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Showing 31 - 40 of 2307 results for "Environment"

Members beef up ESG checks

ROSE MARY PETRASS  |  TUESDAY, 19 MAR 2024  |  NEWS
... them consider whether their investments are contributing to human rights abuses (48%) or climate change (48%). On the environment front, net zero looms large: 76% want their banks and funds to make formal commitments to net zero by 2050. Human rights ...

Super battle on impact investing and returns

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
A new campaign urges Australian super funds to finance ESG matters, as asset owners push back against such member demands. The #5by25 campaign hopes to bolster institutional capital and raise public and private investment in projects that deliver measurable ...

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
Confidence in net zero by 2050 is diminishing, with almost two-thirds of executives now anticipating the world will reach net zero by 2060 or later, up from just over half a year ago. Despite this, most companies are sustaining or ramping up investments ...

CBA launches green business loan

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
Australia's largest lender has rolled out a new financing option for enterprises to fund sustainability projects like renewable energy, energy-efficient upgrades, climate resilience, and nature protection. The Business Green Loan supports organisations ...

Greenwashing remains a priority: ASIC

MICHELLE BALTAZAR  |  MONDAY, 18 MAR 2024  |  NEWS
... the UN as the act of misleading the public to believe that a company or other entity is doing more to protect the environment than it is. "We have made some improvements in the greenwashing space, which remains an important priority," said newly appointed ...

AI poses serious governance risk

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
Super funds could be left footing the bill of listed companies that are quick to adopt artificial intelligence (AI) systems but slow to grasp the governance risks when the technology fails. Professor Nicholas Davis, a leading academic on emerging technologies ...

More calls for adaptation

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
... us the best chance of limiting the impact of climate change on our economy, on our communities, and on our natural environment." Canberra is currently consulting on a sustainable finance strategy led by Treasurer Jim Chalmers, aimed at facilitating multiple ...

Major indices provide ESG clarity

ROSE MARY PETRASS  |  TUESDAY, 12 MAR 2024  |  NEWS
New data has been released by major indices, hoping to help investors and the businesses they invest in to navigate biodiversity and sustainable finance requirements. The firms, S&P Dow Jones and Deutsche Bank, recently responded to allegations they ...

Cannon-Brookes backs rural climate fund

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
... communities "have the knowledge and ideas" required to decarbonise, mitigate climate risks, and adapt in a changed climate environment. "But they need a hand to take action. "With the support of Boundless Earth and Hand Heart Pocket, we've been able ...

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
Major ESG indices have responded to allegations they listed companies with links to the Myanmar military junta. The indices, MSCI, FTSE Russell and S&P Dow Jones, were used by BlackRock, Deutsche Bank, Northern Trust, State Street and Vanguard to model ...