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Showing 81 - 90 of 536 results for "coal"

CareSuper ousts ESG policies in merger

ROSE MARY PETRASS  |  WEDNESDAY, 4 SEP 2024  |  NEWS
... 2030 50% reduction in total portfolio carbon footprint by 2030 Exclusions on controversial weapons Exclusions on thermal coal and fossil fuel-related activities The SBO will no longer target investment managers expected to deliver lower carbon emissions ...

Fossil-fuel engagements require flexibility, not confrontation

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
... out their core business. For example, Greenpeace Australia Pacific played a key role in urging AGL to bring forward their coal closure deadlines to 2035, 13 years earlier than originally planned. The nonprofit campaigned for over 18 months and won against ...

Net zero dreams float on unscaled tech

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
... carbon dioxide annually. Australia needs to triple its renewable energy capacity in five years and shut down all unabated coal and almost all unabated gas in the next ten years. 290 gigawatts of wind and solar capacity should be installed by 2050, as ...

Podcast: Nuclear power in Australia's energy transition with Jai Mirchandani

THE GREENER WAY  |  TUESDAY, 20 AUG 2024  |  NEWS
... the world's electricity. The Coalition's plan to build seven nuclear power plants to replace Australia's ageing coal-fired power stations and to abandon the government's 2030 net zero target has been receiving plenty of attention. Is ...

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 ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
... which Mercer is the trustee. The options promised to exclude companies involved in carbon intensive fossil fuels like thermal coal, alcohol production and gambling. They were promoted as suitable for members who "are deeply committed to sustainability". ...

Gender lens investing to receive $1.5bn injection

MICHELLE BALTAZAR  |  FRIDAY, 2 AUG 2024  |  NEWS
ANZ bank, fund manager Nuveen and the Australian Department of Finance and Trade (DFAT) are part of a steering committee backing Indonesia's move to raise $1.5 billion in gender-based capital by next year. The agreement was struck at a roundtable meeting ...

Olympics flame sparks $10bn pledge to sports equality

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
International development banks pledge $10 billion to promote the United Nations' Sustainable Development Goals (SDGs) in sports. This comes as the Paris Summer Olympics kick off, with the opening ceremony held on Friday. The inaugural Sport for ...

Demand up for green steel

ROSE MARY PETRASS  |  FRIDAY, 19 JUL 2024  |  NEWS
... Australasian Centre for Corporate Responsibility (ACCR), surveyed 500 global investors in steelmaking, iron ore and metallurgical coal mining. A large proportion of respondents were portfolio managers, investment managers or investment directors. The ...

"Critical decade" for energy

ROSE MARY PETRASS  |  THURSDAY, 18 JUL 2024  |  NEWS
... on the grid since the Albanese government took over: "There are now more homes with solar than with swimming pools." Aging coal-fired power stations pose a risk, and more renewables will ensure grid reliability. Bowen also emphasized the role of the ...