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Showing 71 - 80 of 352 results for "emissions reduction"

First dedicated transition fund for emerging markets

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
A newly launched fund from Brookfield and ALTÉRRA promises to help fund the clean energy transition in emerging markets with a target of up to $5 billion. The Catalytic Transition Fund received an anchor commitment of $1 bn from UAE-backed ALTÉRRA ...

Cromwell restructures lending facility

ROSE MARY PETRASS  |  MONDAY, 17 JUN 2024  |  NEWS
... major commercial real estate investor has converted its $1.2 billion lending facility into a loan tied to emissions reduction and gender pay targets. Cromwell Property Group's loan, which includes eight lenders, was developed with the Commonwealth Bank. ...

One in three analyse physical climate risk: IGCC

ROSE MARY PETRASS  |  THURSDAY, 30 MAY 2024  |  NEWS
Aussie investors ramp up climate action but need to focus on physical climate risks and near-term emissions reduction targets. The Investor Group on Climate Change (IGCC) has put out it's State of Net Zero Investment Report for 2024, with data as of ...

Budget 2024: A win for clean energy, not environment

ROSE MARY PETRASS  |  WEDNESDAY, 15 MAY 2024  |  NEWS
... Australian Carbon Credit Unit scheme, $170.6m to expediate renewables project approvals, $63.8m to support emissions reduction in the agriculture, $178.6m for renewables employment support and training, and $56m for Building Women's Careers. $17.3 ...

Member accuses UniSuper of greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024  |  NEWS
UniSuper was recently hit with fresh allegations of greenwashing by a member who issued a complaint to ASIC in relation to certain holdings. The member believes UniSuper marketing two of its three responsible investment options as 'sustainable' places ...

Aware Super appoints ESG, product and insurance heads

ELIZABETH FRY  |  THURSDAY, 18 APR 2024  |  NEWS
... position, she led the delivery of environmental and social outcomes across portfolios aligned to net zero emissions reduction pathways. "I'm excited to be a part of a growing business committed to delivering both positive environmental and social ...

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
... plans. The US bank's recently released climate report ranked energy companies from "low" to "strong" based on emissions reduction plans. It found current transition plans are insufficient for investors to accurately gauge transition risk. Climate transition ...

Flawed carbon credits add to business risk

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
... offset methodology, and throws a spanner in the works for heavy emitters that may be relying on offsets to meet emissions reduction requirements under the Safeguard Mechanism. They could face financial penalties of $250 per tonne of CO2-e. AGL, EnergyAustralia ...

Deutsche Bank links 33% of long-term bonuses to non-financial targets

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... anti-money laundering and know-your-client activities. Environmental targets focus on the bank's financed emissions reduction targets for carbon-intensive sectors, in line with its net zero pathway. Seven targeted carbon-intensive sectors are oil and ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... comply," Morgan said. Fully, 29 of the 30 funds identify climate change as a significant risk and/or have set an emissions reduction target through an active ownership strategy. Super fund support for climate-related shareholder proposals declined from ...