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Showing 1 - 10 of 229 results for "Paris Agreement"

UniSuper defends APA stake amid member backlash

ROSE MARY PETRASS  |  WEDNESDAY, 2 OCT 2024  |  NEWS
... carbon dioxide. The UniSuper investment in APA is not consistent with its commitment to support action to meet the Paris Agreement targets. All new fossil gas extraction projects in Australia need to be stopped." A UniSuper spokesperson said the superfund ...

Natural gas buyout bulldozes investors: Analysts

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
... fuel expansion, despite the investor vote for a stronger transition plan. This conflicts with the company's Paris Agreement commitments, said Erica Hall, author of 'Top Stocks Special Edition - Ethical, Sustainable, Responsible'. "The company's ...

Indices move beyond carbon tunnel vision

ROSE MARY PETRASS  |  THURSDAY, 29 AUG 2024  |  NEWS
... invested in resources to also evaluate other climate characteristics of companies such as their alignment with the Paris Agreement, whether companies provide solutions to lower the world's future emissions and their level of climate transition risk. ...

Net zero dreams float on unscaled tech

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
... of over 500 investors warning investors and companies against gambling their transition plans on CCS. Under the Paris Agreement, nations must limit warming to well below 2C above pre-industrial levels - and pursue efforts to halt warming to 1.5C. However ...

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... in the last two years due to its sensible approach to only fund companies aligned with the climate goals of the Paris Agreement." Following the 2016 Paris Agreement until 2020, the bank lent $14.2 billion to coal, oil and gas projects. This included ...

Disorderly transition may spark financial meltdown

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... stock market cap. The 2008 global financial crisis was sparked by subprime mortgages worth less than US$0.5trn. Paris Agreement signatories are obligated to update their NDCs ahead of the 30th United Nations climate change conference ('COP30') in Brazil ...

Asset managers fast track portfolio targets

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... Managers (NZAM) - aims to decarbonise portfolios by 2050 or sooner, to curb warming to 1.5°C in line with the Paris Agreement, an international treaty. In 2023 more than 30 asset managers signed up and over 90 disclosed targets, bringing the total to ...

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
... public commitment towards an "enhanced" approach to transparent and positive climate advocacy in line with the Paris Agreement. The ACCR has now disengaged over concerns the mining giant lobbied the federal government to remove climate change considerations ...

Olympics flame sparks $10bn pledge to sports equality

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
... particularly within the framework of the Finance in Common movement," Rémy Rioux, AFD director general FiCS chair said. Paris Agreement for Sport and Sustainable Development The Paris Agreement for Sport and Sustainable Development was signed by more ...

SBTi chief Luiz Amaral to step down

ROSE MARY PETRASS  |  THURSDAY, 4 JUL 2024  |  NEWS
... remain focused on our collective efforts to help companies around the world to deliver on the commitments of the Paris Agreement."
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