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Showing 41 - 50 of 431 results for "coal"

Australia the guinea pig for PRI sovereign engagement pilot

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
A global coalition of institutional investors with $12.2 trillion in assets under management has announced the expansion of its Collaborative Sovereign Engagement on Climate Change pilot program in Australia, welcoming 18 new organisations to the initiative. ...

Regional renewable investments ramp up

ROSE MARY PETRASS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
... month, urging a faster transition to renewable energy. Citing a loss of reliable energy over the next decade due to projected coal plant closures, planned clean energy projects need to be fast-tracked to maintain the reliability of Australia's energy ...

$12tn Asian engagement program advocates climate-linked pay

ROSE MARY PETRASS  |  THURSDAY, 17 AUG 2023  |  NEWS
... climate action and more detailed transition plans. The Asia Investor Group on Climate Change (AIGCC) has made progress towards coal phase out and renewable energy commitments through collaborative engagement with Asian energy companies for two years ...

Climate: debt rise, credit falls for 59 nations as early as 2030

ROSE MARY PETRASS  |  FRIDAY, 11 AUG 2023  |  NEWS
... under RCP 8.5 - an aggressive, worst-case climate change scenario. Under this scenario, current policies would continue, coal output would remain high, and total cumulative emissions would be factored in. This model has received criticism for possible ...

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
... Holdings Limited; Tobacco : Amcor PLC; Russian entities : Gazprom PJSC and Rosneft Oil Company; Oil Tar Sands : ConocoPhillips; Coal Mining : Coronado Global Resources Inc., New Hope Corporation Limited and Whitehaven Coal Limited. "ASIC also alleges ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... quarter of 2023. By comparison, Australia's energy mix was made up predominantly of fossil fuels at 71% of in 2021, including coal (51%), gas (18%) and oil (2%). This is not BlackRock's first investment in New Zealand's renewable sector. Last year, BlackRock ...

Climate disclosure lawsuit against Commonwealth settled

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
A landmark class action lawsuit against the Commonwealth of Australia alleging the government does not properly disclose climate change risk in government bonds has been settled. The case was filed in 2020 by Kathleen (Katta) O'Donnell, who is represented ...

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

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
... impacts of that. "You could theoretically see climate tipping points that have no effect on transition risk," he explained. "A coal power station might have low exposure to transition perspective, but high physical risk." He said physical and transition ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... to meet climate targets. Only ten of the 77 - all European - have committed to restrict investment in fossil fuels such as coal, fracking, and Arctic oil and gas. It found only a quarter have commitments on deforestation, and none have commitments to ...

Climate transition a factor in sovereign debt pricing: Ardea

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... positive association, while renewable energy has a negative association with yields and spreads. In Australia, Ryan said that coal has boosted our economy historically leading to the country being disincentivised from moving away from coal. But this ...