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Podcast: Driving the just transition in APAC - Jane Ho

THE GREENER WAY  |  TUESDAY, 28 NOV 2023  |  NEWS
In this episode, brought to you by BNP Paribas Asset Management, we'll be talking about stewardship and how issues that are specific to the APAC region impact on investment considerations. Joining us for this conversation is BNP Paribas Asset Management ...

Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
An independent review to be released next month will inform how Canberra moves forward amid criticisms of its Australian Carbon Credit Unit (ACCU) scheme. Ahead of release, FS Sustainability has learnt the recommendations won't address modern slavery ...

Rest invests $1b in Quinbrook green data centres

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
Superannuation firm Rest will invest $1 billion in renewable and clean energy infrastructure manager Quinbrook Infrastructure Partners. The commitment will support the energy transition, providing exposure to a range of assets including solar and battery ...

Surge in executive support for sustainability

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
There has been a threefold growth in executives acknowledging the business case for sustainability, but, heightened understanding has not yet translated into increased investment. A global survey of 2151 executives across 718 large organisations finds ...

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... likely to include net zero statements and targets, use of terms such as 'carbon neutral', 'clean' or 'green,' [and] the scope and application of investment exclusions and screens."

Corporate net zero plans at odds with anti-climate lobbying

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
Despite widespread corporate commitments to net zero, a significant proportion of global companies engage in lobbying that contradicts their stated environmental goals. While almost all US companies target net zero, most are weakly aligned to their ...

H2Kwinana Hydrogen Hub gets $70m government backing

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
... complete in mid-2027 and production t commence in 2025. It is estimated that the hub could produce over 14,000 tonnes of green hydrogen per year for industrial use and heavy transport. This is equivalent to fuelling around 750 vehicles a year in Australia's ...

Macquarie opens clean energy arm

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
... and Tasmania. These include 2.4 GW of large-scale onshore wind farms in Western Australia developed in partnership with Green Wind Renewables. A wind farm in Boulder Creek near Rockhampton, Queensland, is expected to begin development in 2024. The business ...

La Trobe University inks sustainability-linked loan

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
... neutrality initiatives; sustainable transport initiatives involving the conversion of vehicle fleet to electric vehicles; Green Building Council of Australia's Green Star Communities certification including employment, water and waste initiatives; and ...

Sustainable bonds underperform on climate targets

ROSE MARY PETRASS  |  THURSDAY, 16 NOV 2023  |  NEWS
... turning to labelled bonds (corporate-bond issuers in MSCI ESG Ratings coverage with at least one outstanding self-labeled green bond, sustainability bond or SLB), issuing more sustainable-debt instruments than supranationals, sovereigns, and agencies ...