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Showing 311 - 320 of 1559 results for "act."

Investors call for leadership diversity at ASX300 listed companies

ROSE MARY PETRASS  |  MONDAY, 4 SEP 2023  |  NEWS
Only 17% of ASX300 companies are achieving gender diversity in executive leadership in line with the 40:40 Vision, with two-thirds of investors planning on increasing advocacy on the issue within the next 12 months. A recent survey of investors found ...

Bank says fossil fuel exclusions "will bite" in the future

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
A growing group of financial institutions from around the world are divesting from fossil fuel companies and projects and becoming certified as fossil-fuel free. This presents a growing challenge as the window of what is considered exposure narrows. ...

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
The Commonwealth of Australia will for the first time disclose climate risk in sovereign bonds following the settlement of a world-first class action lawsuit. The case was filed in 2020 by Kathleen O'Donnell, represented pro bono by Equity Generation ...

Investors in hot seat over impact of 50-degree day

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
Institutional investors need to prepare for what would happen when Australia's temperature hits 50 degrees and analyse the impacts on investments and communities. The impact of a 50 degree day is the subject of a climate risk simulation exercise at ...

Bridging the ESG gap: strategies for institutional investors

ROSE MARY PETRASS  |  MONDAY, 28 AUG 2023  |  NEWS
Institutional investors worldwide face a moment of truth for their commitment to improving ESG. Over 4000 investors and managers representing US$120 trillion in assets under management have now signed on to the UN-backed Principles for Responsible Investment ...

Asia ahead in Science Based Targets race

ROSE MARY PETRASS  |  MONDAY, 28 AUG 2023  |  NEWS
2022 saw an 87% increase in corporates setting targets, as more companies set targets in one year than in the seven years previously. The Science Based Targets initiative (SBTi) has reported 1097 companies set science-based targets in 2022 - a rise ...

Climate action both risk and opportunity to Australia: Intergenerational Report

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
Tackling climate change and transforming Australia's economy to its net zero 2050 target are central priorities in the 2023 Intergenerational Report issued today. In the Intergenerational Report, which provides a forecast of Australia's budget and economy ...

Finance "misunderstanding" risk of nature loss

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
Financiers do not assess and disclose deforestation and biodiversity loss in Australia and may not even be aware of the risk when funding Australia's primary industries. New research from EY commissioned by The Wilderness Society found that deforestation ...

Aussie farmers call for climate courage

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
Australia's food security hangs in the balance with climate change exacerbating extreme drought, flooding and other impacts which harm the country's ability to sustain food production, but climate change also presents opportunities for investment in ...

Data centre operator refinances multi-billion-dollar sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
APAC and Japan data centre specialist AirTrunk has more than doubled the financing of an existing sustianbility linked loan, going from $2.1 billion to $4.6 billion. The transaction will refinance existing debt facilities and support the company's "rapid ...