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Showing 91 - 100 of 682 results for "net zero"

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... schedule. Last year, Commonwealth Bank announced that from 2025 it would not provide loans without strong transition plans. Net zero transition plans are increasingly being scrutinised by investors, regulators and the public as a measure of a company's ...

BHP, Rio Tinto, Qantas back carbon credits fund

JAMIE WILLIAMSON  |  FRIDAY, 16 AUG 2024  |  NEWS
... operations to meet our FY2030 target, but we anticipate a role for carbon credits as part of achieving our 2050 goal for net zero Scope 1 and Scope 2 GHG emissions from our operations, and to meet compliance obligations under the Safeguard Mechanism ...

Podcast: A just transition for regional Australia with Amanda Cahill

THE GREENER WAY  |  TUESDAY, 13 AUG 2024  |  NEWS
No one should be left behind in the transition to a net zero economy - and behind the scenes, both private and public sectors are working hard to understand where funding needs to flow. But putting aside nice-to-haves, will achieving a just transition ...

Disorderly transition may spark financial meltdown

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... contributions (NDC), as well as regulatory changes as half the world heads to the polls, may spark a "disorderly transition" to net zero. In a disorderly transition to net zero, global losses from stranded fossil fuel assets could amount to US$2.5 trillion ...

UK pension giant eyes Australian timber

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2024  |  NEWS
... ecosystem such as forestry, water and agriculture are closely linked to climate change mitigation and adaptation. Achieving net zero emissions by 2050 will require natural capital preservation." Campbell Global chief executive and chair John Gilleland ...

Quinbrook closes clean energy capital raise at $3bn

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... specialist global infrastructure investment manager, has closed its largest-ever capital raise at $3 billion for the Net Zero Power Fund. The strategy focuses on large-scale solar, renewable fuels, power generators, and battery storage. This marks Quinbrook's ...

Asset managers fast track portfolio targets

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
Net zero target setting and disclosures are on the rise amid growing concern around the financial risks of climate change, according to a group of 325 investors with over US$57.5 trillion AUM. The group - Net Zero Asset Managers (NZAM) - aims to decarbonise ...

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
... greenwash as a form of investor deception," Buckley said. Making public statements that a company is taking action on net zero, and then privately lobbying or funding lobbyists to undermine this action, "is illegal". "Investors absolutely need to know ...

QIC replaces real estate managing director

KARREN VERGARA  |  MONDAY, 29 JUL 2024  |  NEWS
... Victoria where he was the sustainability discipline lead. Loh joined from Cromwell Property Group where he led the global net zero strategy and co-led the group sustainable finance framework to incentivise decarbonisation. They report to Andrew Sellick ...

First Environmental Futures trade on ASX

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
... definition, is uncertain, and ASX-hosted Environmental Futures will be a key instrument in managing risk and supporting the net zero targets of organisations and policymakers," said Sinclair. ASX had flagged the release of the new carbon futures contracts ...