Search Results

Showing 41 - 50 of 349 results for ince

Data centre operator refinances multi-billion-dollar sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
APAC and Japan data centre specialist AirTrunk has more than doubled the financing of an existing sustianbility linked loan, going from $2.1 billion to $4.6 billion. The transaction will refinance existing debt facilities and support the company's "rapid ...

$12tn Asian engagement program advocates climate-linked pay

ROSE MARY PETRASS  |  THURSDAY, 17 AUG 2023  |  NEWS
Prominent Asian utilities investors are actively engaging with companies to align executive remuneration with climate progress in their investment portfolios. Despite the welcome progress on climate, investors are calling for more accelerated climate ...

Climate resilience needed to dodge $442b VIC loss by 2100

ROSE MARY PETRASS  |  MONDAY, 31 JUL 2023  |  NEWS
Rising sea levels and storm surges could cause $442 billion in economic loss in Victoria by 2100, caused by the impacts of sea level rise and storm surge. A recent study, led by the University of Melbourne, the Victorian Marine and Coastal Council and ...

Voting on climate crucial during AGM season: Amundi

ROSE MARY PETRASS  |  TUESDAY, 25 JUL 2023  |  NEWS
ESG is emerging as a clear theme for shareholder proposals for AGMs in 2023, according to Europe's largest asset manager. Amundi said stewardship through engagement and voting is key to a responsible investment approach during an AGM voting season that ...

Schneider: Digitalisation key to dodging energy shocks

ROSE MARY PETRASS  |  THURSDAY, 20 JUL 2023  |  NEWS
Businesses are switching to renewable energy-based electrification to shield themselves from volatile energy prices, with positive implications for sustainability, according to a new survey from Schneider Electric. The company commissioned independent ...

Transition Pathway Initiative appoints new chairs as founder steps down

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
David Russell, former head of responsible investment for the Universities Superannuation Scheme (USS), the UK's largest pensions fund, has been named the new chair of the Transition Pathway Initiative (TPI) board. Jake Barnett, managing director ...

Seismic shift expected in global energy mix

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
Renewable energy is well on its way to become the "backbone" of the global economy, according to Hamish Chamberlayne, head of global sustainable equities at Janus Henderson Investors The sustainable investment expert says renewables offer favourable ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023  |  NEWS
KPMG has proposed superannuation reforms targeted at home carers and recipients of paid parental leave to help close the gender gap. The KPMG Towards Gender Equity in Retirement report recommended the government consider adding superannuation contributions ...

Renewables need to ramp up significantly: CER

ROSE MARY PETRASS  |  TUESDAY, 18 JUL 2023  |  NEWS
There are not enough registered renewable power producers on the market to meet demand for renewable energy certificates, according to the Clean Energy Regulator (CER). CER gave its update on the Renewable Energy Target (RET), a government scheme designed ...

Executive appointment roundup: State Street, ANZ

RACHEL ALEMBAKIS  |  THURSDAY, 13 JUL 2023  |  NEWS
This week, several institutions have added key new hires in their sustainability teams. Disability advocate heads up sustainability at State Street Neurodiversity and disability inclusion advocate Jessica Donohue was appointed State Street's head ...