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Showing 661 - 670 of 3562 results for "ALS"

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
Treasury's proposed three-year moratorium on private litigation related to Scope 3 reporting as part of its proposed mandatory climate-related financial disclosure package has raised fears that it would give companies the green light to greenwash. ...

Most inclusive Aussie orgs named

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
Fossil-free super fund Future Group, member-owned Great Southern Bank QIC and non-bank lender Brighten Home Loans are among 82 Australian organisations deemed most committed to diversity and inclusion. In partnership with non-profit cultural centre ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
The government has announced plans to create a labelling regime for sustainable investment products, including managed funds and super fund options as well as plans to have an unnamed government body maintain a forthcoming sustainable finance taxonomy ...

Morgan Stanley makes second climate private equity deal

ROSE MARY PETRASS  |  THURSDAY, 2 NOV 2023  |  NEWS
Morgan Stanley Investment Management's (MSIM) 1GT Climate Private Equity Strategy has announced a strategic partnership with Huel, a UK plant-based protein company. It is the second deal the climate-focused 1GT growth strategy has made so far, after ...

Brookfield ups the ante on Origin by $1.2bn

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
The Brookfield-led consortium has increased its bid for Origin Energy by $1.2 billion, a move that has been knocked back by its largest investor AustralianSuper. Brookfield, in conjunction with consortium partners GIC, Temasek and MidOcean, an LNG company ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Approximately $260 billion of all outstanding Australian bank loans, or 22% of bank lending, are highly exposed to nature-related risk. Ernst & Young Australia and the Australian Conservation Foundation released a report finding that banks that are ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Treasury has acknowledged that climate is a systemic risk for the Australian economy and creates uncertainty about the fiscal impacts of climate change on government bonds. The federal court has approved a settlement between the Commonwealth and Kathleen ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
Construction materials company Boral is in investors' spotlight after walking back its 2025 interim net zero commitment on the way to decarbonizing by 2050. Investors participating in the Climate Action 100+ engagement with Boral, a list participant ...

PRI to shake up reporting framework for signatories

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
The Principles for Responsible Investment (PRI) is set to revamp its reporting mechanisms for signatories as part of new framework to help investors better define their responsible investment progression. PRI has launched the co-design process for the ...

Role for finance after No vote

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
Despite being voted down by the Australian public, the First Nations Voice to Parliament saw support from the private sector which viewed the federal advisory body as the next step for reconciliation. As the dust settles, experts say finance has an ...