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Showing 1 - 10 of 242 results for "Climate Action"

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
... when those companies perform poorly against investor expectations. More than six years after the launch of the Climate Action 100+ (CA100+) Net Zero Company Benchmark Disclosure Framework, companies are on average only 40% aligned. CA 100+ is a collaborative ...

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
... transition risk. Climate transition risk is a significant material financial risk for high-emitting companies on the Climate Action 100+ focus list. The data was released in the 2023 Citi Climate Report: Our Approach to Climate Change and Net Zero. In ...

Flawed carbon credits add to business risk

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
... published in the peer reviewed scientific journal Communications Earth & Environment published by Nature. Farmers for Climate Action responded to the findings. CEO Natalie Collard said" "Our organisation has raised concerns in the past that any market ...

Super battle on impact investing and returns

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... December 2022. Additionally, more than a third of Aussies would sacrifice super returns if it means supporting greater climate action, according to a poll by the AFR. However, at the recent Australian Council of Superannuation Investors (ACSI) conference ...

CBA launches green business loan

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... nature protection. The Business Green Loan supports organisations seeking to bolster environmental conservation and climate action through tailored terms to suit individual project, asset or funding needs. The Commonwealth Bank of Australia's (CBA) ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... option. Market Forces' Brett Morgan said the chief reason for the change was due to more members demanding climate action. More than half of Aussies support greater climate action, according to RIAA - and more than a third would sacrifice super returns ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
Invesco is the latest departure from the Climate Action 100+ network, as four major US banks leave climate benchmark group the Equator Principles. Insiders insist the news has been sensationalised by the media and that more firms are joining than are ...

AXA IM warns companies on climate lobbying

ROSE MARY PETRASS  |  THURSDAY, 22 FEB 2024  |  NEWS
... the need for greater corporate disclosure to ensure alignment between corporate top-line statements and tangible climate action."

Japan issues first climate transition bond

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
... Convention on Climate Change says this commitment is "ambitious" - however, independent science-based research group Climate Action Tracker ranks Japan's target as "insufficient". Starting in 2028 the Japanese government aims to introduce carbon pricing ...

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 ...
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