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Showing 1 - 10 of 218 results for "Paris Agreement"

Fossil fuel funding down 20pc: study

ROSE MARY PETRASS  |  FRIDAY, 24 MAY 2024  |  NEWS
Financing for fossil fuel companies has fallen sharply overall since the Paris Agreement was inked in 2016 but progress among the world's top banks has been mixed. The world's 60 largest banks, including Australia's Big Four banks, committed US$6.9 ...

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
... with 171 focus companies - the largest emitters in the world - on their plans to decarbonise in line with the Paris Agreement. Since CA100+ launched, there has been no change in votes on directors Market Forces has found. This includes for six of the ...

Upskill needed as mandatory reporting looms

ROSE MARY PETRASS  |  TUESDAY, 9 APR 2024  |  NEWS
... have risen to this demand with gusto. While only 20% of Australian businesses have strategies in line with the Paris Agreement, executives feel confident that they will meet decarbonisation targets and achieve net positive impacts in the next decade. ...

AXA IM warns companies on climate lobbying

ROSE MARY PETRASS  |  THURSDAY, 22 FEB 2024  |  NEWS
... has changed its voting policy, stating it will this year hold to account companies that actively lobby against Paris Agreement goals, and use its voting power to help facilitate transition finance. The investment manager in a statement emphasised the ...

Japan issues first climate transition bond

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
... to the government's efforts to develop Japan's transition pathway toward net zero by 2050 and alignment to the Paris Agreement. JCRA hopes the government's strong initiative will help various Japanese corporates which struggle to find a way to attain ...

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

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
... emitters in the world - on their plans to decarbonise their companies, operations and products in line with the Paris Agreement. Nearly 50 Australian fund managers and asset owners belong to the organisation, and Australian focus companies include Adbri ...

Final text of EU ESG laws released

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
... prevent greenwashing, drive investment into sustainability products, and help businesses in the region meet the Paris Agreement. It also includes an amendment to Regulation (EU) 2019/2088 - a text on sustainability‐related disclosures in the financial ...

Aussie investors prepare for new EU rules

ROSE MARY PETRASS  |  WEDNESDAY, 7 FEB 2024  |  NEWS
... EU comply to the new directives. Mandatory adoption of climate transition plans and corporate alignment to the Paris Agreement "is a no brainer in this day and age," Samarakoon told FS Sustainability. "Our globalised supply chains pose challenges for ...

Investors push for nature in climate plans

ROSE MARY PETRASS  |  TUESDAY, 6 FEB 2024  |  NEWS
... nature in transition plans would enable companies to transform their business models in-line with the goals of the Paris Agreement... [and] enable companies to take a more holistic approach to net zero and broader sustainability goals. While a single ...

Australia climbs quickly on climate policy development

ROSE MARY PETRASS  |  MONDAY, 5 FEB 2024  |  NEWS
... although the regulations are consistent with international peers and send a signal that Australia is committed to the Paris Agreement, the organisation is "concerned that the current drafting of the requirements will not achieve this objective and could ...
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