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Showing 11 - 20 of 1196 results for "Target"

UniSuper invests $623m in Macquarie green fund

ELIZA BAVIN  |  MONDAY, 22 APR 2024  |  NEWS
UniSuper announced it has committed up to US$400 million (AU$623 million) to the Macquarie Green Energy and Climate Opportunities Fund (MGECO). MGECO is an open-ended fund that invests in large scale, mature sustainable technologies to support the transition ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... (CEF) says buildings are the "low-hanging fruit" that make up the lion's share of the big four banks' sustainable finance target (SFT) of $385 billion by 2030 - while just 7% flows to financing clean energy and hard-to-abate sectors. There is a green ...

Canberra's new plan a winner for investors

ROSE MARY PETRASS  |  MONDAY, 15 APR 2024  |  NEWS
Albanese's Future Made in Australia Act is a much-needed signal to promote competition, resiliency, productivity, and attract capital, investors say. The new on-shore manufacturing laws give the green light for superannuation funds and other institutional ...

Three innovations to fix carbon market

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
With effective risk management and capital allocation, Australia's carbon market can scale to become the biggest in the world, Westpac and the Carbon Market Institute (CMI) say. Companies are shifting from a focus on carbon neutrality to net zero alignment ...

Rest teams up with Fidelity to launch new fund

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024  |  NEWS
... key markets including France, Germany, Netherlands, and the United Kingdom. The investment also brings Rest closer to its target of achieving a 1% allocation to impact investments across its total portfolio by 2026. Decarbonising operations was becoming ...

Upskill needed as mandatory reporting looms

ROSE MARY PETRASS  |  TUESDAY, 9 APR 2024  |  NEWS
Australian businesses and financiers face significant challenges in reporting on sustainability - a technical skill that is essential to meet climate targets and ensure a smooth and effective transition to net zero. Both government and high education ...

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
... maintaining energy security, increasing resiliency and sustaining economic opportunity around the world." Citi has a net zero target - including for businesses it finances - by 2050. This comes as the 2024 proxy season and AGM's are well underway, with ...

Shared Value founder heads up regional alliance

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
Helen Steel, who founded and led Shared Value Project (SVP), the business impact group, for almost seven years, now takes her experience to regional collaboration efforts. Steel now announces she has joined the South East Councils Climate Change Alliance ...

Nature taskforce announces leadership overhaul

ROSE MARY PETRASS  |  MONDAY, 25 MAR 2024  |  NEWS
... honour". "I am particularly delighted that the final recommendations serve as a mechanism to operationalise the objective of Target 15 of the Global Biodiversity Framework," she said. "In just over two years, we have delivered the recommendations and ...

Deutsche Bank links 33% of long-term bonuses to non-financial targets

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... cement, and shipping. This covers 54% of the bank's financed emissions. The bank is eyeing further expansion, with plans to target two additional sectors this year. The bank also outlined progress on its sustainability agenda and targets, including governance ...