Search Results

Showing 21 - 30 of 1535 results for "energy"

Larry Fink letter urges pragmatism

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
... waxed poetic on the old age question, fear, and the savings strategy of stuffing money under mattresses. He also said the energy transition is not a straight line and requires "pragmatism". This means Larry Fink believes that not only can energy security ...

Key sector could boost economy by $100 billion

ROSE MARY PETRASS  |  FRIDAY, 22 MAR 2024  |  NEWS
... as green bonds can be used to allocate funding towards research and development initiatives in areas such as renewable energy and green hydrogen. Blended finance and public-private partnerships can also be used to boost innovation. STA says the finance ...

Institutional investors shift gears amid "new market regime"

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024  |  NEWS
... the survey of more than 800 institutional investors, which manage US$18 trillion, was a strong appetite for exposure to energy innovations and infrastructure projects. Over half of global investors (55%) believe that they can significantly influence ...

Kiwi energy broker sparks interest across the pond

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
New Zealand-based gas, power, and carbon markets brokerage firm Aotearoa Energy has attracted the attention of UK market infrastructure firm TP ICAP in a takeover deal. The buyout is for an undisclosed sum. TP ICAP said the acquisition is complementary ...

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

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... transformation, with an expected volume of €400 million - at least half of which has been earmarked for financing clean energy. In a letter to stakeholders, CEO Christian Sewing said the bank will continue its target of €500 billion by 2025, despite ...

Super battle on impact investing and returns

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... conference representatives from Industry Super, Aware Super and HESTA pushed back - telling the crowd that financing the energy transition and solutions for the housing crisis were not in the super funds' mandates. Some Aussie super funds have already ...

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... businesses. Interestingly, Australia and New Zealand were identified as within the top three investible regions for the energy transition - but not for Asia-Pacific executives. In 2023, 54% of executives surveyed saw 2050 as a realistic net zero goal. ...

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
... 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 of the stock market but saw lower investment from asset owners relative to the companies' ...

Members shouldn't carry energy and housing

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
... purpose of superannuation. "There's no doubt that super funds will play a substantial part in providing capital for the energy transition, but the government also has a role," Schroder explained. There are 3.4 million members of AustralianSuper with ...