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Showing 401 - 410 of 1351 results for "finance"

Fidelity creates chief sustainability role, plus new chairs for IPCC and PRI

ROSE MARY PETRASS  |  FRIDAY, 4 AUG 2023  |  NEWS
... announce new chairs. Tan has received multiple promotions since he started at the firm in 2007 after leaving a corporate finance role at Norton Rose Fulbright. The ESG expert is being promoted out of his current role as global head of stewardship and ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... issued a warning. "ASIC is actively considering the conduct and obligations of third-party service providers to sustainable finance product issuers," the spokesperson said. "ASIC's jurisdiction includes, but is not limited to, providers with an AFSL ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
... economic damages of climate change because they don't consider climate tipping points. Methodologies that guide the finance world should be corrected as a matter of fiduciary duty, according to a report by economist Steve Keen from the University ...

La Trobe Uni issues $175m green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
... and reinforces our position as a responsible and forward-thinking institution." Proceeds from the bond will be used to finance projects under a variety of categories. In renewable energy projects, there will be "investment in the development and expansion ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... largest asset management companies based on equity portfolio analysis, stewardship of investee companies, and sustainable finance policy engagement. The study, 2023 Asset Managers and Climate Change, found 95% of portfolios have not made significant ...

Climate transition a factor in sovereign debt pricing: Ardea

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
Governments that manage climate change transition poorly may encounter difficulty finding investors to buy their sovereign debt. New research finds carbon dioxide emissions, natural resources rents, and renewable energy adoption statistically impact ...

Executive appointment roundup: Corporate Citizenship to DBS, UNHCR to TBI

ROSE MARY PETRASS  |  MONDAY, 31 JUL 2023  |  NEWS
... consultant Thomas Milburn has left his role at a global business consultancy after 10 years to join Southeast Asia's largest finance group. Milburn joins Singapore bank DBS (previously Development Bank of Singapore Limited) as senior vice president in ...

Mike Ng named first chief sustainability officer for OCBC

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
... products and services." She said Ng was a "natural fit" for the newly created role: "He is highly regarded as a sustainable finance veteran with an innovative and forward-looking mind. Throughout his career in OCBC, he has always pushed for greater heights ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... February 2021, a media release issued in August 2018, in statements on its website, statements made in an interview with Finance News Network and statements made in a presentation at a Finance News Network Fund Manager Event, both of which were recorded ...

NextEnergy Capital's ESG solar fund raises $480 million at first close

ROSE MARY PETRASS  |  MONDAY, 24 JUL 2023  |  NEWS
... investors are currently undergoing due diligence. The fund is classified as an Article 9 Fund under Europe's Sustainable Finance Disclosures Regulation (EU SFDR). The ten-year closed-ended vehicle targets mid double-digit returns in solar PV and energy ...