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Showing 331 - 340 of 2191 results for "climate"

Global investors unite for Climate Action 100+

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
A group of global asset owners has issued a statement in support of Climate Action 100+ (CA100+) after an exodus of large investor members early this year. The initiative received the endorsement from 44 asset owners across the globe, including the ...

Data demand drives tech growth

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
... approach mandatory reporting, asset owners and fund managers are recognising the urgency of being able to disclose detailed climate impact reports to stakeholders, and in cases of climate litigation." "The need for real data within the network is emphasised ...

Holdings fly in face of super duty

ROSE MARY PETRASS  |  THURSDAY, 30 MAY 2024  |  NEWS
... investments. Every superannuation fund increased investments, both in dollar terms and as a proportion of share investments. The 'Climate Wreckers Index' includes companies like Woodside Energy, Santos, and Whitehaven Coal, which would be responsible ...

One in three analyse physical climate risk: IGCC

ROSE MARY PETRASS  |  THURSDAY, 30 MAY 2024  |  NEWS
Aussie investors ramp up climate action but need to focus on physical climate risks and near-term emissions reduction targets. The Investor Group on Climate Change (IGCC) has put out it's State of Net Zero Investment Report for 2024, with data as of ...

Standards boards unite for global rollout

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAY 2024  |  NEWS
... China Sustainability Disclosure Standards System based on the ISSB standards. Australia and the UK have both pushed back climate-related financial reporting to 2025. Servais said he is "encouraged by the fact that not even a year after our endorsement ...

Sustainable Finance Taxonomy open for consultation

ROSE MARY PETRASS  |  TUESDAY, 28 MAY 2024  |  NEWS
... sustainable assets and activities. ASFI is consulting on the draft headline ambitions for environmental objectives, which are: climate change mitigation, climate change adaptation and resilience, biodiversity and ecosystem protection, sustainable use ...

Govt moves timetable on power station closure

ROSE MARY PETRASS  |  MONDAY, 27 MAY 2024  |  NEWS
... and our transition to low carbon transportation, we do have a problem. "We are in an economy that is highly exposed to climate risk. And if we keep giving handouts or support to assets without clear transition plans, then we have a problem. Because we ...

Accountants say digital is key

ROSE MARY PETRASS  |  MONDAY, 27 MAY 2024  |  NEWS
Digitally integrating climate and financial reporting may help circumvent the challenges entities face meeting Australia's looming reporting rules, argue Deloitte and PwC. Mandatory climate reporting in Australia is set to come into force from this ...

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
... including Australia's Big Four banks, committed US$6.9 trillion to the fossil fuel industry since 2016, the Banking on Climate Chaos report found. The report is an annual compilation of financial commitments - lending and underwriting of debt and equity ...

ESG demand still high for advisers

ROSE MARY PETRASS  |  THURSDAY, 23 MAY 2024  |  NEWS
... everything". The lesson being: "Everyone cares about something. Even the people who are most rejecting of ESG." While climate change remains in the top spot, gender equality has shifted from fifth place to runner-up in the list of key priorities for ...