Search Results

Showing 781 - 790 of 2467 results for "climate"

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... transparency and credibility," said Treasurer Jim Chalmers in a speech this morning. "Strengthening our capacity to assess climate-related financial risks and opportunities across all sectors of the economy and advancing Australia's leadership on ...

Morgan Stanley makes second climate private equity deal

ROSE MARY PETRASS  |  THURSDAY, 2 NOV 2023  |  NEWS
Morgan Stanley Investment Management's (MSIM) 1GT Climate Private Equity Strategy has announced a strategic partnership with Huel, a UK plant-based protein company. It is the second deal the climate-focused 1GT growth strategy has made so far, after ...

VIC SEC is back with $1 billion renewable target

ROSE MARY PETRASS  |  THURSDAY, 2 NOV 2023  |  NEWS
... towards the goal of 100% renewable powered Victorian government operations and facilities by 2025. Tim Buckley, director of Climate Energy Finance, told FS Sustainability that some are concerned that public capital may crowd out private capital. The ...

Brookfield ups the ante on Origin by $1.2bn

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... integration business model is key to the bid, according to Tim Buckley, director of independent public interest think tank Climate Energy Finance. He said that the retail and industrial climate base was key to Brookfield both in the Origin bid and in ...

Climate change a risk to financial stability: RBA

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
Climate change is one of the emerging risks to financial stability "for which there is no historical precedent to guide us," according to a speech by RBA Assistant Governor Brad Jones. In a recent speech addressing the risks Australia is likely to confront ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... risk landscape for finance, as global commitments consolidate and national regulatory settings tighten," EY Australia climate change and sustainability partner Emma Herd said. "There are also significant opportunities for banks which act now to establish ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Treasury has acknowledged that climate is a systemic risk for the Australian economy and creates uncertainty about the fiscal impacts of climate change on government bonds. The federal court has approved a settlement between the Commonwealth and Kathleen ...

ESG factors increasingly drive financial decisions

ROSE MARY PETRASS  |  MONDAY, 30 OCT 2023  |  NEWS
... such as materiality to reduce security risk (26%), ability to drive positive returns (19%), governance concerns (19%), climate risk (15%), and social risk (15%). 2023 saw an increase in ESG metric reporting with 66% of managers reporting ESG metrics ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... walking back its 2025 interim net zero commitment on the way to decarbonizing by 2050. Investors participating in the Climate Action 100+ engagement with Boral, a list participant, have sent a letter to Boral's board after the company announced that ...

PRI to shake up reporting framework for signatories

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... model looks at "specific sustainability issues that investors are prioritising in their practices. Example areas include climate change, human rights, or biodiversity. During the co-design process with signatories, one of these two models (or a combination ...