Former Liberal leader John Hewson and ex-ACTU president Sharan Burrows are among those behind a new global campaign that says super funds are largely 'dodgers, stallers, tricksters and pleasers' on climate change, with Hewson accusing funds of hypocrisy for backing corporate transparency through the Carbon Disclosure Project but evading scrutiny of their own actions.
Australia could be almost totally reliant on zero emissions energy by 2050, or even earlier, if it rejigs and expands the Renewable Energy Target and develops a national transport electrification policy, according to a study by WWF and Climate Risk.
The ACF will run two more investor briefing on the James Price Point project next week, reflecting the investment community's growing interest in what environment groups have to say, according to the NGO's economic adviser Simon O'Connor.
Institutional investors are using tools such as portfolio carbon footprinting, shareholder resolutions and adaptation strategies to manage climate change risk, according to a new survey of their practices in Europe, the US and Australia.
Major companies including AGL Energy, BlueScope, Fosters, Lend Lease, Origin Energy and Macarthur Coal declined to participate in a project designed to give institutional investors insights into how they manage water risks, according to a new report.
Australian and international investor groups have demanded that oil and gas companies demonstrate that they are effectively controlling fugitive methane emissions, and they want intensive gas users to exert pressure as well.
The Minerals Council, the Farmers Federation and the WA and NSW governments have opposed the introduction of a Federal Wildlife Corridors Act, while key environment groups propose EPBC Act changes as an alternative or adjunct.
Three Australian banks are listed in a new global carbon performance leadership index prepared by the prestigious Carbon Disclosure Project, while a regional report due out in November will detail how the ASX200 and NZ50 are faring.
Investors have cautioned that companies will need to explain their intent in funding carbon price campaigns and have warned that any difference between corporate rhetoric and actions will trigger 'alarm bells'.