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Showing 511 - 520 of 1889 results for "Impact 20/80"

Bowen paints mixed outlook for energy future

ROSE MARY PETRASS  |  THURSDAY, 12 OCT 2023  |  NEWS
Minister of Climate Change and Energy Chris Bowen delivered a pessimistic outlook on containing global warming at 1.5C as Australia heads into a "long hot summer". However, Bowen maintains optimism on the state of Australia's renewable rollout amid ...

Coal mine case sets climate risk precedent

ROSE MARY PETRASS  |  THURSDAY, 12 OCT 2023  |  NEWS
The Federal Court has dismissed a challenge to two coal mine developments, establishing a precedent that the federal government can disregard the climate risks posed by such fossil fuel projects when deciding whether to approve them. In Environment ...

UK transition plan taskforce releases final disclosure framework

ROSE MARY PETRASS  |  WEDNESDAY, 11 OCT 2023  |  NEWS
The UK government's Transition Plan Taskforce (TPT) has launched a final framework as the UK government considers making transition disclosure mandatory for larger companies. Insurer Aviva, the London Stock Exchange Group (LSEG), asset manager Legal ...

ACCC approves Origin Energy bid on renewable grounds

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 OCT 2023  |  NEWS
The Australian Consumer and Competition Commission (ACCC) has greenlit Brookfield and MidOcean's proposed acquisition of Origin Energy. The ACCC partially based its authorisation on the public benefit of the proposed accelerated roll-out of renewable ...

Act now on carbon emissions to avoid higher costs later: EY

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
The price of Australian Carbon Credit Units (ACCUs) is likely to double by 2035, meaning that companies should act now to reduce or abate emissions, according to EY. EY has published Changing Gears: Australia's Carbon Market Outlook 2023, which ...

Does sustainable investing underperform?

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
The market value of sustainable ETFs has seen a meteoric rise, from about US$350 million in 2012 to almost US$100 billion at the end of 2022, but new research questions whether that growth was built with manager skill. 2020 saw large outperformance ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
Insurance leaders have reframed the challenge of climate risk as an opportunity, stating that physical risk from climate change is not the biggest challenge to insurance. Finity Consulting principal Rade Musulin and Swiss Reinsurance head of property ...

Australian companies lagging on climate action

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
Australia's top carbon-emitting companies are still failing to align their decarbonisation targets with the end goal of containing global warming at 1.5° by 2050, according to the latest assessment by Climate Action 100+. Emissions at the 14 Australian ...

ZEN Energy recruits new senior exec

RACHEL ALEMBAKIS  |  TUESDAY, 3 OCT 2023  |  NEWS
Renewable energy retailer ZEN Energy has appointed a new chief financial officer. Phillipa Chen joins ZEN from Macquarie Group where she was a Director of Macquarie Asset Management. "Phillipa brings deep industry and capital market experience to ZEN's ...

Australia's wealth gap deepens: Report

CHLOE WALKER  |  THURSDAY, 28 SEP 2023  |  NEWS
The gap between those with the most and those with the least has blown out over the past two decades, with the average wealth of the highest 20% growing at four times the rate of the lowest, new research suggests. A new report by the Australian Council ...