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Showing 661 - 670 of 1152 results for "transition"

CBA announces $250 in green financing deals

RACHEL ALEMBAKIS  |  THURSDAY, 16 DEC 2021  |  NEWS
... executive Sean Kidney. "It opens another positive pathway for increasing capital flows into low carbon activities and transition solutions in the real economy." Grosser noted that CBA has an overall target of issuing $70 billion in sustainability and ...

Vestas Wind Systems call for federal support for energy grid transition

RACHEL ALEMBAKIS  |  TUESDAY, 14 DEC 2021  |  NEWS
The federal government needs to invest in the national energy grid to support the transition to renewable energy, according to the head of Vestas Wind Systems Australia and New Zealand. "Though we've had great success in keeping up the rollout of ...

Strong return for ESG funds, but oil ETF shines

RACHEL ALEMBAKIS  |  THURSDAY, 9 DEC 2021  |  NEWS
... resources, we've seen enormous public investment in fossil fuels such as the gas-led recovery," Fradley said. "The transition from coal doesn't mean we're transitioning away from fossil fuels." However, Fradley said that short term returns ...

Bringing a human rights lens to climate risk considerations

RACHEL ALEMBAKIS  |  THURSDAY, 9 DEC 2021  |  NEWS
... a way that investors can integrate human rights into their existing frameworks," Parker said. The concept of a just transition as part of the global push to decarbonise was part of COP26, and it is part of the consideration of human rights in climate ...

COP26 outcomes means increased focus on physical risk: PGIM

RACHEL ALEMBAKIS  |  THURSDAY, 9 DEC 2021  |  NEWS
... finance has a role to play in enabling government policy by avoiding situations where failure to properly consider transition risks leads to abrupt defaults that cause systemic risk. Ploeg said that the pledges to decarbonise made by governments, businesses ...

FSI unlocks green finance for unlisted infrastructure fund

RACHEL ALEMBAKIS  |  MONDAY, 6 DEC 2021  |  NEWS
... traditional investments, while the green tranche will activate exclusively to fund projects and assets necessary for the transition to a low carbon and climate resilient economy. The facility provides bridge funding, pending drawdown from the fund's ...

APRA releases guidance on climate change risk

RACHEL ALEMBAKIS  |  THURSDAY, 2 DEC 2021  |  NEWS
... and reporting relevant information to board and senior management, and considering external market disclosures. The transition to a lower-emissions economy created financial risks that businesses needed to be prepared for, said APRA chair Wayne Byres. ...

Beyond the spin - what did COP26 actually deliver?

SIMON O'CONNOR  |  FRIDAY, 26 NOV 2021  |  NEWS
... essential to combatting climate change, from stopping deforestation, cutting methane emissions, and committing to a transition that is fair and supports workers. Particularly momentous was the strongest commitment yet to end the extraction and burning ...

Willis Towers Watson names head of sustainable investment

RACHEL ALEMBAKIS  |  THURSDAY, 25 NOV 2021  |  NEWS
... climate change and to support them in developing policies that manage these risks and align their portfolios with the transition to a net zero world," Unger said. "We want our actions and advice to result in significant reductions in carbon emissions ...

Top 100 asset owners "hold keys" to net zero: Willis Towers Watson

RACHEL ALEMBAKIS  |  THURSDAY, 25 NOV 2021  |  NEWS
... and obvious point is that there is a significant amount of capital that could be unlocked/allocated more towards this transition and I think that will happen because more asset owners will commit to this net zero target." Unger noted that it is increasingly ...