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Showing 931 - 940 of 2636 results for "impact"

CEFC doubles investment in Artesian bond fund

RACHEL ALEMBAKIS  |  FRIDAY, 31 MAR 2023  |  NEWS
... increased its allocation from $25 million to $50 million. As part of the investment, Artesian is developing a new investor impact tool to provide investors with "their own periodic impact report, so they can track the progress of emissions reduction ...

Investors flag decarbonisation, real world impacts as priorities

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
Australian and New Zealand institutional investors are concerned about real world investment impacts, active stewardship and how to decarbonize their portfolios, according to Northern Trust Asset Management's global head of sustainability and stewardship. ...

Australia "on notice" as final TNFD draft framework released

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
The Taskforce on Nature-related Financial Disclosures (TNFD) has released the final draft framework, Version 0.4, which will help companies navigate their nature-related risk. The new TNFD draft framework is the fourth and final draft of all core elements ...

Insured losses from natural catastrophes $150 billion in 2022

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
Natural disasters resulted in global economic losses of $410 billion (US$275b) in 2022, a new report has found, with just $150 billion (US$125b) covered by insurance. The report from Swiss reinsurance company Swiss Re revealed that record-breaking damage ...

AGL saved from HESTA divestment

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
HESTA, the Australian industry superannuation fund for workers in health and community service sectors, has removed AGL from its list of companies marked for divestment. This comes as Damien Nicks was appointed CEO of AGL in January. The energy company ...

Brookfield consortium to buy Origin Energy for $18.7bn

RACHEL ALEMBAKIS  |  TUESDAY, 28 MAR 2023  |  NEWS
... transition while ensuring network security and reliability." A key selling point to the Brookfield/MidOcean bid was the impact it would have in decarbonising Origin assets as well as supporting the energy transition more probadly. Brookfield said it ...

Time is running out: latest IPCC report says 1.5°C is "likely"

ROSE MARY PETRASS  |  TUESDAY, 28 MAR 2023  |  NEWS
The Australia Pacific region is particularly vulnerable to climate change impacts, with the Intergovernmental Panel on Climate Change (IPCC) giving a stark warning that the world must act now to limit the worst effects. The IPCC has released its AR6 ...

Bank Australia sets interim 2030 net zero target

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2023  |  NEWS
... estate and corporate loans. "As a financial institution, we need to include financed emissions," said Bank Australia chief impact officer Sasha Courville. "It's not enough to set a target based on operational emissions. Our operational emissions make ...

Global investors set net zero target, implementation lags

RACHEL ALEMBAKIS  |  THURSDAY, 23 MAR 2023  |  NEWS
... respondents have set a net zero target, slightly higher than 45% in 2022. A majority - 55% - said they are assessing the impact of their portfolios on carbon emissions. However, investors are lagging on Scope 3 emissions, with only 20% of investors measuring ...

Scentre Group reports sustainability progress

ROSE MARY PETRASS  |  THURSDAY, 23 MAR 2023  |  NEWS
... risks and opportunities. It also describes our integrated environmental plan and initiatives to reduce our environmental impact." "In the nine years since Scentre Group was established, we have achieved a 38% reduction in Scope 1 and 2 emissions. With ...