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Showing 561 - 570 of 2191 results for "climate"

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
... 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 companies are either continuing to rise or not declining significantly ...

Danish pension fund completes US$520m divestment

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
... course. "After several years, where we together with other investors, have tried to get these companies to change their climate course, we have to realise that the top management in the oil and gas sector simply refuse to do so in [a] manner consistent ...

Climate fund assets reach half a trillion dollars

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
The world is failing to limit warming to 1.5°C - yet climate transition funds are gaining traction, with assets in open-end and exchange-traded funds with a climate focus now reaching US$534 billion. Boosted by inflows and product development, assets ...

Rainmaker names ESG leader super funds

RACHEL ALEMBAKIS  |  THURSDAY, 28 SEP 2023  |  NEWS
... with companies into which it invests; publication of ESG reports - that the fund reviews and discloses its environmental, climate change and social impacts; investment processes - disclosure of the practices through which it implements ESG principles ...

Nature credits a potential bonanza for Australia

RACHEL ALEMBAKIS  |  THURSDAY, 28 SEP 2023  |  NEWS
... momentum. Clayton Utz notes that Australian companies need to act fast on TNFD and those that move quickly to integrate climate and nature reporting will have a "first mover advantage." "From a reporting perspective, the thing we're watching out for ...

Australia's wealth gap deepens: Report

CHLOE WALKER  |  THURSDAY, 28 SEP 2023  |  NEWS
... policy that disproportionately benefit those with the most," she said. According to EY co-leader of the Net Zero Centre and climate change and sustainability partner Emma Herd, "investors are grappling with how to balance the different facets of carbon ...

Exiting emissions-intensive assets may not reduce climate risk

ROSE MARY PETRASS  |  THURSDAY, 28 SEP 2023  |  NEWS
Divesting from emissions-intensive assets may maintain or even increase the systemic risks that climate change poses to overall financial returns of the institutional investors that part-own them. While companies and investors are turning to divestment ...

Record number of soil ACCUs issued for Queensland graziers

ROSE MARY PETRASS  |  WEDNESDAY, 27 SEP 2023  |  NEWS
... "Carly and Grant have not only removed a substantial amount of CO2 from the atmosphere, but their beef is carbon negative (climate positive) to the tune of 6.6t [tonnes] of CO2 buried for every tonne of livestock carried, after accounting for all emissions. ...

KPMG and Microsoft pair to upskill ESG

ROSE MARY PETRASS  |  WEDNESDAY, 27 SEP 2023  |  NEWS
... information and insight to inform their decision making and futureproofing. The combination of economic, geopolitical and climate crises is making planning for growth more challenging than ever before." He said that there is a lack of understanding of ...