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Preqin offers ESG benchmark for alternatives

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... financial data provider has launched a new ESG fund performance benchmark in what it says is a market first. The standard covers environmental, social and governance (ESG) fund performance win the context of wider private market asset classes (private ...

Deutsche Bank links 33% of long-term bonuses to non-financial targets

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... carbon-intensive sectors are oil and gas, power generation, automotive, and steel, coal mining, cement, and shipping. This covers 54% of the bank's financed emissions. The bank is eyeing further expansion, with plans to target two additional sectors ...

Grok Ventures appoints new CEO

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024  |  NEWS
... establish milestones that unlock additional forms of financing." Grok's current investment portfolio across climate tech covers software (gridmo, Neara, WeaveGrid), renewables generation/storage hardware (SunDrive, Antora), sustainable fuels (Lydian) ...

Australia climbs quickly on climate policy development

ROSE MARY PETRASS  |  MONDAY, 5 FEB 2024  |  NEWS
... announced by respective governments. Additionally, the European Union put out a total of 32 new climate policies. The data covers the period from November to June 2023, and was compiled by IPR, a climate transition forecasting consortium commissioned ...

China relaunches offsets market, releases biodiversity framework

ROSE MARY PETRASS  |  THURSDAY, 25 JAN 2024  |  NEWS
... framework that organisations can use to uncover their impacts and dependencies on the ecosystems in which they operate. It covers biodiversity mainstreaming, reducing biodiversity loss, and modernising biodiversity governance. The plan states that "select ...

$200m social housing catalyst for clean energy sector

ROSE MARY PETRASS  |  WEDNESDAY, 17 JAN 2024  |  NEWS
... heat in homes. "Social housing represents some of the least energy efficient homes in the country, and this announcement covers about 6% of them. Millions more live in homes that simply can't handle rising heat, with low-income families the most at risk ...

Podcast: Banking on the future with Australia's green bank

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... consultation paper, outlining a broad range of measures aimed at developing Australia's sustainable finance markets. The paper covers a range of activities that have been put in place since Anthony Albanese's Labor government came to power in ...

Nature Market Repair Bill passes Senate

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 DEC 2023  |  NEWS
... agreement with Greens that saw a controversial proposal to include biodiversity offsets struck from the legislation. The scheme covers all land tenure and water, eligible landholders who undertake voluntary projects that enhance or protect biodiversity ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... planning will commence, with emission reduction plans to be provided by end of financial year 2023/2024." The strategy covers a range of services across government, including energy, buildings, ICT sustainable fleet and a forthcoming "principles-based ...

Treasury spruiks CEFC role in sustainable finance strategy

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
... consultation paper, outlining a broad range of measures aimed at developing Australia's sustainable finance markets. The paper covers a range of activities that have been put in place since Anthony Albanese's Labor government came to power in ...
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