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Showing 41 - 50 of 137 results for "Meta"

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
Mining giant Rio Tinto's political lobbying activities are a greenwashing risk, a breach of public trust, and a form of investor deception, according to ACCR. This week, a prominent shareholder advocacy group announced it cut ties after a year-long ...

Demand up for green steel

ROSE MARY PETRASS  |  FRIDAY, 19 JUL 2024  |  NEWS
Investors are looking to move fast on steel decarbonisation, and are seeking more supportive market conditions to support this. More than half (59%) believe effective climate policies are crucial to boost sustainable steel production and that it will ...

Microsoft makes largest ever offset purchase

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
... 2030. A series of tech firms have now placed their trust in controversial DAC and DAC credits. Recently, Alphabet, Stripe, Meta, Shopify, JP Morgan Chase and other entities signed on to a $40 million agreement with startup 280 Earth to develop novel ...

LGIM, Generation, MUFG to report on nature

ROSE MARY PETRASS  |  MONDAY, 1 JUL 2024  |  NEWS
The Taskforce on Nature-related Financial Disclosures (TNFD) has seen 96 publicly listed entities sign up, representing over US$6 trillion in market capitalisation. This is a 30% increase in adopters of nature-related corporate reporting recommendations ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024  |  NEWS
Vision Super has found itself in hot water after analysis revealed it has purchased $2.2 million worth of Whitehaven Coal stocks after walking back its fossil fuel exclusion policy last year. The super fund changed its environmental, social and governance ...

Climate philanthropists lend muscle to green metal

MICHELLE BALTAZAR  |  THURSDAY, 20 JUN 2024  |  NEWS
Climate philanthropists can maximise the impact of their donations by focusing their funding on decarbonising heavy industry exports, a study found. A report titled High-Impact Climate Giving in Australia by Giving Green, found that investors and philanthropists ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024  |  NEWS
Treasurer Jim Chalmers said at the Morgan Stanley Australia Summit in Sydney yesterday that a key goal of the Budget was to fight inflation in a way that doesn't damage an already weak economy. "... the primary focus of the Budget was to tackle ...

Sustainable Finance Taxonomy open for consultation

ROSE MARY PETRASS  |  TUESDAY, 28 MAY 2024  |  NEWS
The Australian Sustainable Finance Institute (ASFI) today released its first consultation on sustainable finance taxonomy, a set of definitions that make it easier for financiers to fund sustainable assets and activities. ASFI is consulting on the draft ...

ESG fund performance leans on growth

ROSE MARY PETRASS  |  MONDAY, 20 MAY 2024  |  NEWS
... of global stocks in 2023 can largely be attributed to growth at Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla. Some of these stocks should not be considered suitable for sustainable funds, Rowe said. Additionally ...

Decarbonising aluminium key priority for Capral

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
Decarbonising aluminium's supply chain is a key business and industry aim for aluminium extruder and distributor Capral. Capral is Australia's largest aluminium extrusion business with 65,000 tonnes capacity, six manufacturing bases in Australia and ...