Environmental

Natural gas buyout bulldozes investors: Analysts

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
Woodside disregards historic investor rejection of its climate plan; the energy giant's US$1.2bn natural gas takeover negates its US$2.35bn carbon capture buy "more than 21 times over".

Music mecca hits the right note for nature

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
An iconic Aussie music festival is the first entity to invest in a new offering that kills two birds with one stone, as companies start understanding the link between carbon and nature.

Shareholders to pressure supermarkets over seafood sourcing

ROSE MARY PETRASS  |  WEDNESDAY, 28 AUG 2024  |  NEWS
A group of 130 shareholders will attempt to force the major supermarkets to change their seafood suppliers to prevent the extinction of a rare species.

KPMG prints first climate risk report

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
The major professional services business is the latest of the Big Four accounting firms to report on Task Force on Climate-related Financial Disclosures (TCFD).

Catastrophe bill blows up to $90bn

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
A high frequency of strong winds, rain and hail have accounted for the lion's share of insured losses for the first half of 2024 and are the main driver of insurance claims.

Asset managers fast track portfolio targets

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
Net zero target setting and disclosures are on the rise amid growing concern around the financial risks of climate change, according to a group of 325 investors with over US$57.5 trillion AUM.

ISS ESG to plug emissions data shortfall for banks, insurers

MICHELLE BALTAZAR  |  THURSDAY, 1 AUG 2024  |  NEWS
Climate data provider ISS ESG removes one of the biggest hurdles for banks and insurers looking to comply to imminent emissions disclosure laws.

Podcast: Moving business towards a low carbon economy with Jon Dee

THE GREENER WAY  |  TUESDAY, 30 JUL 2024  |  NEWS
Influential public figure, philanthropist Jon Dee is the founder of a number of initiatives including Planet Ark, and chair of the Forest Stewardship Council.

Investors bow to political pressure: IGCC

ROSE MARY PETRASS  |  THURSDAY, 25 JUL 2024  |  NEWS
Climate Action 100+'s local representative confirms two more high-profile exits but insists more funds have signed up than have departed.

RIAA warns against carbon capture

ROSE MARY PETRASS  |  MONDAY, 22 JUL 2024  |  NEWS
A group of over 500 investors cautions investors and companies against gambling their transition plans on unproven and unscaled technology, as the Senate recommends a ban on carbon capture and storage (CCS).