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Showing 61 - 70 of 367 results for Rose Mary Petrass

Super battle on impact investing and returns

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
A new campaign urges Australian super funds to finance ESG matters, as asset owners push back against such member demands. The #5by25 campaign hopes to bolster institutional capital and raise public and private investment in projects that deliver measurable ...

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
Confidence in net zero by 2050 is diminishing, with almost two-thirds of executives now anticipating the world will reach net zero by 2060 or later, up from just over half a year ago. Despite this, most companies are sustaining or ramping up investments ...

CBA launches green business loan

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
Australia's largest lender has rolled out a new financing option for enterprises to fund sustainability projects like renewable energy, energy-efficient upgrades, climate resilience, and nature protection. The Business Green Loan supports organisations ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
While the country's top 30 super funds have lower stakes in Woodside and Santos, they continue to engage with the resource companies while prioritising returns for members. Compared with two years prior, the two energy giants have a larger share ...

More calls for adaptation

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
Adaptation should be rolled out alongside emissions mitigation, says assistant minister for climate change and energy Jenny McAllister. It is estimated that climate change will cost US$1.7-3.1 trillion a year through to 2050 globally. For example, the ...

Why top firms have more women on boards: AICD

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
Top listed companies outperform on gender equality due to shareholder expectation and stronger corporate governance - but the rest of the index will soon follow suit, according to the Australian Institute of Company Directors (AICD). New AICD data finds ...

Canberra targets natural disaster insurance gap

ROSE MARY PETRASS  |  WEDNESDAY, 13 MAR 2024  |  NEWS
... natural hazard events, increases in the cost of rebuilding post-disaster, and asset price inflation. Home insurance costs rose 28% in the year to March 2023, with higher-risk properties copping a 50% increase in premiums, according to the Actuaries Institute. ...

Major indices provide ESG clarity

ROSE MARY PETRASS  |  TUESDAY, 12 MAR 2024  |  NEWS
New data has been released by major indices, hoping to help investors and the businesses they invest in to navigate biodiversity and sustainable finance requirements. The firms, S&P Dow Jones and Deutsche Bank, recently responded to allegations they ...

Canberra funds $111m EV transition

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
Australia's two premier investment vehicles have allocated $55 million in a move aimed at attracting investment and boosting affordability. The Australian Federal Government's Clean Energy Finance Corporation (CEFC) and Australian Renewable Energy Agency ...

Firms wrestle with ESG data challenges

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
Financiers are struggling to cope with new ESG requirements, grappling with data challenges and alignment of sustainability goals with business strategy. New research from Bloomberg finds ESG data is the biggest hurdle. A survey of 200 European financial ...