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Showing 491 - 500 of 2283 results for "impact"

Blackstone closes record energy transition fund at $7.1bn

ROSE MARY PETRASS  |  WEDNESDAY, 16 AUG 2023  |  NEWS
Closed at a hard cap of $7.1 billion, Blackstone Green Private Credit Fund III is the largest private credit energy transition fund ever raised. The fund is managed by Blackstone Credit's Sustainable Resources Platform, which provides private credit ...

Ethical investments recover performance: Chant West

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  WEDNESDAY, 16 AUG 2023  |  NEWS
... traditional products," he said. Ethical funds - those that combine negative and positive screening - align closely with impact investing. Traditionally, ethical funds were rare and struggled to gain traction due to the perception they might not offer ...

Standard Chartered Bank gets first head of social sustainability

ROSE MARY PETRASS  |  TUESDAY, 15 AUG 2023  |  NEWS
... commercial social sustainability pillar from Singapore, leading new business and partnerships to boost the bank's social impact. She compliments the sustainability team under chief sustainability officer Marisa Drew. Nietsch has worked in global ...

Climate: debt rise, credit falls for 59 nations as early as 2030

ROSE MARY PETRASS  |  FRIDAY, 11 AUG 2023  |  NEWS
The global financial system will see progressive deterioration of sovereign credit ratings in 59 countries due to climate-related factors, resulting in a substantial rise in both corporate and sovereign debt by tens of billions of dollars from 2030. ...

S&P Global drops ESG letter ratings from credit reports

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... an alphanumerical scale. "They supplemented the narrative paragraphs in our credit rating reports where we describe the impact of ESG credit factors on creditworthiness." The company said after further review, they determined that "dedicated analytical ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
One of the world's largest investment firms has announced a $2 billion fund to invest in New Zealand clean tech towards 100% renewable electricity generation by 2035. The country's energy mix currently consists mainly of hydropower, geothermal power ...

Social license or social-washing - weighing the value of public statements on the Voice

ROSE MARY PETRASS  |  THURSDAY, 10 AUG 2023  |  NEWS
... Association of Australasia (RIAA) and the Australian Council of Superannuation Investors (ACSI) support the Voice. ESG and social impact Companies that support the Voice do so because with ESG increasingly at front of mind, both investors and companies ...

Sustainable finance heavyweight to chair National Reconstruction Fund board

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... director of MetaOptima Technology Inc. He is also an adjunct professor at UNSW and a member of the UNSW Centre for Social Impact's Advisory Council. Kathryn Presser, currently the chair of the South Australian Department of Treasury and Finance's Risk ...

Revenue recycling carbon tax would increase Australia's GDP

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... 2012-13 financial year, and rose to $24.15 for 2013-14. The scheme was repealed just two years later due to having a negative impact on prices and the economy. In its place the Abbott government set up the Emission Reduction Fund in 2014 and emissions ...

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

ROSE MARY PETRASS  |  FRIDAY, 4 AUG 2023  |  NEWS
... Kehoe spent 28 years at McKinsey & Company co-founding the investor and private equity practice and was a member of the G7 Impact Taskforce on Impact Accounting. Kehoe will succeed Martin Skancke who has served since 2014 and also worked at McKinsey ...