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Showing 881 - 890 of 2467 results for "climate"

Revenue recycling carbon tax would increase Australia's GDP

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... economy. In its place the Abbott government set up the Emission Reduction Fund in 2014 and emissions resumed growth. The climate safeguard mechanism is a component of this change policy tool that applies to direct emissions from designated large facilities. ...

Morgan Stanley reaches 70% of $1tn sustainable finance goal

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... investment will be needed every year to build a net-zero global economy by 2050, according to global economic growth and climate change mitigation think tank the Energy Transitions Commission. Morgan Stanley Chairman and CEO James Gorman commented: "I ...

Fidelity creates chief sustainability role, plus new chairs for IPCC and PRI

ROSE MARY PETRASS  |  FRIDAY, 4 AUG 2023  |  NEWS
... a chief sustainability officer position and put Jenn-Hui Tan in the role. This comes as the Intergovernmental Panel on Climate Change (IPCC) and UN-supported Principles for Responsible Investment (PRI) announce new chairs. Tan has received multiple promotions ...

Scope 3 emissions: an explainer for SMEs

ELISHA BRILLANTES, MEI LING HO  |  THURSDAY, 3 AUG 2023  |  NEWS
... important than ever for small and medium-sized enterprises (SMEs) to start tackling their carbon footprint. Mandatory climate disclosures will not just affect big businesses. There will also be increasing pressure on their suppliers to report and disclose ...

Investments at risk: Finance "out of step" with climate science

ROSE MARY PETRASS  |  THURSDAY, 3 AUG 2023  |  NEWS
Financial institutions, central banks, regulators and governments underestimate the economic damages of climate change because they don't consider climate tipping points. Methodologies that guide the finance world should be corrected as a matter ...

La Trobe Uni issues $175m green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
... deeply committed to environmental sustainability, with an investment of $75 million to become carbon neutral and secure Climate Active certification as an institution by 2029," Smith said. "The launch today of our inaugural green bond offering further ...

Using ChatGPT to assess climate targets: Acadian

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
... via company reports and assess the credibility of their decarbonization plans. The model is part of a broader suite of climate analysis tools, noted Andy Moniz, Acadian director of responsible investing. While much financial data disclosed by companies ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... tank has found the world's largest asset managers may fail to meet their own 2050 net zero commitments, with support for climate-ambitious resolutions dropping considerably in 2022. InfluenceMap scored the world's 45 largest asset management companies ...

IFM Investors certified by Climate Active

RACHEL ALEMBAKIS  |  TUESDAY, 1 AUG 2023  |  NEWS
IFM Investors has been certified by Climate Active as it seeks to deliver on its corporate net zero commitments. Climate Active is an Australian Government program that partners with Australian businesses to drive voluntary climate action and strengthen ...

Climate transition a factor in sovereign debt pricing: Ardea

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
Governments that manage climate change transition poorly may encounter difficulty finding investors to buy their sovereign debt. New research finds carbon dioxide emissions, natural resources rents, and renewable energy adoption statistically impact ...