Search Results

Showing 661 - 670 of 2725 results for "PRI"

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
A London-based think tank has found the world's largest asset managers may fail to meet their own 2050 net zero commitments, with support for climate-ambitious resolutions dropping considerably in 2022. InfluenceMap scored the world's 45 largest asset ...

IFM Investors certified by Climate Active

RACHEL ALEMBAKIS  |  TUESDAY, 1 AUG 2023  |  NEWS
IFM Investors has been certified by Climate Active as it seeks to deliver on its corporate net zero commitments. Climate Active is an Australian Government program that partners with Australian businesses to drive voluntary climate action and strengthen ...

Climate transition a factor in sovereign debt pricing: Ardea

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
Governments that manage climate change transition poorly may encounter difficulty finding investors to buy their sovereign debt. New research finds carbon dioxide emissions, natural resources rents, and renewable energy adoption statistically impact ...

Executive appointment roundup: Corporate Citizenship to DBS, UNHCR to TBI

ROSE MARY PETRASS  |  MONDAY, 31 JUL 2023  |  NEWS
Sustainability consultant Thomas Milburn has left his role at a global business consultancy after 10 years to join Southeast Asia's largest finance group. Milburn joins Singapore bank DBS (previously Development Bank of Singapore Limited) as senior ...

T. Rowe Price creates specialist APAC ESG role

CHLOE WALKER  |  FRIDAY, 28 JUL 2023  |  NEWS
T. Rowe Price has appointed Caroline Ramscar to the newly created role of ESG investment specialist, APAC. Ramscar brings over 20 years of experience in financial services, having spent a decade at Legal & General Investment Management in London, including ...

NGS tracking ahead on 2030 net zero pledge

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
NGS Super is making faster-than-expected progress towards its goal of achieving a carbon neutral portfolio by 2030. Measurement of carbon intensity in the NGS Diversified MySuper portfolio fell by nearly 20% between 30 June 2021 and 30 June 2022, around ...

Challenging market weakens ESG-focused fund flows

ROSE MARY PETRASS  |  THURSDAY, 27 JUL 2023  |  NEWS
Australian and New Zealand sustainable funds saw record outflows of US$1.7 billion against a backdrop of global outflows. Inflation, interest rates and recession fears are weakening flows into global sustainable funds overall- which attracted $US18 ...

Tasmanian cattle producer new chair of Farmers for Climate Action

ROSE MARY PETRASS  |  MONDAY, 24 JUL 2023  |  NEWS
Tasmanian cattle producer Brett Hall has been named new chair of Farmers for Climate Action (FCA) following the resignation of Charlie Prell. Hall, a long-time board member, will play a key role in selecting the new CEO at the non-profit which represents ...

APRA strengthens super fund ESG responsibilities

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
... stewardship and important role stewardship in the prudent management of assets. The Principles for Responsible Investment (PRI) also welcomed APRA's updated guidance. "PRI welcomes today's update to SPG530, which among other things confirms expectations ...

University secures $450 million sustainability-linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
Macquarie University has inked a $450 million sustainability linked loan (SLL) as part of a refinancing deal that will see interest rate savings invested in scholarships for disadvantaged students. Macquarie has refinanced its bank facilities and worked ...