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Showing 61 - 70 of 249 results for "fossil fuels"

Business climate action "irreversible": Combet

RACHEL ALEMBAKIS  |  THURSDAY, 14 SEP 2023  |  NEWS
... whom were senior executives, C-Suite or board members. A majority of Australian businesses want to be weaned off of fossil fuels by no later than 2040, based according to a Carbon Market Institute (CMI) survey. The survey found that more than two-thirds ...

Bank says fossil fuel exclusions "will bite" in the future

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... means the fossil fuel exclusion policy "will bite" in the future, he said. This is because "ESG requirements about fossil fuels have become quite narrow... it's not just, a $100 million loan for a coal mine - it's down to service providers, so ...

Regional renewable investments ramp up

ROSE MARY PETRASS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
... bring this generated energy to where it's most needed. "The consequences of maintaining our dependence on unreliable fossil fuels is a future fraught with climate and energy instability and risk. By industry, governments and communities working together ...

Aussie farmers call for climate courage

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
... climate change is "causing the death of biodiversity" - but that now is not too late to act to transition away from fossil fuels. A farmer, scientist, and public figure from rural Australia, Molesworth witnessed first-hand the environmental degradation ...

Woodside sells 10% of $16.5b Scarborough LNG to Japan investors

ROSE MARY PETRASS  |  FRIDAY, 11 AUG 2023  |  NEWS
... Federal Court. Woodside argues that LNG will aid in decarbonisation efforts in the shift away from high-emissions fossil fuels. Woodside CEO Meg O'Neill said the agreement will "provide further opportunities for us to work closely together on our shared ...

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
... the index excluded issuers with significant business activities in a range of industries, including those involving fossil fuels. "However, ASIC alleges that ESG research was not conducted over a significant proportion of issuers of bonds in the Index ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... since 1996, at 87.5% in the March quarter of 2023. By comparison, Australia's energy mix was made up predominantly of fossil fuels at 71% of in 2021, including coal (51%), gas (18%) and oil (2%). This is not BlackRock's first investment in New Zealand's ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... the index excluded issuers with significant business activities in a range of industries, including those involving fossil fuels. "However, ASIC alleges that ESG research was not conducted over a significant proportion of issuers of bonds in the Index ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... and BNY Mellon, rank the lowest. Goldman Sachs' and State Street Corporation's equity funds are the most exposed to fossil fuels with 2.2 times more exposure than average. Europe also leads in climate stewardship, with Legal & General Investment Management ...

Climate transition a factor in sovereign debt pricing: Ardea

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... GDP, investors are already starting to penalise advanced countries with poor prospects of transitioning away from fossil fuels," Ryan said. "If asset owners use this research to put pressure on fund managers and boost the narrative around this, if we ...