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Showing 871 - 880 of 2467 results for "climate"

Blackstone closes record energy transition fund at $7.1bn

ROSE MARY PETRASS  |  WEDNESDAY, 16 AUG 2023  |  NEWS
... In 2022, Blackstone announced a goal of $100 billion in investments over the next decade towards energy transition and climate change solutions projects. Blackstone's Credit and Insurance segment currently has $295 billion in AUM and seeks risk-adjusted ...

Ethical investments recover performance: Chant West

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  WEDNESDAY, 16 AUG 2023  |  NEWS
... generating returns is "inherently more valuable than one that doesn't," Unwin added. "Economic winds have no influence on climate solutions." Of course, no one has a crystal ball. But the strategy is that the financial value of "destructive" investments ...

Standard Chartered Bank gets first head of social sustainability

ROSE MARY PETRASS  |  TUESDAY, 15 AUG 2023  |  NEWS
... opportunities with philanthropic partners and colleagues across the bank. "Natalie's role will complement our expertise in climate-focused sustainability and represents the evolution of environment, social and governance (ESG) factors as discrete but ...

ASX200 skirts Scope 3 disclosures

ROSE MARY PETRASS  |  TUESDAY, 15 AUG 2023  |  NEWS
While nearly 70% of the ASX200 is now reporting against the Taskforce for Climate-related Financial Disclosures (TCFD) framework, "not all net zero commitments are equal" and significant Scope 3 emissions disclosure gaps remain. New research by the ...

Climate: debt rise, credit falls for 59 nations as early as 2030

ROSE MARY PETRASS  |  FRIDAY, 11 AUG 2023  |  NEWS
The global financial system will see progressive deterioration of sovereign credit ratings in 59 countries due to climate-related factors, resulting in a substantial rise in both corporate and sovereign debt by tens of billions of dollars from 2030. ...

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

ROSE MARY PETRASS  |  FRIDAY, 11 AUG 2023  |  NEWS
... price of US$500 million. The Scarborough field, located approximately 375 km off the Pilbara coast, has attracted ire from climate groups that labelled the project a "climate bomb" and took the energy giant to court. Woodside claims the reservoir contains ...

Industy veterans named to sustainable finance taxonomy working group

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... taxonomy. The Australian Sustainable Finance Institute (ASFI) has named former RBA deputy governor Guy Debelle and EY climate change and sustainability services partner Emma Herd as the co-chairs of the Taxonomy Technical Expert Group (TTEG). "It is ...

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

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... sector". "I'm absolutely stoked about what this means for Kiwi ingenuity in renewable energy; it shows that our ambitious climate targets have the world's attention, and that they are good for the climate, good for the economy, and will help create highly ...

Sustainable finance heavyweight to chair National Reconstruction Fund board

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... Energy Agency (ARENA) and founding director of the Clean Energy Finance Corporation. He has also served as director of the Climate Council, chair and governing board member of Renewable Energy and Energy Efficiency Partnership and chairman of Low Carbon ...

Climate disclosure lawsuit against Commonwealth settled

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... landmark class action lawsuit against the Commonwealth of Australia alleging the government does not properly disclose climate change risk in government bonds has been settled. The case was filed in 2020 by Kathleen (Katta) O'Donnell, who is represented ...