Institutional investors with more than one trillion dollars in funds have published an open letter to Prime Minister Tony Abbott urging him not to wind back the RET target.
Businesses including GDF Suez, Unilever, Ernst & Young, China Steel and Swiss Re will be among those calling for a price on carbon at this month's UN climate summit, which will coincide with the launch of a new investor-business climate coalition.
AMP Capital says its new restrictions on investing in coal and coal-to-liquids companies will have limited practical effect, but show that investors are alert to massive adjustments taking place in the energy sector.
Investors should build on aviation industry 'greenwash' to establish a strong, global carbon price that could flow to other sectors, Goldman Sachs' former head of risk management has told a Sydney forum.
Major Australian companies are making progress in managing supply-chain water risk but still have a long way to go, according to a survey report released today.