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Showing 51 - 60 of 202 results for "he Investor Group on Climate Change"

Allspring defends exit from climate group

ROSE MARY PETRASS  |  TUESDAY, 2 JUL 2024  |  NEWS
The global asset manager commented on its departure of the Climate Action 100+ (CA100+), stating it will not abandon climate goals. Allspring said it exited CA100+ so it could take a more customised approach. The Investor Group on Climate Change (IGCC) ...

Investors exit climate group amid politicisation

ROSE MARY PETRASS  |  MONDAY, 1 JUL 2024  |  NEWS
Climate Action 100+ (CA100+) has lost two more asset managers; Allspring and AllianceBernstein decided to leave in May. The high-profile withdrawals have been pinned to heavy politicisation of ESG. This follows the departure of J.P. Morgan, Invesco ...

Sustainable Finance Roadmap to turbocharge investment

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
Investor groups welcome the Australian Government's plan to mobilise private capital to the net zero transition, modernise financial markets and maximise the economic opportunity of sustainability. The Sustainable Finance Roadmap aims to supercharge ...

One in three analyse physical climate risk: IGCC

ROSE MARY PETRASS  |  THURSDAY, 30 MAY 2024  |  NEWS
Aussie investors ramp up climate action but need to focus on physical climate risks and near-term emissions reduction targets. The Investor Group on Climate Change (IGCC) has put out it's State of Net Zero Investment Report for 2024, with data as of ...

Investors back climate disclosure mandate

ROSE MARY PETRASS  |  WEDNESDAY, 24 APR 2024  |  NEWS
A group of Australia's most influential finance groups overseeing $80 trillion have joined up in support for Canberra's proposed law to mandate climate disclosures. The Treasury Law Amendment (Financial Market Infrastructure and Other Measures) Bill ...

Canberra's new plan a winner for investors

ROSE MARY PETRASS  |  MONDAY, 15 APR 2024  |  NEWS
Albanese's Future Made in Australia Act is a much-needed signal to promote competition, resiliency, productivity, and attract capital, investors say. The new on-shore manufacturing laws give the green light for superannuation funds and other institutional ...

MLC Life hires from U Ethical

ELIZABETH FRY  |  THURSDAY, 4 APR 2024  |  NEWS
A former U Ethical Investors' ethics and impact manager has landed at MLC Life Insurance as a sustainability manager. In the new role, Desiree Lucchese will help advance, refine, and implement the insurer's broad sustainability strategy and ...

Global managers drop out, scale back on Climate Action 100+

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
The three global giant fund managers that are leaving or changing up their relationship with Climate Action 100+ were not lead investors on any Australian-based engagements, local organisers have confirmed. Last week, J.P. Morgan Asset Management and ...

Climate-committed investor group grows to $35tr AUM

ROSE MARY PETRASS  |  THURSDAY, 15 FEB 2024  |  NEWS
Investor support for climate action is on the rise, with the Investor Group on Climate Change (IGCC) reporting a global membership increase representing more than 14.8 million beneficiaries, up from eight million four years ago. The group, which brings ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
Investors and regulators could be liable for trillions of dollars in potential damages from climate lawsuits - but are failing to take this threat into account when evaluating risks to their investments. Investors are focusing on physical and transition ...