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Showing 51 - 60 of 169 results for "decarbonise"

Asset managers fast track portfolio targets

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... according to a group of 325 investors with over US$57.5 trillion AUM. The group - Net Zero Asset Managers (NZAM) - aims to decarbonise portfolios by 2050 or sooner, to curb warming to 1.5°C in line with the Paris Agreement, an international treaty. ...

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
... US$103.549 billion and an annual revenue of US$54 bn. It has made significant renewables investments and committed to decarbonise 50% by 2030. The Australasian Centre for Corporate Responsibility (ACCR), which owns a small stake in Rio Tinto, worked ...

Demand up for green steel

ROSE MARY PETRASS  |  FRIDAY, 19 JUL 2024  |  NEWS
... countries with less access to renewables, investors are signaling an appetite for the bold step-changes needed to decarbonise the steel value chain and secure long-term value for portfolios."

Tech giant hits environment target

ROSE MARY PETRASS  |  THURSDAY, 11 JUL 2024  |  NEWS
... solar installations, and four utility-scale projects across Queensland, New South Wales, and Victoria. "Our work to decarbonise our operations will not always be the same each year-we'll continue to make progress, while also constantly evolving on our ...

Investible, top VCs back Fugu Carbon

ROSE MARY PETRASS  |  TUESDAY, 9 JUL 2024  |  NEWS
... 2032. Fugu co-founder Luke Marshall said the company fulfils demand from industries that may never be able to fully decarbonise. "We must provide a green low-cost solution for them. Many companies are trying to do this now, but their technology is often ...

Climate philanthropists lend muscle to green metal

MICHELLE BALTAZAR  |  THURSDAY, 20 JUN 2024  |  NEWS
Climate philanthropists can maximise the impact of their donations by focusing their funding on decarbonising heavy industry exports, a study found. A report titled High-Impact Climate Giving in Australia by Giving Green, found that investors and philanthropists ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
Climate Energy Finance (CEF) says buildings are the "low-hanging fruit" that make up the lion's share of the big four banks' sustainable finance target (SFT) of $385 billion by 2030 - while just 7% flows to financing clean energy and hard-to-abate sectors. ...

Competition watchdog exec first boss at think tank

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
Launched last year by economist Ross Garnaut, chaired by former ACCC chair Rod Sims, the Superpower Institute (TSI) has appointed ex-ACCC economics lead Baethan Mullen as its inaugural CEO. With more than 20 years' experience in public policy, competition ...

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
... collaborative investor group that engages with 171 focus companies - the largest emitters in the world - on their plans to decarbonise in line with the Paris Agreement. Since CA100+ launched, there has been no change in votes on directors Market Forces ...

Larry Fink letter urges pragmatism

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
The BlackRock CEO's annual letter waxed poetic on the old age question, fear, and the savings strategy of stuffing money under mattresses. He also said the energy transition is not a straight line and requires "pragmatism". This means Larry Fink believes ...