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Showing 1 - 10 of 14 results for "ADB"

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
Board directors of energy companies continue to be elected with over 95% shareholder support, even when those companies perform poorly against investor expectations. More than six years after the launch of the Climate Action 100+ (CA100+) Net Zero Company ...

New Forests invests in Thai peat forest

RACHEL ALEMBAKIS  |  THURSDAY, 22 FEB 2024  |  NEWS
... providing support to TAFF2 for the development of the project. Investors in TAFF2 include Mitsui, Nomura, Asian Development Bank (ADB), the Australian government, David and Lucile Packard Foundation, Sumitomo Mitsui Trust Bank (SuMi TRUST), Temasek and ...

Global managers drop out, scale back on Climate Action 100+

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
The three global giant fund managers that are leaving or changing up their relationship with Climate Action 100+ were not lead investors on any Australian-based engagements, local organisers have confirmed. Last week, J.P. Morgan Asset Management and ...

Forestry fund falls short of target

ROSE MARY PETRASS  |  MONDAY, 29 JAN 2024  |  NEWS
... million target for its Tropical Asia Forest Fund 2 (TAFF2). Investors in TAFF2 include Mitsui, Nomura, Asian Development Bank (ADB), the Australian government, David and Lucile Packard Foundation, Sumitomo Mitsui Trust Bank (SuMi TRUST), Temasek and ...

Record climate spending for low and middle-income economies

ROSE MARY PETRASS  |  TUESDAY, 17 OCT 2023  |  NEWS
... coordinated by the European Investment Bank (EIB), was drawn from the African Development Bank, the Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), the Council of Europe Development Bank, the European Bank for Reconstruction ...

Australian companies lagging on climate action

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
Australia's top carbon-emitting companies are still failing to align their decarbonisation targets with the end goal of containing global warming at 1.5° by 2050, according to the latest assessment by Climate Action 100+. Emissions at the 14 Australian ...

Engaging for real-world decarbonisation: IGCC

RACHEL ALEMBAKIS  |  MONDAY, 21 AUG 2023  |  NEWS
Collaborative engagement groups like Climate Action 100+ can be important tools for investors and companies to discuss implementation of climate strategies, but investors have to be able to see how a company's commitments lead to real-world decarbonisation. ...

Global development banks release joint principles towards Paris alignment

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
... Bank Group, Islamic Development Bank, African Development Bank, and New Development Bank. Australia is a founding member of ADB. It has provided $8.17 billion in capital subscription to ADB. It has also contributed and committed $3.14 billion to Special ...

Climate Action 100+ ramps up corporate activities

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUN 2023  |  NEWS
Climate Action 100+ will step up engagement activities and shift the focus from corporate climate-related disclosure to implementation of climate transition plans while increasing obligations on lead investors. Climate Action 100+ is a collaborative ...

"Alarming" lack of capex alignment to 1.5C goals: Climate Action100+

RACHEL ALEMBAKIS  |  THURSDAY, 31 MAR 2022  |  NEWS
The most carbon intensive companies in the world are not explicitly aligning their future capex plans with long-term greenhouse gas emission targets, Climate Action 100+ has found. New assessments released today by Climate Action 100+ show some corporate ...
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