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Low-cost, high-reliability road to renewable energy: Grattan Institute

RACHEL ALEMBAKIS  |  MONDAY, 12 APR 2021  |  NEWS
Australia can implement a net-zero national energy market with renewable energy that is both affordable and reliable, but committing to go zero emissions makes little economic sense at this time, according to the Grattan Institute. Grattan Institute ...

Investors confident in Australian renewables sector: MinterEllison

RACHEL ALEMBAKIS  |  THURSDAY, 8 APR 2021  |  NEWS
Investors are "overwhelmingly confident" in the outlook for Australian renewables, with state and territory programs to stimulate renewable energy, according to MinterEllison. MinterEllison has published the Australian Renewables Report 2021, which ...

Coles sets net zero target with absolute emissions reductions

RACHEL ALEMBAKIS  |  THURSDAY, 8 APR 2021  |  NEWS
Supermarket giant Coles has committed to reducing its carbon emissions by more than 75% by 2030 and is aiming to do so without carbon offsets. Coles recently launched its refreshed sustainability strategy, which includes its climate change pillar, named ...

ESG investing growing strongly in Asia: J.P. Morgan Asset Management

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 APR 2021  |  NEWS
ESG investing is growing strongly in Asia, according to J.P. Morgan Asset Management. Net inflows into sustainable funds in 2020 was US$8 billion, nearly 10 times that of 2019, said Tai Hui, chief Asia market strategist, J.P. Morgan Asset Management. ...

Fossil fuel share offerings sharply underperform: Carbon Tracker

RACHEL ALEMBAKIS  |  TUESDAY, 6 APR 2021  |  NEWS
The value of share offerings in fossil fuel-producing and related companies have sharply underperformed global equities in the last decade, according to a new study from Carbon Tracker. Collectively, between 2012 and 2020, fossil fuel producers sold ...

Real estate investment group issues $300 million green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 MAR 2021  |  NEWS
A leading real estate developer and investment group has become the largest non-bank ASX listed issuer of green bonds to date by issuing a second green bond. Lendlease has issued a $300 million green bond, its second in five months. Its debut green ...

Corporate super fund sets net zero target

RACHEL ALEMBAKIS  |  MONDAY, 29 MAR 2021  |  NEWS
A major corporate superannuation fund has joined the ranks of super funds announcing plans to achieve net zero greenhouse carbon emissions by 2050. The $22 billion corporate fund has announced goals that will reduce current greenhouse gas emissions ...

Say on climate a "milestone moment" for ASX companies

RACHEL ALEMBAKIS  |  THURSDAY, 25 MAR 2021  |  NEWS
Four ASX listed companies thus far have committed to putting their climate strategy plans to shareholders to a vote at their 2022 AGMs, the first companies in the world to do so. The "say on climate" resolutions are advisory votes only, but engagement ...

Companies making net zero commitments they need to keep: investors

RACHEL ALEMBAKIS  |  THURSDAY, 25 MAR 2021  |  NEWS
The world's largest greenhouse gas emitters have a long way to go on delivering on net-zero emissions promises. Climate Action 100+ has issued its first-ever benchmark, which evaluates corporate actions and intentions on reduction of greenhouse ...

Global fund manager launches local climate transition fund

RACHEL ALEMBAKIS  |  THURSDAY, 25 MAR 2021  |  NEWS
A leading global fund manager has launched a green transition index fund for Australia and New Zealand. Northern Trust Asset Management has created the NT World Green Transition Index, which excludes companies with fossil fuel reserves, and selects ...