Search Results

Showing 571 - 580 of 1496 results for "transition"

CBA launches green business loan

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... finance that directly supports implementation," Cairns said. "We have an important role to play in financing the nation's transition and we are committed to supporting businesses to finance initiatives and assets that will help drive a more sustainable ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... AustralianSuper told FS Sustainability the fund engaged with Woodside on "its approach to climate change and its strategy to transition to a net zero economy". But ultimately, the firm says investment decisions should be made through the lens of ensuring ...

Members shouldn't carry energy and housing

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
... superannuation. "There's no doubt that super funds will play a substantial part in providing capital for the energy transition, but the government also has a role," Schroder explained. There are 3.4 million members of AustralianSuper with an average ...

More calls for adaptation

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
Adaptation should be rolled out alongside emissions mitigation, says assistant minister for climate change and energy Jenny McAllister. It is estimated that climate change will cost US$1.7-3.1 trillion a year through to 2050 globally. For example, the ...

New Forests appoints first global head of funds

ANDREW MCKEAN  |  WEDNESDAY, 13 MAR 2024  |  NEWS
... ensuring we're remaining focused on our vision of seeing investment in land use and forestry as central to the transition to a sustainable future," Rogers said. The appointments follow Sarah Campbell joining New Forests in October 2023 after the ...

Canberra funds $111m EV transition

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
... road over the next 2-3 years. Increased EV uptake will lower cost and reduce barriers to entry for EV ownership, in a transition estimated at $110.6 million. Under the scheme, the government's "green bank" CEFC will enable Anglo Auto will finance short-term ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... The network has now launched phase two of its engagement plan to push companies to address climate risk and implement transition plans. Following this, 60 new signatories with approximately US$3 trillion in AUM have joined globally. Australia's Investor ...

Directors sweat on climate: AICD

ROSE MARY PETRASS  |  TUESDAY, 5 MAR 2024  |  NEWS
Aussie directors are feeling the heat on climate risk and regulatory pressure, while preparation for mandatory climate reporting is a mixed bag. The majority (80%) of Australian directors are concerned about climate-related risks. Of those who reported ...

Upward trends continue despite ESG backlash

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... with several regulators in Asia signalling support. Singapore has launched Asia's world's first multi-sector transition taxonomy to clarify green, transition and ineligible activities and steer capital towards sustainability solutions.

Defunct fund pays greenwashing fine

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 FEB 2024  |  NEWS
... world's leading wind turbine suppliers, and a key player in developing the necessary technologies to support the global transition to renewable energies (being clearly consistent with the climate-focussed objectives of the fund) and has an ambition to ...