UBS delays climate target to 2035BY KARREN VERGARA | FRIDAY, 21 MAR 2025 1:06PMUBS has delayed its climate targets deadline to 2035 for its operations and flagged it is scrapping its mission to align 20% of total assets within its asset management unit to net zero. Related News |
Editor's Choice
Green moves: Aware Super, BlackRock, Taylor Fry
A Housing Australia executive moves to BlackRock, while Aware Super welcomes a climate reporting and sustainability manager and Taylor Fry sees the return of a veteran actuary.
'Surreal', 'difficult' times for sustainable investors: RIAA
A leading voice for sustainable investing in the US admits the anti-ESG movement has been "difficult" and "surreal" as investors fear being overly scrutinised, the Responsible Investment Association Australasia (RIAA) Conference heard. There are, however, some bright spots.
Young workers drive DEI in workplace: RIAA panel
The windchill of politics on diversity, equity and inclusion (DEI) programs fronts a deadly counterpoint - young professionals entering the workforce with zero tolerance for inappropriate workplace behaviour.
QIC completes equity raise, refinancing for Pacific Energy Group
QIC has completed a $370 million equity raise and $1.6 billion debt refinancing for Pacific Energy Group (PEG) for a contracted capacity of 946 megawatts (MW) across 48 sites.