Search Results

Showing 61 - 70 of 463 results for "fossil fuel"

Economists brace for an uncertain future

ROSE MARY PETRASS  |  TUESDAY, 18 FEB 2025  |  NEWS
After decades of unprecedented progress in reducing global inequality and poverty, the future looks increasingly uncertain, according to Angela Jackson, lead economist at Impact Economics and Policy. With Australia heading into an election year, potential ...

Investors and business leaders call for end to 'weak' net zero pledge

ROSE MARY PETRASS  |  WEDNESDAY, 12 FEB 2025  |  NEWS
... fossil fuels. The letter demands 'real zero' targets over 'net zero' targets, and clear and transparent timelines for fossil fuel phase out. Under a 'net zero' scenario, emissions going into the atmosphere are balanced by removal from the atmosphere ...

Renewable energy company secures $160m from Macquarie

KARREN VERGARA  |  MONDAY, 10 FEB 2025  |  NEWS
Macquarie Asset Management (MAM) is providing $160 million (€97m) to finance the expansion ambitions of Spanish renewable energy company Greenalia. Greenalia is the developer, owner, and operator of renewable energy assets in Spain, Portugal, and ...

TNFD adds to sector guidance, scores funding

JAMIE WILLIAMSON  |  FRIDAY, 24 JAN 2025  |  NEWS
The Taskforce on Nature-related Financial Disclosures (TNFD) has released final guidance on four new sectors and draft guidance on a further three, as it also nets strategic funding from The Rockefeller Foundation. The TNFD has released final sector ...

Coalition's anti-ESG stance sparks investor backlash

ROSE MARY PETRASS  |  THURSDAY, 23 JAN 2025  |  NEWS
... and superannuation funds. The Coalition leader said he intends to stop banks from blocking or restricting loans to fossil fuel and forestry companies based on ESG criteria. Bendigo and Adelaide Bank recently denied financing to Tasmanian logging company ...

Trump Paris exit "bad news" for rest of world

ROSE MARY PETRASS  |  THURSDAY, 23 JAN 2025  |  NEWS
... emissions," Ashton said. "It reinforces Trump's desire and campaign comments to move away from renewable energy and ramp up fossil fuel production." Clean energy tax credits are likely at risk, which if repealed will present challenges for the sector ...

Green moves: Amundi, PRI, U Ethical, Barclays, HSBC

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025  |  NEWS
... sustainable finance for Standard Chartered Bank. During Barlow's tenure the bank committed to cease direct financing for new fossil fuel projects and developed its first Transition Finance Framework. Meanwhile, Celine Herweijer recently stepped aside ...

Best ESG super options revealed

ROSE MARY PETRASS  |  FRIDAY, 17 JAN 2025  |  NEWS
... Index, the option excludes nuclear energy and uranium, old growth forest logging, tobacco, weapons, and banks and new fossil fuel projects not aligned with the Paris Agreement. Scoring silver, Russell Investments-managed Nationwide Super Employer Responsible ...

Cooling US clean tech to drive Aus growth

ROSE MARY PETRASS  |  THURSDAY, 19 DEC 2024  |  NEWS
US investment in new clean technologies dropped sharply in the first nine months of 2024 from US$42 billion to $16.2bn; energy investors say this could be a golden opportunity for Australia. If current trends continue, the US will fall short of its ...

Most-read articles of 2024

ROSE MARY PETRASS  |  THURSDAY, 19 DEC 2024  |  NEWS
As we bid farewell to another year in responsible investing, here's a countdown of the most-read articles on FS Sustainability. Which ones did you miss? CareSuper ousts ESG policies in merger In September, CareSuper announced it would abandon Spirit ...