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Showing 71 - 80 of 722 results for %22Climate Action 100%2B%22

BlackRock backs world's largest direct air capture plant

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... invest in this unique energy infrastructure project and underscores the critical role of American energy companies in climate technology innovation." "We are excited to partner with BlackRock on this transformative facility that will provide a solution ...

"Looming" governance gap as reporting becomes mandatory

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023  |  NEWS
... decision-making, but a "looming" skills gap remains a challenge at the board level, the Action Exchange finds. With mandatory climate-related reporting slated for 2024-2028, it is critical to address this gap. The thought leadership and stakeholder engagement ...

Igneo refinances green credit facility

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
... coordinator and joint lead arranger for the transaction, with ANZ, NAB and Westpac as joint lead arrangers. Igneo's Climate Action 1, 2, 3! program supports the team's net zero target, outlining its short and medium-term expectations for portfolio ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... Treasury's proposed three-year moratorium on private litigation related to Scope 3 reporting as part of its proposed mandatory climate-related financial disclosure package has raised fears that it would give companies the green light to greenwash. ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... risk landscape for finance, as global commitments consolidate and national regulatory settings tighten," EY Australia climate change and sustainability partner Emma Herd said. "There are also significant opportunities for banks which act now to establish ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Treasury has acknowledged that climate is a systemic risk for the Australian economy and creates uncertainty about the fiscal impacts of climate change on government bonds. The federal court has approved a settlement between the Commonwealth and Kathleen ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... walking back its 2025 interim net zero commitment on the way to decarbonizing by 2050. Investors participating in the Climate Action 100+ engagement with Boral, a list participant, have sent a letter to Boral's board after the company announced that ...

Investors prepare for urgent action on nature

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... we need it to happen fast," Julia Leske, managing director and head of APAC institutional sales at ISS ESG commented. "Climate was the first cab off the rank, biodiversity and nature are following really fast and closely along." Regulations, taxonomies ...

Investors call for multilateral financial architecture overhaul

ROSE MARY PETRASS  |  TUESDAY, 24 OCT 2023  |  NEWS
... supported by World Wide Fund for Nature and Global Optimism. In 2023, 69 members with US$8.4 trillion in AUM set intermediate climate targets in line with the Alliance's Target-Setting Protocol, up from 44 members with $7.1 trillion in AUM the previous ...

ASX50 lags on disclosure of political spending: ACCR

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
... Tinto, Santos and Woodside - all companies with which ACCR regularly engages - against the Global Standard for Responsible Climate Lobbying, an investor-led framework for assessing Paris-alignment of corporate climate policy engagement. ACCR focused ...