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Showing 1 - 10 of 20 results for "Climate Group"

Asset managers react to news 2C is 'dead'

ROSE MARY PETRASS  |  THURSDAY, 13 FEB 2025  |  NEWS
... for Responsible Investment (PRI) and other partner organisations to assess the next steps in its commitment to the climate group. Alphinity said "this news does not change our approach" but it is working on a "robust and flexible methodology" to assess ...

ESG groups scramble to pivot

ROSE MARY PETRASS  |  THURSDAY, 6 FEB 2025  |  NEWS
More asset managers and banks are dropping like flies from climate-focused initiatives, leaving ESG groups scrambling to stay relevant. Following the exit of four Canadian banks, the Net-Zero Banking Alliance (NZBA) has now bade farewell to JPMorgan ...

More climate exits as Trump takes charge

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025  |  NEWS
... BlackRock's practices and subjected us to legal inquiries from various public officials". In response to the climate group exodus, Glasgow Financial Alliance for Net Zero (GFANZ) abandoned its requirement for members to target net zero. In his first ...

Major climate group suspends operations

ROSE MARY PETRASS  |  WEDNESDAY, 15 JAN 2025  |  NEWS
An alliance of financiers with over US$57.5 trillion in assets has bowed to US political pressure and hit pause after the exit of the world's largest asset manager, BlackRock. Net Zero Asset Managers (NZAM), which has over 300 members, announced ...

GFANZ pivots amid climate alliance shake-up

ROSE MARY PETRASS  |  MONDAY, 13 JAN 2025  |  NEWS
A major climate group bids adieu to three major institutions - with one firm saying it will focus on a different group which will no longer require members to adopt net zero targets. Net Zero Banking Alliance (NZBA) just lost Citigroup, Morgan Stanley ...

Most-read articles of 2024

ROSE MARY PETRASS  |  THURSDAY, 19 DEC 2024  |  NEWS
... flaw in ESG ratings as a reliable metric for fund managers, a global index provider says. Read here. Investors exit climate group amid politicisation Climate Action 100+ lost two more asset managers in May. The high-profile withdrawals were pinned to ...

Asset managers move climate targets in-house

ROSE MARY PETRASS  |  THURSDAY, 12 DEC 2024  |  NEWS
... Franklin Templeton shed light on their departures from UN-convened Net Zero Banking Alliance (NZBA) and embattled climate group Climate Action 100+ (CA100+) respectively. GS said it would move its climate commitments to oversight by an in-house team ...

Green moves at Future Group, AusSuper, Birdwood, Minderoo, Mutual Trust

ROSE MARY PETRASS  |  MONDAY, 21 OCT 2024  |  NEWS
... medical research and not-for-profit organisations, to law, and to professional learning programs." Meanwhile, Digital Climate Group - an investment, tech and consultant firm - has three new advisors. DCG offers digital assets in climate markets, renewable ...

Titans promise 24/7 clean energy

ROSE MARY PETRASS  |  FRIDAY, 4 OCT 2024  |  NEWS
... have promised they will use carbon-free power every hour of every day and feed that power back to the grid. The Climate Group 24/7 Carbon-Free Energy Compact was launched at the 79th session of the UN General Assembly (UNGA 79), as well as at New York ...

Asset manager defends climate group exit

ROSE MARY PETRASS  |  MONDAY, 26 AUG 2024  |  NEWS
A $US49 billion asset manager confirmed its exit of the Climate Action 100+ (CA100+), but said it still considers climate an investment risk. Breckinridge Capital Advisors, a certified B Corp, said its ESG approach would not change. The firm has a direct ...
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