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Showing 891 - 900 of 3720 results for "STA"

Revenue recycling carbon tax would increase Australia's GDP

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
A carbon tax where cash proceeds are redirected back into the Australian economy would help Australia achieve its emissions reductions goals, and also provide economic benefits. New research to be published in September's issue of the Journal of Cleaner ...

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

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
Morgan Stanley has surpassed the two-thirds mark of its US$1 trillion target for sustainable and low-carbon investments by the end of this decade. The multinational investment bank and financial services company has released its latest ESG report stating ...

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

ROSE MARY PETRASS  |  FRIDAY, 4 AUG 2023  |  NEWS
Fidelity has created 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 ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

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 ...

Finding opportunities in the energy transition: IML

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
The global energy transition is underway, but there are still very few pure play opportunities available to investors on global stock exchanges, bringing challenges to investors who want to allocate in ways that take into account complex and rapidly ...

La Trobe Uni issues $175m green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
La Trobe University has issued a $175 million green bond that will fund projects in areas including renewable energy, green building, sustainable water and waste management and other initiatives. The Melbourne-based university's inaugural green ...

Using ChatGPT to assess climate targets: Acadian

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
Acadian Asset Management is utilizing the technology underpinning ChatGPT to predict whether companies are likely to achieve sustainability targets. The Acadian Net Zero Alignment Model integrates large learning models (LLM), the type of AI algorithm ...

Brookfield signs MoU for renewables

ROSE MARY PETRASS  |  WEDNESDAY, 2 AUG 2023  |  NEWS
Brookfield Asset Management has signed a memorandum of understanding (MoU) with India's largest private sector enterprise Reliance Industries, a Fortune 500 company, to manufacture renewable energy and decarbonisation equipment in Australia. The ...

AustralianSuper grows global team with numerous hires

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023  |  NEWS
AustralianSuper has bolstered its team with senior appointments in the UK, recruiting talent from J.P. Morgan, BNP Paribas, and Macquarie Group. AustralianSuper appointed John Normand as head of investment strategy for Europe; Sujay Shah has taken on ...