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Showing 61 - 70 of 242 results for "Climate Action 100+"

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 ...

Global investors unite for Climate Action 100+

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
A group of global asset owners has issued a statement in support of Climate Action 100+ (CA100+) after an exodus of large investor members early this year. The initiative received the endorsement from 44 asset owners across the globe, including the ...

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 ...

Podcast: Federal Budget, Climate Week, clean energy and the case for a price on carbon with Tim Buckley

THE GREENER WAY  |  TUESDAY, 21 MAY 2024  |  NEWS
Last week the Australian Federal Budget 2024-25 was handed down, coinciding with Sydney's inaugural Climate Action Week. In this episode of The Greener Way, we hear from Tim Buckley, founder and director of Climate Energy Finance, a public interest ...

Make sustainability sexy

ROSE MARY PETRASS  |  TUESDAY, 14 MAY 2024  |  NEWS
Sydney's inaugural Climate Action Week kicked off with a flurry of events across the city, including a panel with Planet Ark founder Jon Dee, and Green Building Council of Australia CEO Davina Rooney. The key message? 'Make sustainability sexy.' ...

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
Board directors of energy companies continue to be elected with over 95% shareholder support, even when those companies perform poorly against investor expectations. More than six years after the launch of the Climate Action 100+ (CA100+) Net Zero Company ...

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
Almost half (42%) of energy companies on Citi bank's loan book do not have climate transition plans. The US bank's recently released climate report ranked energy companies from "low" to "strong" based on emissions reduction plans. It found current transition ...

Flawed carbon credits add to business risk

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
Some carbon credits may increase emissions, potentially costing billions of dollars for businesses that must rely on offsets to comply with Safeguard Mechanism. Carbon credits are widely used policy tool to offset the carbon produced by heavy emitters ...

CBA launches green business loan

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
Australia's largest lender has rolled out a new financing option for enterprises to fund sustainability projects like renewable energy, energy-efficient upgrades, climate resilience, and nature protection. The Business Green Loan supports organisations ...