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Showing 651 - 660 of 2763 results for "ACT"

China opposes UN calls for net zero shipping by 2050

ROSE MARY PETRASS  |  THURSDAY, 6 JUL 2023  |  NEWS
The United Nations have called for a global shipping pact of net zero lifecycle emissions by 2050. UN Secretary-General Antonio Guterres made the call at the International Maritime Organization (IMO) meeting of the Marine Environment Protection Committee ...

Infrastructure funds challenge private equity in ESG race

ROSE MARY PETRASS  |  WEDNESDAY, 5 JUL 2023  |  NEWS
... accounted for over 50% of aggregate capital raised, the data found. Preqin said this is due to the US Inflation Reduction Act, which is driving capital towards renewables manufacturing. The act "is expected to release around $3 trillion in green capex ...

Stewardship part of fiduciary role and investment opportunity: BNP Paribas AM

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 JUL 2023  |  NEWS
BNP Paribas Asset Management's (BNPP AM) stewardship activities in Asia Pacific focus on the global aims of energy transition, environmental sustainability and equality and inclusive growth, according to the head of stewardship, Asia Pacific. Jane ...

World first $1.6bn Climate Bonds green loan: QIC and Vector

ROSE MARY PETRASS  |  TUESDAY, 4 JUL 2023  |  NEWS
QIC Infrastructure and Vector Ltd have closed a A$1.6bn green loan for the largest smart metering provider in Australia and New Zealand, Vector Metering. The loan comprises green term loans to fund QIC's 50% interest in Vector Metering in addition to ...

Cleaning up diversity-washing boosts business performance

ROSE MARY PETRASS  |  MONDAY, 3 JUL 2023  |  NEWS
... accountable and compliant with gender pay gap reporting and other diversity considerations under the Workplace Gender Equality Act 2012. The software measures and tracks DEI position, including the gender pay gap, through scoring and evidence-based assessments ...

Singapore to scale climate data with CDSC NZDPU partnership

ROSE MARY PETRASS  |  MONDAY, 3 JUL 2023  |  NEWS
The Climate Data Steering Committee (CDSC), Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX Group) have signed a Memorandum of Understanding to collaborate on access to climate-related data. The collaboration will join MAS and SGX ...

Snapshot: The rapid evolution of sustainable investing in Asia

ROSE MARY PETRASS  |  MONDAY, 3 JUL 2023  |  NEWS
Asia is in the midst of a rapid evolution in investment trends as governments, regulators and investors crack down on climate and corporate governance, according to global sustainable investment heads. There are opportunities for investors in the region ...

Nature Market Repair Bill: why some farmers oppose biodiversity offsets

ROSE MARY PETRASS  |  MONDAY, 3 JUL 2023  |  NEWS
... for broader environmental law reform including adding a "climate trigger" to the Environmental Conservation and Biodiversity Act which would mean new projects must be assessed for their climate impact. Farmers for Climate Action chief executive Fiona ...

New Forests adds California forestry assets

RACHEL ALEMBAKIS  |  MONDAY, 3 JUL 2023  |  NEWS
Global nature-based real assets manager New Forests has bought a 7,600 hectare timber asset in the Mount Shasta region of California. It is the first asset acquired by New Forests' Forest Climate Solutions Fund (FCS) which focuses on combining returns ...

BlackRock raises $500m for Super Battery

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023  |  NEWS
... Waratah Super Battery (WSB), believed to be one the largest committed battery energy storage systems globally, was designed to act as a 'shock absorber' for sudden power surges, including those caused by bushfires or lightning strikes. BlackRock ...