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Showing 521 - 530 of 2570 results for "INCR"

AI and crypto mining to drive energy opps: PGIM

MICHELLE BALTAZAR  |  FRIDAY, 7 JUN 2024  |  NEWS
The rising consumption of all things digital - cloud computing, artificial intelligence and crypto mining - are giving fund managers new and unlikely sources of alpha in the global energy sector, PGIM research shows. In its investment report titled ...

Fintech group nabs ESG lead

ROSE MARY PETRASS  |  FRIDAY, 7 JUN 2024  |  NEWS
Louisa Scott has started as director of ESG for Automic Group, the financial services tech platform. She joins an existing team which includes another director-level consultant in the Sydney office, Owen Morrison. It is part of a growth drive in the ...

Westpac looks for next CSO

ROSE MARY PETRASS  |  THURSDAY, 6 JUN 2024  |  NEWS
Siobhan Toohill leaves Westpac next month after two years as chief sustainability officer and nine years as group head of sustainability previously. Toohill will also step back from participation as Westpac's representative on the United Nations Environment ...

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024  |  NEWS
Active Super has been found guilty of misleading the public with false claims about its environmental, social, and governance (ESG) credentials. The profit-to-member fund, which is set to merge with Vision Super in March 2025, made claims on its website ...

Investors eye energy transition

ROSE MARY PETRASS  |  WEDNESDAY, 5 JUN 2024  |  NEWS
A renewable energy fund manager and developer has snapped up 28,000 hectares of land in NSW, in response to rising demand from both institutional and wholesale investors. Octopus Australia acquired the land to develop a new $3.5 billion 1-gigawatt Merino ...

Data demand drives tech growth

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
An Aussie start-up has become the world's largest private markets emissions data network with USD$3.5 trillion AUM. Founded in 2020 Pathzero now has initial emissions data for more than USD$3.5 trillion of the USD$13.1 trillion in global private ...

Holdings fly in face of super duty

ROSE MARY PETRASS  |  THURSDAY, 30 MAY 2024  |  NEWS
Aussie super funds' recent ramp up of fossil fuel holdings breaches their fiduciary duty and puts Australian retirements at risk, researchers say. Despite net zero by 2050 commitments, Australia's largest 30 super funds nearly doubled fossil fuel exposure ...

One in three analyse physical climate risk: IGCC

ROSE MARY PETRASS  |  THURSDAY, 30 MAY 2024  |  NEWS
Aussie investors ramp up climate action but need to focus on physical climate risks and near-term emissions reduction targets. The Investor Group on Climate Change (IGCC) has put out it's State of Net Zero Investment Report for 2024, with data as of ...

Accountants say digital is key

ROSE MARY PETRASS  |  MONDAY, 27 MAY 2024  |  NEWS
Digitally integrating climate and financial reporting may help circumvent the challenges entities face meeting Australia's looming reporting rules, argue Deloitte and PwC. Mandatory climate reporting in Australia is set to come into force from this ...

Super funds to solve the housing crisis?

ANDREW MCKEAN  |  MONDAY, 27 MAY 2024  |  NEWS
Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty said at the Australian Shareholders' Association Conference yesterday that addressing the supply side of the housing crisis requires an infusion of private capital. ...