Search Results

Showing 11 - 20 of 821 results for "economy"

Canberra acts on billion-dollar net zero plan

ROSE MARY PETRASS  |  WEDNESDAY, 3 APR 2024  |  NEWS
... investment, alongside $1 billion for solar that analysts claim will generate up to $400 billion of private capital. The Net Zero Economy Authority Bill 2024 sets the wheels in motion; while a second bill, the Net Zero Economy Authority (Transitional ...

Directors welcome new climate reporting regime

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... need to be carefully managed, requiring extensive up-skilling across boards, organisations, the audit profession and the economy as a whole. We need to get this right and encourage a strategic rather than compliance-based mindset." "On balance the Government's ...

Key sector could boost economy by $100 billion

ROSE MARY PETRASS  |  FRIDAY, 22 MAR 2024  |  NEWS
... nation's $1.5 trillion GDP - that is, $45 billion in universities, research institutions, and innovative businesses, the economy would be bolstered by 42,000 new jobs. Science & Technology Australia (STA) president, Royal Melbourne Institute of Technology ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... Deloitte last year indicated that generative AI would "rapidly and significantly" disrupt over a quarter of the Australian economy, impacting nearly $600 billion in economic activity, especially within professional and financial services. Deloitte lead ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... Sustainability the fund engaged with Woodside on "its approach to climate change and its strategy to transition to a net zero economy". But ultimately, the firm says investment decisions should be made through the lens of ensuring the best financial ...

More calls for adaptation

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
... avoid. But investing in adaptation work now, gives us the best chance of limiting the impact of climate change on our economy, on our communities, and on our natural environment." Canberra is currently consulting on a sustainable finance strategy led ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... and opportunities every day - as is their fiduciary duty. The fact remains that a fast and fair decarbonisation of the economy has by far the best outcomes for their beneficiaries." A Citi spokesperson commented on the firm's exit of the Equator Principles ...

Investors scrutinise Australia-first gender pay gap data

ROSE MARY PETRASS  |  TUESDAY, 27 FEB 2024  |  NEWS
... gender pay gap is 23%, and the median total remuneration gender pay gap is 26%. The gender pay gap costs the Australian economy $51.8 billion every year, according to minister for women Katy Gallagher. WGEA CEO Mary Wooldridge said gender pay transparency ...

Rest makes another impact investment allocation

RACHEL ALEMBAKIS  |  MONDAY, 26 FEB 2024  |  NEWS
... long-term total returns by investing in companies that are expected to contribute to the transition to a lower-carbon global economy," and focuses on businesses in three areas of decarbonisation - renewable energy, resource efficiency and electrification. ...

AXA IM warns companies on climate lobbying

ROSE MARY PETRASS  |  THURSDAY, 22 FEB 2024  |  NEWS
... commitments, we remain committed to regularly evolving our practices and policies over time and we acknowledge the need for real economy policies to further support the transition to a net-zero world," AXA IM sustainability coordination and governance ...