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Showing 1 - 10 of 54 results for "extraction"

Role for finance after No vote

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... is developing renewables projects that require at least 50% co-ownership with First Nations groups. Critical mineral extraction, wind, and solar energy developments all implicate Indigenous lands and communities across Canada, including 20% of Canada's ...

NSW Anti-slavery commissioner raises alarm on ASX risk

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
... Korea, China and India," Cockayne said. FLORET estimates that sectors with higher risk include mining, oil and gas extraction, manufacturing and construction. "In some ways this is not surprising," Cockayne said. "Modern slavery risks tend to be higher ...

Coal mine case sets climate risk precedent

ROSE MARY PETRASS  |  THURSDAY, 12 OCT 2023  |  NEWS
... dispute" the "very detailed" supporting evidence detailing the impact of greenhouse gas emissions associated with the extraction and burning of coal on anthropogenic climate change, nor the effect of climate change on many Matters of National Environmental ...

Climate risk or opportunity for insurance sector

ROSE MARY PETRASS  |  THURSDAY, 5 OCT 2023  |  NEWS
... insurance sector to capitalise on that climate risk and transition. As the economy requires a six-fold increase in mineral extraction to power the new economy, and Australia has vast reserves, he pointed out the massive opportunities for insurance sector ...

US regulator adopts tighter rules for ESG fund names

RACHEL ALEMBAKIS  |  THURSDAY, 21 SEP 2023  |  NEWS
... or deceptive ESG labels is not acceptable. Today, we see funds with ESG in their names holding dozens of fossil fuel extraction companies and coal-fired utilities. The plain English meaning of 'fossil free' should rule out these holdings. We ...

Bank says fossil fuel exclusions "will bite" in the future

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... forward they will play no part in the provision of loans, underwriting or investments to aid the expansion of fossil fuel extraction, production or infrastructure. Zak Gottlieb, director and co-founder of Bank.Green said Fossil Free Certification "is ...

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
... statements said were excluded. ASIC noted that the Sustainable Plus options had Investments in 15 companies involved in the extraction or sale of carbon intensive fossil fuels (including AGL Energy Ltd, BHP Group Ltd, Glencore PLC and Whitehaven Coal ...

Global development banks release joint principles towards Paris alignment

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
... four activity types not aligned with the Paris Agreement: mining of thermal coal, electricity generation from coal, extraction of peat, and electricity generation from peat. MDBs are allowed to undertake non-universally aligned activities if "managed ...

ASIC takes Mercer to court over greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023  |  NEWS
... statements said were excluded. ASIC noted that the Sustainable Plus options had Investments in 15 companies involved in the extraction or sale of carbon intensive fossil fuels (including AGL Energy Ltd, BHP Group Ltd, Glencore PLC and Whitehaven Coal ...

UniSuper caps future investment in fossil fuel

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
... a cap on fossil fuel exposure of 7% and has divested from companies that generate more than 10% of revenue from the extraction and production of thermal coal. UniSuper has issued its fifth annual climate risk report, detailing the $108 billion super ...
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