Search Results

Showing 61 - 70 of 937 results for "transition"

WEF to unlock US$2.8 tr clean energy investment in global majority nations

ROSE MARY PETRASS  |  MONDAY, 22 JAN 2024  |  NEWS
... Norway, Kenya and South Africa. The initiative will provide a collaborative space for members to accelerate the energy transition in global majority nations. It will spearhead the development of new policies and business models, de-risking tools and ...

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
... money out of the firm in an anti-ESG backlash. In his March 2023 letter, Fink identified climate risk and the energy transition as a risk to portfolios and made it clear that providing investors with information about investor risk is part of BlackRock's ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... ESG-integrated assets totalled EUR €346 billion. In its sustainability strategy, BNP Paribas identified a "just" energy transition, healthy ecosystems, and societal equality as essential to protecting a healthy economy and safeguarding against systemic ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
... to take this threat into account when evaluating risks to their investments. Investors are focusing on physical and transition risks from climate change when investing in major energy companies - and may be overlooking the financial risk from litigation ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... internationally-aligned standards for climate-related financial disclosure by Australia, which will help facilitate the transition to a low-carbon economy," Turner said. "ASFA has engaged constructively with consultations to date and continues to be ...

Paris overshoot: are investors prepared?

ROSE MARY PETRASS  |  FRIDAY, 12 JAN 2024  |  NEWS
... zero by 2050. Likely climate scenarios follow a few paths: Paris-aligned paths, a 2°C trajectory, and a disorderly transition exceeding 2°C, influenced by policy changes and corporate actions. However, with most climate scenarios now pointing to a ...

Global economists identify key risks for the decade ahead

ROSE MARY PETRASS  |  THURSDAY, 11 JAN 2024  |  NEWS
... rapidly evolving risk landscape." Sach also highlighted the need for acceleration in Australia's national energy transition to mitigate energy supply and reliability risk, as Australia is faced with "worsening natural peril environment". "This grid ...

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
... biodiversity in their portfolios as they face growing pressure to disclose their biodiversity impacts alongside climate transition plans. For example, France's central bank incorporates biodiversity indicators into its own portfolio disclosure. Singapore ...

Forestry fund raises $450m for natural capital

ROSE MARY PETRASS  |  MONDAY, 8 JAN 2024  |  NEWS
... considerations and returns. "Investors globally are now thinking about the role of forestry, agriculture and land use transition in not only delivering returns, but reducing emissions, contributing to conservation, and the circular bioeconomy. "We believe ...

Built industry bodies call for green innovation policy

RACHEL ALEMBAKIS  |  MONDAY, 8 JAN 2024  |  NEWS
... environment toward standards that surpass the minimum requirements, and appropriate planning incentives can hasten that transition. "This would come at a low cost to government, enhance the sustainability benchmarks of Australian buildings and contribute ...