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Showing 591 - 600 of 3119 results for "ACT"

KPMG prints first climate risk report

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
The major professional services business is the latest of the Big Four accounting firms to report on Task Force on Climate-related Financial Disclosures (TCFD). This comes as the federal government's legislation on mandatory climate reporting is ...

Litigation immunity sparks legal expert outcry

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
A pause on private litigation would undermine investors' ability to make sound choices on their holdings, according to a leading climate focused law firm speaking on a proposal currently before the Senate. The government plans to legislate a three-year ...

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
The once-largest fossil fuel lender has changed tack to become the first of the big banks to formally cut ties with coal, oil and gas without credible transition plans, ahead of schedule. Last year, Commonwealth Bank announced that from 2025 it would ...

BHP, Rio Tinto, Qantas back carbon credits fund

JAMIE WILLIAMSON  |  FRIDAY, 16 AUG 2024  |  NEWS
... zero Scope 1 and Scope 2 GHG emissions from our operations, and to meet compliance obligations under the Safeguard Mechanism Act." The Safeguard Mechanism applies to more than 200 of Australia's largest industrial facilities, including oil and gas ...

NorthStar Impact analyst joins TCorp

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
TCorp has hired a new senior analyst to join the stewardship team on climate risk. Joining from NorthStar Impact, Sophia Carson Edwards has seven years' experience in the investment management industry. Before NorthStar, she was a sustainability ...

Wollemi Capital appoints former state Treasurer

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024  |  NEWS
Wollemi Capital has appointed former NSW Treasurer Matt Kean as director, regulatory affairs and strategic partnerships. Wollemi said Kean - who was recently appointed chair of the Climate Change Authority - brings deep expertise in catalysing public ...

Catastrophe bill blows up to $90bn

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
Swiss Re says global insured losses from natural catastrophes hit $90.5 billion (US$60bn) in the first half of 2024, with severe thunderstorms accounting for two-thirds of that figure. Interestingly, the half was the second costliest on record for insured ...

Shareholders to say 'no' to gambling ads

MICHELLE BALTAZAR  |  TUESDAY, 13 AUG 2024  |  NEWS
... capita spend in the world, the Australian Institute of Health and Welfare found. "We've waited too long for governments to act, so now we're using shareholder power to take action," said Reverend Tim Costello, chief advocate of AGR and former ...

Podcast: A just transition for regional Australia with Amanda Cahill

THE GREENER WAY  |  TUESDAY, 13 AUG 2024  |  NEWS
No one should be left behind in the transition to a net zero economy - and behind the scenes, both private and public sectors are working hard to understand where funding needs to flow. But putting aside nice-to-haves, will achieving a just transition ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
The energy giant's US$2.35 billion ammonia buyout may placate many shareholders, but the high price paid has raised alarms given the yet-to-be-operational plant hinges on possibly impermanent carbon capture. Last week, Australian oil and gas company ...