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Showing 411 - 420 of 1554 results for "emissions"

VIC SEC is back with $1 billion renewable target

ROSE MARY PETRASS  |  THURSDAY, 2 NOV 2023  |  NEWS
... training and education, and create 59,000 jobs with the goal to get the state to 95% renewables by 2035. Victoria has an emissions reduction target of net zero emissions by 2045. The first investment by the SEC will be $1 billion towards building 4.5 ...

Climate change a risk to financial stability: RBA

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... increased claims on insurers and write-downs for investors - as we are now observing. Internationally, direct exposures to emissions-intensive businesses are largest for investment funds, followed by insurers, and then banks." Jones noted that APRA has ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... pollution (including water and air quality, hazardous substances, and plastic waste), climate change (Scope 1, 2 and 3 emissions), and invasive alien species. It will also assess sustainability strategy, accountability, stakeholder engagement, lobbying ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... As part of investors' strategic responses to climate-related risks and opportunities, investors are committing to emissions reductions in their portfolios. Credit rating agencies and other stakeholders are increasingly examining the relationship ...

ESG factors increasingly drive financial decisions

ROSE MARY PETRASS  |  MONDAY, 30 OCT 2023  |  NEWS
... Employment trends are reflecting a growing interest in sustainable investing as the global economy ramps up net zero emissions and reporting on ESG metrics and diversity quotas. Only 7% of asset managers believe ESG factors do not drive investment decisions ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... sent a letter to Boral's board after the company announced that it was walking back its 2025 commitment to reducing emissions from 18% to 12-14%. Australian Ethical is the lead investor on the engagement. "We have been engaging with the company for a ...

Investors lack clarity, rural solutions lack funding

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... partnerships and services Sarah Matthee said. "Our donor partners are committed to funding community-led solutions that reduce emissions and address the impacts of climate change and we are pleased to be working with them to fund local initiatives that ...

Farm to table reporting to increase ag investment certainty

ROSE MARY PETRASS  |  TUESDAY, 24 OCT 2023  |  NEWS
... requirements. The sector grew by 59% in the past 20 years in real terms, but with agriculture contributing 10-35% of global emissions, its vulnerability to climate impacts as well as dependence on the sector means uniquely positioned to lead the charge ...

Investors call for multilateral financial architecture overhaul

ROSE MARY PETRASS  |  TUESDAY, 24 OCT 2023  |  NEWS
... investors with US$9.6 trillion in assets under management reported a fall in total absolute financed greenhouse gas emissions. In its third annual progress report, the UN-Convened Net-Zero Asset Owner Alliance (NZAOA) detailed progress but called on ...

AASB publishes climate-related disclosure standards draft

RACHEL ALEMBAKIS  |  MONDAY, 23 OCT 2023  |  NEWS
... 2007 and related regulations (NGER Scheme legislation)." Kendall emphasised that while climate reporting does feature emissions disclosure, there is a far wider remit for companies to take on as well. "Climate reporting is mot just reporting the emissions ...