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Showing 321 - 330 of 984 results for "Action2020"

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 ...

Investors consider greenwashing when setting net zero targets

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
Businesses and investors are balancing how to set and communicate ambitious net zero targets decarbonisation without greenwashing or greenhushing, and getting that correct is a challenge. Regulators around the world have been cracking down on greenhushing ...

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 ...

Climate minister identifies climate adaptation as key priority

RACHEL ALEMBAKIS  |  TUESDAY, 22 AUG 2023  |  NEWS
Investing in adaptation and resilience measures will build long-term economic stability, but there are barriers preventing private investment, particularly in high-risk regions. Assistant Minister for Climate Change and Energy Jenny McAllister identified ...

Engaging for real-world decarbonisation: IGCC

RACHEL ALEMBAKIS  |  MONDAY, 21 AUG 2023  |  NEWS
Collaborative engagement groups like Climate Action 100+ can be important tools for investors and companies to discuss implementation of climate strategies, but investors have to be able to see how a company's commitments lead to real-world decarbonisation. ...

$12tn Asian engagement program advocates climate-linked pay

ROSE MARY PETRASS  |  THURSDAY, 17 AUG 2023  |  NEWS
Prominent Asian utilities investors are actively engaging with companies to align executive remuneration with climate progress in their investment portfolios. Despite the welcome progress on climate, investors are calling for more accelerated climate ...

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
ASIC has filed a suit against Active Super over greenwashing claims, alleging, among other charges, that the super fund was invested in Russian assets after the invasion of Ukraine while purporting otherwise to members. The markets regulator has commenced ...

S&P Global drops ESG letter ratings from credit reports

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
S&P Global Ratings has stopped providing new ESG scores when evaluating credit in an abrupt about-face. Effective immediately, the company announced it is no longer publishing new ESG credit indicators in our reports or updating outstanding ESG credit ...