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Showing 811 - 820 of 2467 results for "climate"

France "Say on Climate" law scrapped

ROSE MARY PETRASS  |  WEDNESDAY, 11 OCT 2023  |  NEWS
Following pressure from industry groups, France has dropped a mandatory "Say on Climate" resolution from its Green Industry bill just months after the rule was adopted in July. Under the resolution, all French listed companies would be mandated to submit ...

UK transition plan taskforce releases final disclosure framework

ROSE MARY PETRASS  |  WEDNESDAY, 11 OCT 2023  |  NEWS
... in June, also expecting disclosure of transition plans. While the ISSB requires companies to disclose information about climate-related transition plans, including key assumptions used in developing these plans and the dependencies on which the plan ...

New EU rules at the border and beyond

ROSE MARY PETRASS  |  TUESDAY, 10 OCT 2023  |  NEWS
... invest in sustainable technologies and businesses, increase interest in green bonds and support the EU's transition to climate neutrality. The rapporteur, Paul Tang commented: "Businesses want to make the green transition. And the European Green ...

Investing in net zero "makes business sense": Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... business as usual for all companies in Australia, it may be getting there. With government commitments to bring in mandatory climate disclosure forcing company boards to plan for how to comply with standards, and investors engaging with emissions intensive ...

Act now on carbon emissions to avoid higher costs later: EY

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... predicts that direct abatement needs will rise to 43 million tonnes per year by 2035. EY co-leader of the Net Zero Centre and climate change and sustainability partner Emma Herd noted that while there are still carbon offsets available at below $50/tonne ...

Mandatory climate reporting challenges directors: AICD

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
Companies are grappling with the ramp-up to mandatory climate disclosure in Australia, the "biggest change in corporate reporting in a generation," with the Australian Institute of Company Directors (AICD) publishing a guide to assist directors' ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
Insurance leaders have reframed the challenge of climate risk as an opportunity, stating that physical risk from climate change is not the biggest challenge to insurance. Finity Consulting principal Rade Musulin and Swiss Reinsurance head of property ...

Australian companies lagging on climate action

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
... decarbonisation targets with the end goal of containing global warming at 1.5° by 2050, according to the latest assessment by Climate Action 100+. Emissions at the 14 Australian companies are either continuing to rise or not declining significantly ...

Danish pension fund completes US$520m divestment

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
... course. "After several years, where we together with other investors, have tried to get these companies to change their climate course, we have to realise that the top management in the oil and gas sector simply refuse to do so in [a] manner consistent ...

Climate fund assets reach half a trillion dollars

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
The world is failing to limit warming to 1.5°C - yet climate transition funds are gaining traction, with assets in open-end and exchange-traded funds with a climate focus now reaching US$534 billion. Boosted by inflows and product development, assets ...