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Showing 921 - 930 of 2573 results for "Environment"

Mitsubishi buys stake in Australian carbon credit developer

RACHEL ALEMBAKIS  |  THURSDAY, 29 JUL 2021  |  NEWS
Mitsubishi Corporation has bought a 40% stake in an Australian nature-based developer of carbon credit projects. Mitsubishi Corporation said their investment in Australian Integrated Carbon (AIC) "falls in step with our sustainability objectives, which ...

Global fund manager buys Australian forestry asset

RACHEL ALEMBAKIS  |  TUESDAY, 27 JUL 2021  |  NEWS
A global fund manager has acquired an Australian forestry business based on its financial and environmental sustainability merits. AXA Investment Managers' Alts team has agreed to acquire approximately 24,000 hectares of Australian woodland and ...

Banks face multi-billion risks from climate change: Accenture

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
The global financial services industry faces $600 billion in climate change risks with widespread implications for banks across credit risk, market risk and operational risk, according to research from by Accenture. According to the climate disclosures ...

Carbon capture and storage questioned after Chevron result

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... one-hundred fold increase in CCS facilities to over 2,000 worldwide," Steyn said. "For governments, creating an enabling environment for investment will necessitate defining the role of CCS in meeting emissions reduction targets, placing a value on the ...

Agriculture business signs first sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
A big four bank has inked the first sustainability linked loan (SLL) for Australia's agriculture industry. Commonwealth Bank has signed an SLL with premium Queensland producer Stockyard Group for an undisclosed sum. The three-year loan has set targets ...

Activist group files climate resolution to AGL AGM

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUL 2021  |  NEWS
... more than 70% since its peak in 2017," said ACCR director of climate and finance Dan Gocher, Director of Climate and Environment. "This erosion of shareholder value was done with eyes wide open as AGL resolutely defended its decision to acquire three ...

ACSI announces new president, deputy

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUL 2021  |  NEWS
Debby Blakey has been appointed the new president of the Australian Council of Superannuation Investors (ACSI). The HESTA CEO replaces Ian Silk, the outgoing chief executive of AustralianSuper. Michelle Gardiner, trustee director of Care Super, will ...

Global fund manager launches bond impact strategy

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUL 2021  |  NEWS
A global fund manager has launched a global impact bond strategy. Nuveen's Global Core Impact Bond strategy will allocate towards best-in-class ESG leading issuers and securities that provide direct and measurable environmental or social impact. The ...

New Forests acquires US timber asset

RACHEL ALEMBAKIS  |  TUESDAY, 20 JUL 2021  |  NEWS
New Forests has acquired a 63,000 hectare forest as part of a sustainable forest strategy. New Forests acquired the Hilt-Siskiyou Forest, a mixed-conifer forest along the California and Oregon border, from the Fruit Growers Supply Company (FGS) alongside ...

Royal Adelaide Hospital locks in $2bn social, green loans

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUL 2021  |  NEWS
The Royal Adelaide Hospital has secured $2.2 billion in social and green loan refinance. Commonwealth Bank served as joint sustainability coordinator on a $2.2 billion loan for Celsus, the consortium responsible for designing, financing, constructing ...