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Showing 601 - 610 of 2283 results for "impact"

ESG goes mainstream: How the role has changed and what lies ahead

ROSE MARY PETRASS  |  TUESDAY, 4 APR 2023  |  NEWS
ESG practitioners are playing an increasingly crucial role in driving positive social and environmental impact while also ensuring long-term financial returns for businesses and investors. The role of the ESG practitioner has evolved significantly over ...

Four in five companies prefer penalties to sustainability, study finds

ROSE MARY PETRASS  |  MONDAY, 3 APR 2023  |  NEWS
... Further, the study revealed that most companies prioritise commercial objectives over sustainability, highlighting the impact of ongoing economic uncertainty on business agendas. The annual CEO report from enterprise software company Software AG surveyed ...

CEFC doubles investment in Artesian bond fund

RACHEL ALEMBAKIS  |  FRIDAY, 31 MAR 2023  |  NEWS
... increased its allocation from $25 million to $50 million. As part of the investment, Artesian is developing a new investor impact tool to provide investors with "their own periodic impact report, so they can track the progress of emissions reduction ...

Investors flag decarbonisation, real world impacts as priorities

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
Australian and New Zealand institutional investors are concerned about real world investment impacts, active stewardship and how to decarbonize their portfolios, according to Northern Trust Asset Management's global head of sustainability and stewardship. ...

Australia "on notice" as final TNFD draft framework released

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
The Taskforce on Nature-related Financial Disclosures (TNFD) has released the final draft framework, Version 0.4, which will help companies navigate their nature-related risk. The new TNFD draft framework is the fourth and final draft of all core elements ...

Insured losses from natural catastrophes $150 billion in 2022

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
Natural disasters resulted in global economic losses of $410 billion (US$275b) in 2022, a new report has found, with just $150 billion (US$125b) covered by insurance. The report from Swiss reinsurance company Swiss Re revealed that record-breaking damage ...

AGL saved from HESTA divestment

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
HESTA, the Australian industry superannuation fund for workers in health and community service sectors, has removed AGL from its list of companies marked for divestment. This comes as Damien Nicks was appointed CEO of AGL in January. The energy company ...

Brookfield consortium to buy Origin Energy for $18.7bn

RACHEL ALEMBAKIS  |  TUESDAY, 28 MAR 2023  |  NEWS
... transition while ensuring network security and reliability." A key selling point to the Brookfield/MidOcean bid was the impact it would have in decarbonising Origin assets as well as supporting the energy transition more probadly. Brookfield said it ...

Time is running out: latest IPCC report says 1.5°C is "likely"

ROSE MARY PETRASS  |  TUESDAY, 28 MAR 2023  |  NEWS
The Australia Pacific region is particularly vulnerable to climate change impacts, with the Intergovernmental Panel on Climate Change (IPCC) giving a stark warning that the world must act now to limit the worst effects. The IPCC has released its AR6 ...

Bank Australia sets interim 2030 net zero target

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2023  |  NEWS
... estate and corporate loans. "As a financial institution, we need to include financed emissions," said Bank Australia chief impact officer Sasha Courville. "It's not enough to set a target based on operational emissions. Our operational emissions make ...