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Showing 531 - 540 of 640 results for Rose Mary Petrass

Morgan Stanley reaches 70% of $1tn sustainable finance goal

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
Morgan Stanley has surpassed the two-thirds mark of its US$1 trillion target for sustainable and low-carbon investments by the end of this decade. The multinational investment bank and financial services company has released its latest ESG report stating ...

Fidelity creates chief sustainability role, plus new chairs for IPCC and PRI

ROSE MARY PETRASS  |  FRIDAY, 4 AUG 2023  |  NEWS
... Tan has received multiple promotions since he started at the firm in 2007 after leaving a corporate finance role at Norton Rose Fulbright. The ESG expert is being promoted out of his current role as global head of stewardship and sustainable investing ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
Financial institutions, central banks, regulators and governments underestimate the economic damages of climate change because they don't consider climate tipping points. Methodologies that guide the finance world should be corrected as a matter ...

Brookfield signs MoU for renewables

ROSE MARY PETRASS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
Brookfield Asset Management has signed a memorandum of understanding (MoU) with India's largest private sector enterprise Reliance Industries, a Fortune 500 company, to manufacture renewable energy and decarbonisation equipment in Australia. The ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
A London-based think tank has found the world's largest asset managers may fail to meet their own 2050 net zero commitments, with support for climate-ambitious resolutions dropping considerably in 2022. InfluenceMap scored the world's 45 largest asset ...

Climate transition a factor in sovereign debt pricing: Ardea

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
Governments that manage climate change transition poorly may encounter difficulty finding investors to buy their sovereign debt. New research finds carbon dioxide emissions, natural resources rents, and renewable energy adoption statistically impact ...

Executive appointment roundup: Corporate Citizenship to DBS, UNHCR to TBI

ROSE MARY PETRASS  |  MONDAY, 31 JUL 2023  |  NEWS
Sustainability consultant Thomas Milburn has left his role at a global business consultancy after 10 years to join Southeast Asia's largest finance group. Milburn joins Singapore bank DBS (previously Development Bank of Singapore Limited) as senior ...

Climate resilience needed to dodge $442b VIC loss by 2100

ROSE MARY PETRASS  |  MONDAY, 31 JUL 2023  |  NEWS
Rising sea levels and storm surges could cause $442 billion in economic loss in Victoria by 2100, caused by the impacts of sea level rise and storm surge. A recent study, led by the University of Melbourne, the Victorian Marine and Coastal Council and ...

ISSB proposes IFRS digital taxonomy for sustainability disclosure

ROSE MARY PETRASS  |  FRIDAY, 28 JUL 2023  |  NEWS
The IFRS Foundation has published a proposed digital taxonomy to improve global accessibility and comparability of sustainability information. The proposed taxonomy will require the digital reporting of sustainability-related financial information. ...

Singapore fund invests in sustainable tourism

ROSE MARY PETRASS  |  FRIDAY, 28 JUL 2023  |  NEWS
CapitaLand Investment's lodging business Ascott has signed a MoU with the Global Sustainable Tourism Council (GSTC) to jointly train and equip tourism industry leaders and professionals on best practice in sustainability. As part of Singapore's national ...