Climate, energy and resources
Macquarie isn't backing away from its expansive bet on financing the energy transition despite a big profit hit and signs that investors may be losing patience.
The bank's commitment to climate solutions remains intact despite a slowdown in the selling of green assets hitting its full-year result.
ASIC chair Joe Longo warned fund managers remained responsible for decisions they outsource to other managers while building their ESG funds.
BHP CEO Mike Henry's push to diversify the mining giant via a $60 billion bid for Anglo American could be a career-defining moment — if he can avoid the fate of his predecessors.
Most of the big four banks will actually be financing more CO2 emissions in 2030 than they do today courtesy of loopholes in their fossil fuel exclusion policies.
Anglo American has rejected BHP's initial approach, but this saga is far from over. The target's board is not the only roadblock to a deal, with ESG concerns another key factor.
The big Australian is going after the London listed diversified miner Anglo American in what would be one of the biggest, if not the biggest, corporate deal in its 139 year history.
Hydrogen fuel cells offer several advantages over EVs when it comes to heavy vehicles. But while EV technology is charging ahead, the cost of hydrogen remains stubbornly high, making it unlikely to prevail in the short term.
