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Showing 521 - 530 of 984 results for "Action2020"

UniSuper updates progress on net zero target

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
UniSuper has reduced its exposure to fossil fuel extraction to less than one percent of its overall portfolio, while 40 of its top 50 Australian investments have set targets aligned with the Paris Agreement. The $100 billion super fund has published ...

BlueScope sets net zero target

RACHEL ALEMBAKIS  |  MONDAY, 16 AUG 2021  |  NEWS
BlueScope has announced a net zero 2050 target for its scope 1 and 2 greenhouse gas emissions. The commitment is "highly dependent on several enablers, including the commerciality of emerging and breakthrough technologies, the availability of affordable ...

Not all oil stocks are out on ESG grounds: Pendal Group

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
Not all oil and gas companies are alike when it comes to ESG characteristics and transitioning to net zero, according to Pendal Group. As diversified oil and gas companies realign their operations towards a carbon-constrained future, investors have ...

Banks' role in global decarbonisation under spotlight

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
Banks are uniquely exposed to the risks of climate change, but uniquely placed to drive the transition to a low carbon future, according to Aviva Investors. "Banks are essential for the global economy," said Aviva Investors senior ESG analyst Richard ...

Companies have duty to act on climate conclusions of IPCC report

RACHEL ALEMBAKIS  |  TUESDAY, 10 AUG 2021  |  NEWS
With the publication of a landmark report into the physical impacts of climate change, company executives and directors must respond to the impending risks to business and supply chain. The Intergovernmental Panel on Climate Change (IPCC) has released ...

Investors press for swift action in wake of climate report

RACHEL ALEMBAKIS  |  TUESDAY, 10 AUG 2021  |  NEWS
Investors are pressing for swift action on climate change after a landmark report from the Intergovernmental Panel on Climate Change (IPCC) that has been labelled a "code red for humanity." The IPCC has released Climate Change 2021: the Physical Science ...

IPCC report highlights need for urgent action in Australia: CMI

RACHEL ALEMBAKIS  |  TUESDAY, 10 AUG 2021  |  NEWS
Against the backdrop of a landmark report into the physical impacts of climate change, one expert suggests that Australia's existing policy settings can be updated to a cap-and-trade systems to meet the challenge. The Intergovernmental Panel on Climate ...

Assessing big tech's ESG risks and opportunities: Aviva Investors

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
Tech companies such as Alphabet, Facebook and Microsoft have soared over the past 12 months and the IT sector is a large component of many ESG funds, but Aviva Investors cautions that there are ESG risks to businesses' practices that must be scrutinised. ...

Women make strides on ASX300 boards, but cultural diversity lags

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
The number of women on boards of ASX300 companies has risen by 60% in the past five years, but cultural diversity has not kept pace. The Governance Institute of Australia and Watermark Search International have released the Board Diversity Index, which ...

Setting ESG targets a "first mover advantage" for companies

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
Setting ambitious ESG targets can provide companies with a "first mover advantage" in terms of access to new forms of capital and investment. Adam Carrel, partner in the EY Climate Change and Sustainability Services team, and Emily Whelan, ESG advisory ...