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Showing 731 - 740 of 2501 results for "Clima"

Shell shareholders worth €4tr to vote for Paris

ROSE MARY PETRASS  |  MONDAY, 22 JAN 2024  |  NEWS
A record number of 27 institutional investors with €4 trillion euro in assets under management have co-filed a resolution to urge Shell Paris-aligned emissions targets. The investors, which include one of the biggest investment managers in the world ...

NSW can achieve electricity reliability without coal

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
There is no need to use taxpayer fund to keep Australia's biggest coal power plant open beyond its planned closure date in 2025 as the state of NSW has made "massive progress" on new renewable energy and battery capacity, according to think tank Climate ...

WEF to unlock US$2.8 tr clean energy investment in global majority nations

ROSE MARY PETRASS  |  MONDAY, 22 JAN 2024  |  NEWS
The World Economic Forum (WEF) has announced a new initiative to assist global majority nations accelerate clean energy investment solutions. The Network to Mobilize Clean Energy Investment for the Global South was founded in Davos this week to help ...

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
For the first time in its quarterly earnings report, BlackRock identified stakeholder pressure on ESG and AI as risk factors that may influence returns. In its earnings release published on Friday, the firm warned that "increasing focus from stakeholders ...

$200m social housing catalyst for clean energy sector

ROSE MARY PETRASS  |  WEDNESDAY, 17 JAN 2024  |  NEWS
The Australian federal and NSW state government have announced a partnership of $200 million in funding for clean energy upgrades on social housing and low-income rentals. The funding will go towards upgrading housing stock in the parts of New South ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
BNP Paribas Asset Management has updated its Global Sustainability Strategy with a focus on ESG integration and stewardship. It comes as a response to new regulations as well as evolving consumer and investor expectations. As of September 2023, its ...

VC initiative to catalyse AgTech for climate solutions

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
The federal government is backing a commericalisation initiative that will identify and fund projects to enhance drought resilience in Australian agriculture. Beanstalk AgTech has received a $10 million grant to develop the Drought Venture Studio, which ...

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 ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
Super funds with more than $5 billion in assets under management will have to report on the financial impacts of climate change from 1 July 2026, according to mandatory climate risk reporting legislation proposed by government. Treasury released the ...

Paris overshoot: are investors prepared?

ROSE MARY PETRASS  |  FRIDAY, 12 JAN 2024  |  NEWS
In the face of projections that 2024 is set to surpass the 1.5°C Paris Agreement threshold, experts are concerned that investors are unprepared for the escalating risks associated with climate change. Investors navigate these risks by employing models ...