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Showing 81 - 90 of 140 results for "GIA"

Broader job pain finally hits ESG

ROSE MARY PETRASS  |  FRIDAY, 25 OCT 2024  |  NEWS
With the news a major carbon firm will lay off a quarter of its staff, a sector many thought to be immune is finally feeling the pinch. The wave of corporate restructuring, which has already hit giants like HSBC, Meta, PwC, Tesla, Google, Microsoft ...

Ultra rich bet on green energy for data

ROSE MARY PETRASS  |  FRIDAY, 20 SEP 2024  |  NEWS
Macquarie Asset Management (MAM) is expanding its local footprint in response to private wealth's hunger for clean energy and the global digital revolution. The asset management giant's Green Investments arm is now selling private market access ...

Natural gas buyout bulldozes investors: Analysts

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
Woodside disregards historic investor rejection of its climate plan; the energy giant's US$1.2bn natural gas takeover negates its US$2.35bn carbon capture buy "more than 21 times over". Woodside's US$1.2bn bid for Tellurian and its Driftwood ...

Shareholders to pressure supermarkets over seafood sourcing

ROSE MARY PETRASS  |  WEDNESDAY, 28 AUG 2024  |  NEWS
A group of 130 shareholders will attempt to force the major supermarkets to change their seafood suppliers to prevent the extinction of a rare species. 130 investors are targeting Woolworths and Coles to drop industrial salmon farming in Macquarie Harbour ...

Green job market heats up

ROSE MARY PETRASS  |  MONDAY, 26 AUG 2024  |  NEWS
Despite layoffs in other sectors and unemployment rate inching higher, sustainability surges as firms eye top talent in Q3 2024. Ann Austin has been promoted to global head of sustainability, investment management at Lendlease. A company loyalist, she ...

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
The once-largest fossil fuel lender has changed tack to become the first of the big banks to formally cut ties with coal, oil and gas without credible transition plans, ahead of schedule. Last year, Commonwealth Bank announced that from 2025 it would ...

BHP, Rio Tinto, Qantas back carbon credits fund

JAMIE WILLIAMSON  |  FRIDAY, 16 AUG 2024  |  NEWS
The ASX-listed companies have poured $80 million into a new Australian carbon credits fund from Silva Capital. The Silva Carbon Origination Fund is one of the first funds in Australia to invest in large-scale, high-integrity Australian Carbon Credit ...

Catastrophe bill blows up to $90bn

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
Swiss Re says global insured losses from natural catastrophes hit $90.5 billion (US$60bn) in the first half of 2024, with severe thunderstorms accounting for two-thirds of that figure. Interestingly, the half was the second costliest on record for insured ...

Shareholders to say 'no' to gambling ads

MICHELLE BALTAZAR  |  TUESDAY, 13 AUG 2024  |  NEWS
Ethical investment groups Ethinvest and Future Group are backing an investor campaign to stop media giants Seven West and Nine Entertainment from running gambling ads. Ethinvest, a financial planning group, and Future Group, the parent company of super ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
The energy giant's US$2.35 billion ammonia buyout may placate many shareholders, but the high price paid has raised alarms given the yet-to-be-operational plant hinges on possibly impermanent carbon capture. Last week, Australian oil and gas company ...