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Showing 521 - 530 of 640 results for Rose Mary Petrass

New code of practice to mitigate slavery risks in renewables

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
... will be developed in collaboration with Australia's peak clean energy industry body the CEC, alongside legal firm Norton Rose Fulbright. The NSW anti-slavery code of practice will be an Australian first, "technology neutral", and "future-proofed". ...

$12tn Asian engagement program advocates climate-linked pay

ROSE MARY PETRASS  |  THURSDAY, 17 AUG 2023  |  NEWS
Prominent Asian utilities investors are actively engaging with companies to align executive remuneration with climate progress in their investment portfolios. Despite the welcome progress on climate, investors are calling for more accelerated climate ...

How investors manage risk in a new AI world

ROSE MARY PETRASS  |  THURSDAY, 17 AUG 2023  |  NEWS
In an era marked by the rapid ascent of generative artificial intelligence (AI), investors can potentially reap the rewards from a plethora of efficiency-maximising opportunities to automate core business processes in the companies they invest in. But ...

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 ...

Standard Chartered Bank gets first head of social sustainability

ROSE MARY PETRASS  |  TUESDAY, 15 AUG 2023  |  NEWS
Natalie Marko Nietsch has been appointed first head of social sustainability at Standard Chartered Bank. She will drive commercial social sustainability pillar from Singapore, leading new business and partnerships to boost the bank's social impact. ...

ASX200 skirts Scope 3 disclosures

ROSE MARY PETRASS  |  TUESDAY, 15 AUG 2023  |  NEWS
While nearly 70% of the ASX200 is now reporting against the Taskforce for Climate-related Financial Disclosures (TCFD) framework, "not all net zero commitments are equal" and significant Scope 3 emissions disclosure gaps remain. New research by the ...

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

ROSE MARY PETRASS  |  FRIDAY, 11 AUG 2023  |  NEWS
... Climate change could increase the annual interest payments on sovereign debt by US$45-$67 billion under RCP 2.6. Sovereign debt rose to US$135-$203 billion under RCP 8.5 - an aggressive, worst-case climate change scenario. Under this scenario, current ...

Woodside sells 10% of $16.5b Scarborough LNG to Japan investors

ROSE MARY PETRASS  |  FRIDAY, 11 AUG 2023  |  NEWS
Two prominent Japanese investors are set to acquire a 10% stake in Woodside's controversial WA Scarborough liquid natural gas (LNG) project for US$880. The equal partners will function both as customers and collaborators, exploring new energy prospects. ...

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

ROSE MARY PETRASS  |  THURSDAY, 10 AUG 2023  |  NEWS
Many companies and investors have come out with public statements on an Aboriginal and Torres Strait Islander Voice to Parliament, with some questioning the effectiveness - and appropriateness - of such statements. Corporates are evaluating whether ...

Revenue recycling carbon tax would increase Australia's GDP

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... scheme dropped by 7%. The price of a permit for one tonne of carbon was fixed at $23 for the 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. ...