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Showing 11 - 20 of 354 results for "Paris"

Australia can be energy transition, climate leader

KARREN VERGARA  |  FRIDAY, 28 MAR 2025  |  NEWS
... climate-related references in its cabinet. One of Trump's first moves when he assumed office was to withdraw the US from the Paris Agreement. The rejection of the UN Sustainable Development Goals (SDGs) and Agenda 2030 are other recent examples. ...

UBS delays climate target to 2035

KARREN VERGARA  |  FRIDAY, 21 MAR 2025  |  NEWS
... management (AUM) of the combined businesses. "Therefore, we have withdrawn the target. We remain committed to supporting the Paris Agreement climate goals in line with global efforts. We recorded USD$64.4bn of total assets as having a net-zero ambition ...

5000 European ESG funds investing in fossil fuels

JAMIE WILLIAMSON  |  THURSDAY, 20 MAR 2025  |  NEWS
... about $212 billion (€123bn) into companies that are either actively ramping up production of oil, gas and coal, or lack a Paris-aligned coal phase-out plan. Of the total, about $40 billion (€23.5bn) is invested in oil and gas majors TotalEnergies ...

US rejects SDGs, Agenda 2030

KARREN VERGARA  |  MONDAY, 10 MAR 2025  |  NEWS
... them as a matter of course," he said. One of Trump's first moves when he assumed office was to withdraw the US from the Paris Agreement under the United Nations Framework Convention on Climate Change. He also revoked the Biden administration's US International ...

ESG investing to skyrocket in APAC: Report

KARREN VERGARA  |  THURSDAY, 27 FEB 2025  |  NEWS
... leadership in sustainable investing." Despite US President Donald Trump's anti-ESG stance and immediate withdrawal from the Paris Climate Agreement as soon as he was sworn in early this year, the research is optimistic about the future of ESG investing. ...

Australian Ethical sees path through anti-ESG push

ROSE MARY PETRASS  |  TUESDAY, 25 FEB 2025  |  NEWS
... new US administration - such as expanded fossil fuel extraction, a ban on offshore wind projects, and withdrawal from the Paris Agreement - Woods argues these measures open a window for ethical investors to take advantage of market volatility. In the ...

HSBC adds 20 years to net zero ambitions

KARREN VERGARA  |  MONDAY, 24 FEB 2025  |  NEWS
... pace of decarbonisation, a combination of the above factors has led to the transition being slower than envisaged by recent Paris-aligned net zero scenarios. Moreover, certain high emitting sectors are not yet currently on a 1.5°C pathway. Until the ...

Climate transition poses GFC-level risk: Emmi

ROSE MARY PETRASS  |  MONDAY, 17 FEB 2025  |  NEWS
... totalling $38 trn (US$24 trn). More than $314 billion (US$200 bn) in corporate debt will be significantly exposed even under the Paris-aligned 2°C scenario. Green bonds do not fully mitigate risk To reduce their climate transition risk directly, investors ...

Asset managers react to news 2C is 'dead'

ROSE MARY PETRASS  |  THURSDAY, 13 FEB 2025  |  NEWS
... pathways, and adaptation to climate change to reduce physical risk. HESTA and Alphinity - both of which are signed up to Paris-aligned asset manager initiatives - recognise that climate changes poses a material systemic risk. A Paris-aligned transition ...

Trump Paris exit "bad news" for rest of world

ROSE MARY PETRASS  |  THURSDAY, 23 JAN 2025  |  NEWS
... executive orders on his first day back in office and revoked 78 executive actions of the previous administration. He exited the Paris Agreement and vowed to maximise US oil and gas production and exploration. At least a dozen diversity, equity and inclusion ...