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Showing 1 - 10 of 603 results for "Shift"

Shareholders walk back on Macquarie climate transparency push

RIDDHIMA TALWANI  |  THURSDAY, 23 JUL 2026  |  NEWS
... solely focusing on the balance sheet positions in green energy which have fallen, as foreshadowed, due to the strategic shift to a fiduciary model and the reduced carrying value of remaining balance sheet investments," Macquarie said. "As noted in the ...

Northern Trust AM Australia shares in $4.3bn climate transition mandate

KARREN VERGARA  |  TUESDAY, 21 JUL 2026  |  NEWS
Northern Trust Asset Management Australia is one of several fund managers that scored a major mandate from Taiwan's Bureau of Labor Funds (BLF) to help manage a total pool of US$3 billion ($4.3bn) for a climate transition investment strategy. The BLF ...

SS&C axes jobs, shifts roles offshore

RIDDHIMA TALWANI  |  MONDAY, 20 JUL 2026  |  NEWS
US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams. Last year, Insignia Financial struck a deal with SS&C to outsource about 1300 staff who worked in its master trust business ...

Roundtable reflections: Is ESG dead?

BETH GOLDSMITH, CARLOTA GARCIA-MANAS  |  MONDAY, 20 JUL 2026  |  NEWS
... influenced company behaviour, reduced risk, or created long-term value - are often more powerful than percentages or scores. This shift reflects a broader realisation: communication matters as much as methodology. If ESG is to maintain credibility, it ...

Quinbrook fund oversubscribed amid energy-transition asset demand

KARREN VERGARA  |  MONDAY, 13 JUL 2026  |  NEWS
Quinbrook Infrastructure Partners closed its Renewables Impact Fund (QRIF II), beating its target that was oversubscribed by £87 million ($168m). QRIF II secured a total of £587 million ($843m) in investor commitments, beating its £500 million ($718m) ...

ECB introduces climate risk overlay for bank collateral framework

VINNY VUCAGO  |  THURSDAY, 9 JUL 2026  |  NEWS
The European Central Bank (ECB) has introduced climate related risk adjustments into its collateral framework. This marks the first time climate transition uncertainty will influence how much banks can borrow against corporate bonds pledged in monetary ...

Anglicare completes Infinite Care deal

VINNY VUCAGO  |  THURSDAY, 2 JUL 2026  |  NEWS
... brands for the immediate future. Anglicare Syndey chief executive of residential care Laurie Boxwell said the focus would now shift to integrating the business and sharing best practice across the expanded organisation. "Our focus now is on building ...

World Bank drops climate financing target under US pressure

RIDDHIMA TALWANI  |  THURSDAY, 2 JUL 2026  |  NEWS
... growth. "We welcome the coming expiration of the CCAP, and upon its long-overdue expiration, expect the Bank to immediately shift its myopic focus on climate and financing volumes," he said. He added the World Bank should not shape and select projects ...

AI-washing and cyber-washing

JAMES NORTH, FRIEDA CHAN, EUGENIA KOLIVOS  |  THURSDAY, 2 JUL 2026  |  NEWS
... risk of privacy, security and data quality when using AI, particularly considering the rapid adoption of AI and overall shift towards more complex and opaque AI techniques which can pose new challenges for risk management * proactively assessing novel ...

Australian government backs EV battery manufacturing

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026  |  NEWS
The government's Australian Renewable Energy Agency (ARENA) has backed commercialisation of Australian EV batteries producer under the Future Made in Australia agenda. The batteries aim to increase charging speeds up to 40% and battery density by 20% ...
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