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Showing 71 - 80 of 3696 results for "RAC"

BlueScope receives funding for lower emissions project

RACHEL ALEMBAKIS  |  THURSDAY, 1 FEB 2024  |  NEWS
BlueScope Steel and LIBERTY Steel Australia have received a combined total of $200 million in grant funding from the federal government for projects that will lower emissions in steel production. The funding is drawn from the government's Powering the ...

Origin CFO retires

RACHEL ALEMBAKIS  |  THURSDAY, 1 FEB 2024  |  NEWS
Origin is on the hunt for a new chief financial officer following the announcement of Lawrie Tremaine's retirement. Tremaine joined Origin as chief financial officer in mid-2017 and Origin cited Tremaine's role in the "successful repositioning, capital ...

Nature-related disclosures underway

ROSE MARY PETRASS  |  THURSDAY, 1 FEB 2024  |  NEWS
Reporting on nature-related corporate disclosures with the Taskforce on Nature-related Financial Disclosures (TNFD) is now underway, with the first 320 companies and financial institutions now taking part. The first cohort of adopters are taking steps ...

Sunshine state issues $2.75bn green bond

RACHEL ALEMBAKIS  |  MONDAY, 29 JAN 2024  |  NEWS
Queensland Treasury Corporation (QTC) has issued a $2.75 billion 10-year green bond. The bond, which has a yield of 4.75%, has a rating of AA+ (Stable) by S&P Global and Aa1 (Stable) by Moody's Investors Service and takes QTC's total term debt ...

Guide to identify and manage modern slavery for NSW entities

RACHEL ALEMBAKIS  |  MONDAY, 29 JAN 2024  |  NEWS
The NSW anti-slavery commissioner's office has published a guidance on managing modern slavery risks applicable to the more than 400 NSW public entities that fall under that state's modern slavery legislation. The Guidance on Reasonable Steps to Manage ...

Senior appointments at ag managers

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2024  |  NEWS
Two agricultural asset managers have made key executive appointments. Warakirri Asset Management has hired Nikki Jordan to the newly created role of head of sustainability. Jordan will report to Warakirri managing director Jim McKay and will "lead the ...

Ad industry proposes greenwashing code

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
The peak body for Australia's advertisers is taking on greenwashing via a new draft code. The Australian Association of National Advertisers (AANA) has released an exposure draft Environmental Claims Code that they say will form an integral part of ...

NSW can achieve electricity reliability without coal

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
There is no need to use taxpayer fund to keep Australia's biggest coal power plant open beyond its planned closure date in 2025 as the state of NSW has made "massive progress" on new renewable energy and battery capacity, according to think tank Climate ...

TCorp issues first sustainability bond of 2024

RACHEL ALEMBAKIS  |  THURSDAY, 18 JAN 2024  |  NEWS
TCorp, the investment and financial management partner of the New South Wales (NSW) public sector, has issued a $1.7 billion sustainable bond. The 4.75% 20 September 2035 Sustainability bond has a yield of 4.995%, and was heavily oversubscribed. TCorp ...

Ethical ETFs AUM surges in 2023: Betashares

RACHEL ALEMBAKIS  |  TUESDAY, 16 JAN 2024  |  NEWS
Funds under management for ethical, responsible and sustainability-themed ETFs surged by more than 24% during 2023, amid a strong year for ETFs broadly. Betashares' latest Australian ETF Review calculates the local ETF industry at a total industry ...