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Showing 41 - 50 of 640 results for Rose Mary Petrass

Climate funds see first year of outflows

ROSE MARY PETRASS  |  FRIDAY, 24 JAN 2025  |  NEWS
Global climate funds suffered more withdrawals than deposits in 2024, with net outflows reaching US$24 billion, according to fresh data from Morningstar. In Europe, climate thematic funds experienced the largest outflows of any category during 2024. ...

Coalition's anti-ESG stance sparks investor backlash

ROSE MARY PETRASS  |  THURSDAY, 23 JAN 2025  |  NEWS
The Coalition's widely reported threats to force banks to downweigh ESG considerations could create significant implications for ethical investment managers and superannuation funds. The Coalition leader said he intends to stop banks from blocking or ...

Trump Paris exit "bad news" for rest of world

ROSE MARY PETRASS  |  THURSDAY, 23 JAN 2025  |  NEWS
US President Donald Trump's administration could put climate action on the backburner globally - but DEI in Australia is unlikely to falter. Trump signed more than 200 executive orders on his first day back in office and revoked 78 executive actions ...

Quinbrook closes $722m debt financing for batteries

ROSE MARY PETRASS  |  THURSDAY, 23 JAN 2025  |  NEWS
Specialist investment manager Quinbrook Infrastructure Partners has closed debt financing for what is believed to be the largest battery storage financing in Australia to date. Financing for the Supernode project in Queensland was provided by Bank of ...

More climate exits as Trump takes charge

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025  |  NEWS
Northern Trust and two other asset managers have left Climate Action 100+ (CA100+) as four banks exit the Net Zero Banking Alliance (NZBA). Northern Trust is the latest to depart both CA100+ and Net Zero Asset Managers initiative (NZAM); MFS Investment ...

Green budgets fatten amid global uncertainty

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025  |  NEWS
Although cautious about the broader global economy, Australian companies are confident about growth in 2025 and are pouring funds into decarbonisation - marking 2025 as an attractive entry point for green investors. The finding comes from a Capgemini ...

Scottish Widows mandates Robeco to build new ESG indices

ROSE MARY PETRASS  |  TUESDAY, 21 JAN 2025  |  NEWS
Robeco is partnering with the UK life insurance and pensions company to create custom equity indices for developed and emerging markets following responsible investment principles. The international asset manager and specialist in quant and sustainable ...

Green moves: Amundi, PRI, U Ethical, Barclays, HSBC

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025  |  NEWS
Amundi has announced Frank Tsui as head of responsible investment for Asia ex-Japan. In his prior role he was head of ESG investment and co‐head of client portfolio management at Value Partners. He will be based in Hong Kong and manage the development ...

Green aluminium gets $2bn boost

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025  |  NEWS
Canberra's $2 billion green aluminium investment will help fast-track the $5.1 billion industry to become a green export powerhouse. The Green Aluminium Production Credit incentivises aluminium smelters to transition to renewable energy by 2036. Aluminium ...

China plays long game on battery disruption

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025  |  NEWS
Reports from consultancy Rho Motion reveal that battery minerals supply is too high for EV demand - here's why analysts say that might not be such a bad thing. According to the International Energy Agency (IEA), lithium-iron-phosphate (LFP) batteries ...