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Showing 591 - 600 of 2126 results for "Energy"

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
Board directors of energy companies continue to be elected with over 95% shareholder support, even when those companies perform poorly against investor expectations. More than six years after the launch of the Climate Action 100+ (CA100+) Net Zero Company ...

Rest teams up with Fidelity to launch new fund

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024  |  NEWS
... be operated at net-zero carbon. Through the installation of solar panels, they will also be able to generate renewable energy. Rest chief investment officer Andrew Lill said LOGICs stood out due to how it invests and said it was a great opportunity to ...

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
Almost half (42%) of energy companies on Citi bank's loan book do not have climate transition plans. The US bank's recently released climate report ranked energy companies from "low" to "strong" based on emissions reduction plans. It found current transition ...

Philanthropic donations under scrutiny

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
... political versus philanthropic activities. While some of the companies that donated prohibit political donations, Woodside Energy told FS Sustainability that its Voice donation was political. ANZ, Commonwealth Bank, Westpac and Woodside are among the ...

Flawed carbon credits add to business risk

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
... the Safeguard Mechanism. They could face financial penalties of $250 per tonne of CO2-e. AGL, EnergyAustralia, and Origin Energy - Australia's top three emitters - reported Scope 1 emissions of a respective 42.2 million, 17.9 million, and 16 million ...

Canberra acts on billion-dollar net zero plan

ROSE MARY PETRASS  |  WEDNESDAY, 3 APR 2024  |  NEWS
... industries get new employment and training - and workers impacted by select coal and gas power station closures also get an Energy Industry Jobs Plan. Investors welcome to move, warning a vacuum of authority causes project delays. Australian Council ...

Shared Value founder heads up regional alliance

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... the interim, including as head of responsible investment at Mutual Trust, and advising the Department of Climate Change, Energy, the Environment and Water (then Department of Environment, Land, Water and Planning) regarding funding models for Traditional ...

Directors welcome new climate reporting regime

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... support Australia's reputation as an attractive destination for international capital and incentivise investment in the energy transformation. The Australian Institute of Company Directors (AICD) welcomed the development. Managing director and CEO ...

Larry Fink letter urges pragmatism

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
... waxed poetic on the old age question, fear, and the savings strategy of stuffing money under mattresses. He also said the energy transition is not a straight line and requires "pragmatism". This means Larry Fink believes that not only can energy security ...

Key sector could boost economy by $100 billion

ROSE MARY PETRASS  |  FRIDAY, 22 MAR 2024  |  NEWS
... as green bonds can be used to allocate funding towards research and development initiatives in areas such as renewable energy and green hydrogen. Blended finance and public-private partnerships can also be used to boost innovation. STA says the finance ...