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AI trumps climate as chief risk factor: economists

ROSE MARY PETRASS  |  WEDNESDAY, 21 FEB 2024  |  NEWS
... said. Brian Parker, chief economist at Australian Retirement Trust, also speaking at the event, said his "hopes are not very high" on geopolitical risk. AI has huge implications for the economy and could worsen inequality. As many as 300 million full-time ...

FS Sustainability opens final voting round for ESG Power50

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
The countdown is on to name the 50 most influential ESG professionals working at ASX-listed companies in Australia as the final voting round of the 2024 ESG Power50 is now live. Readers of FS Sustainability along with FS Super - The Journal of Superannuation ...

China stock exchange rings in Year of the Dragon with ESG mandate

ROSE MARY PETRASS  |  FRIDAY, 16 FEB 2024  |  NEWS
... companies' sustainable development, guiding listed companies to practice the concept of sustainability, and promoting the high-quality development of listed companies," BSE said in a background statement to the guidelines. Guidelines on sustainability ...

UniSuper makes property allocation

RACHEL ALEMBAKIS  |  THURSDAY, 15 FEB 2024  |  NEWS
... acquisitions," said UniSuper senior manager property Nick Stephens. "The transaction highlights UniSuper's ability to secure high quality property investments that help our members grow their retirement savings." As part of the acquisition and development ...

Queensland to boost clean economy

ROSE MARY PETRASS  |  THURSDAY, 15 FEB 2024  |  NEWS
The Sunshine State has introduced a new law to reduce greenhouse gas emissions, roll-out renewable energy and cut pollution. Premier Steven Miles introduced the Clean Economy Jobs Bill 2024 with a target of 75% below 2005 levels by 2035. The state's ...

Dramatic spike in votes against ASX remuneration: Georgeson

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024  |  NEWS
ASX300 companies saw almost double the number of shareholder votes against executive remuneration reports in 2023 compared to 2022, according to shareholder engagement and governance consulting firm Georgeson. There were 40 strikes against executive ...

ESG skills in hot demand in risk, compliance hiring

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024  |  NEWS
... candidates with in-depth experience within the different facets of risk and compliance in Australia." "With demand remaining high in financial services risk and compliance, we forecast the shallow skill sets of risk and compliance professionals, particularly ...

Grok Ventures appoints new CEO

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024  |  NEWS
... invest in climate-related ventures from venture capital at seed stage, to major renewable energy infrastructure projects and high conviction "lighthouse investments." "Having Tan and Jeremy at the helm means having a dream team behind Grok's investment ...

Green bond investors left in the dark

ROSE MARY PETRASS  |  THURSDAY, 8 FEB 2024  |  NEWS
Green bond investors find themselves navigating blind due to the lack of standardised emissions reporting methodologies, a specialist global asset manager has revealed. These impact bonds, designed to finance environmentally beneficial projects, also ...

NAB negotiates green loan with US-based renewables developer

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 FEB 2024  |  NEWS
National Australia Bank was one of four parties serving as joint lead arrangers on a deal that saw a US-based renewable energy developer increase its revolving credit facility as a green loan. Houston-based Swift Current Energy upped its US$225 million ...