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Showing 1 - 10 of 100+ results for Rose Mary Petrass

UN-informed tool to assess SDG progress

ROSE MARY PETRASS  |  TUESDAY, 28 NOV 2023  |  NEWS
Bloomberg ESG has integrated a United Nations' framework to assess the alignment of companies to Sustainable Development Goals (SDGs). The tool incorporates the UN Environmental Programme Finance Initiative (UNEP FI) Sector Impact Map to move needle ...

Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
An independent review to be released next month will inform how Canberra moves forward amid criticisms of its Australian Carbon Credit Unit (ACCU) scheme. Ahead of release, FS Sustainability has learnt the recommendations won't address modern slavery ...

Rest invests $1b in Quinbrook green data centres

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
Superannuation firm Rest will invest $1 billion in renewable and clean energy infrastructure manager Quinbrook Infrastructure Partners. The commitment will support the energy transition, providing exposure to a range of assets including solar and battery ...

Slow progress on human rights in business

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
Most companies are failing on human rights and gender performance, according to The World Benchmarking Alliance (WBA). WBA recently released its Corporate Human Rights Benchmark and Gender Benchmark. The human rights benchmark ranked 110 of the world's ...

Surge in executive support for sustainability

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
There has been a threefold growth in executives acknowledging the business case for sustainability, but, heightened understanding has not yet translated into increased investment. A global survey of 2151 executives across 718 large organisations finds ...

Capacity Investment Scheme expansion to jolt renewable energy

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
Investors support the federal government's announcement of an expansion to the Capacity Investment Scheme (CIS) to 32 GW of renewable energy - up from 9 GW - to enable the federal renewable energy target of 82% by 2030. Federal Climate and Energy ...

BlackRock's Evergreen Infrastructure fund scores US$1bn

ROSE MARY PETRASS  |  TUESDAY, 21 NOV 2023  |  NEWS
BlackRock's core infrastructure equity strategy will invest in energy transition and security, as the open-ended fund makes its first investment to acquire a US commercial and industrial solar and battery platform. With nearly US$1 billion in commitments ...

Only one sector set to meet emissions reduction targets

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
The global push for emissions reduction is failing across most sectors, with all but two increasing emissions and widening gaps to targets. Steel has emerged as the most successful performer, with emissions reduced at more than the rate needed to achieve ...

Corporate net zero plans at odds with anti-climate lobbying

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
Despite widespread corporate commitments to net zero, a significant proportion of global companies engage in lobbying that contradicts their stated environmental goals. While almost all US companies target net zero, most are weakly aligned to their ...

Macquarie opens clean energy arm

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
The world's biggest infrastructure asset manager, Macquarie Asset Management, has launched a $10 billion onshore renewable energy business to attract long-term investment capital. Aula Energy will develop and operate utility-scale wind, solar and ...
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