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Showing 491 - 500 of 1496 results for "transition"

Litigation immunity sparks legal expert outcry

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... FS Sustainability the pause may undermine market integrity by providing protection for companies who already publish transition plans. "Corporate immunity from private litigation is a terrible idea," said Barnden. "It protects larger companies from lawsuits ...

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... has changed tack to become the first of the big banks to formally cut ties with coal, oil and gas without credible transition plans, ahead of schedule. Last year, Commonwealth Bank announced that from 2025 it would not provide loans without strong transition ...

BHP, Rio Tinto, Qantas back carbon credits fund

JAMIE WILLIAMSON  |  FRIDAY, 16 AUG 2024  |  NEWS
... Qantas on board. "Their partnership and commitment highlight the importance of high-integrity carbon credits in the transition to a low-carbon economy," he said. "This fund represents not only an investment in carbon abatement but a significant milestone ...

Wollemi Capital appoints former state Treasurer

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024  |  NEWS
... Hunyor said. Kean said he is excited to bring his experience into the newly established role. "My approach to the energy transition has always been pragmatic and considered the environmental benefits as well as the financial and economic opportunities ...

Podcast: A just transition for regional Australia with Amanda Cahill

THE GREENER WAY  |  TUESDAY, 13 AUG 2024  |  NEWS
No one should be left behind in the transition to a net zero economy - and behind the scenes, both private and public sectors are working hard to understand where funding needs to flow. But putting aside nice-to-haves, will achieving a just transition ...

Disorderly transition may spark financial meltdown

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... determined contributions (NDC), as well as regulatory changes as half the world heads to the polls, may spark a "disorderly transition" to net zero. In a disorderly transition to net zero, global losses from stranded fossil fuel assets could amount to ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... However, the ammonia buyout may appease the record 58.4% of shareholders that voted to reject Woodside's Climate Transition Action and 2023 Progress Report at the April AGM. Pacifying shareholders was "a major imperative" to Woodside's decision ...

Help on nature, climate disclosures

ROSE MARY PETRASS  |  TUESDAY, 6 AUG 2024  |  NEWS
... climate-related and other uncertainties affect their financial position and performance," Barckow said. For example: Even if a transition plan will not effect a company's financial position and performance, it might still be expected to disclose why ...

Quinbrook closes clean energy capital raise at $3bn

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... and battery storage. This marks Quinbrook's third fund close in this past year and its fifth successive energy transition-focused fund, bringing total capital raised to more than US$4.3 bn. It follows the Low Carbon Power Fund, which closed at US$1.6 ...

Asset managers fast track portfolio targets

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... their targets are at a competitive advantage, showing their ability to manage the risks and opportunities in the global transition to a net zero economy." Most targets focus on real economy decarbonisation. 62.5% have now set the predominant target type ...