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Showing 41 - 50 of 1848 results for "climate"

Directors welcome new climate reporting regime

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... an additional six months to get their books in order as Canberra pushes back the date for reporting under its mandatory climate disclosure regime. The bill establishes a framework to protect financial market infrastructure during crises and includes ...

Historic data stymies climate risk pricing

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
Institutional investors warn that the current methodologies for pricing climate change risk are inadequate and often lead to unintended outcomes and risk-and-return trade-offs, the head of responsible investing research at a specialist global asset ...

Larry Fink letter urges pragmatism

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
... activists on the far left and right who say that countries have to choose between renewables and oil and gas. "Even the most climate conscious among them saw that their long-term path to decarbonisation will include hydrocarbons. "During those windless ...

Nature taskforce announces leadership overhaul

ROSE MARY PETRASS  |  MONDAY, 25 MAR 2024  |  NEWS
... advisor and vice chair of the Glasgow Financial Alliance for Net Zero (GFANZ) and a founding member of the Task Force on Climate-related Financial Disclosures (TCFD) and the Sustainable Business and Finance Group at Bloomberg LP. Other appointments are ...

Fund managers "eagerly" await green Treasury bond

ROSE MARY PETRASS  |  MONDAY, 25 MAR 2024  |  NEWS
... offering. Eligibility criteria for financing includes strong alignment with the Australian government's three key green goals: climate change mitigation, climate change adaptation, and improved environmental outcomes. Betashares responsible investments ...

Deutsche Bank links 33% of long-term bonuses to non-financial targets

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... amount of sustainable financing and ESG investments, the reduction of electricity consumption in the bank's buildings, climate risk management, improvements in gender diversity, and governance factors including control risk management, anti-money laundering ...

Members beef up ESG checks

ROSE MARY PETRASS  |  TUESDAY, 19 MAR 2024  |  NEWS
... controversies and headlines made them consider whether their investments are contributing to human rights abuses (48%) or climate change (48%). On the environment front, net zero looms large: 76% want their banks and funds to make formal commitments ...

Super battle on impact investing and returns

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... December 2022. Additionally, more than a third of Aussies would sacrifice super returns if it means supporting greater climate action, according to a poll by the AFR. However, at the recent Australian Council of Superannuation Investors (ACSI) conference ...

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... or later, up from just over half a year ago. Despite this, most companies are sustaining or ramping up investments in climate transition-oriented growth businesses. But executives are more worried than ever about generating returns to scale up transition-related ...

CBA launches green business loan

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... new financing option for enterprises to fund sustainability projects like renewable energy, energy-efficient upgrades, climate resilience, and nature protection. The Business Green Loan supports organisations seeking to bolster environmental conservation ...