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Showing 101 - 110 of 410 results for "Scope"

New code of practice guidance for voluntary carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... and assurance framework, and labels for making "carbon integrity" claims. VCMI also launched a beta test version of a new Scope 3 flexibility claim, designed to enable companies to offset indirect Scope 3 emissions through high-quality carbon credits ...

Loss and damage funds a key consideration for COP28

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
The shape and scope of a global fund on loss and damage, the integration of climate into biodiversity, and how human rights and the just transition figure into government, business and investor commitments are all topics of interest at the forthcoming ...

Surge in executive support for sustainability

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... revenue increased by just 0.01% compared to last year. Organisations are also falling short on measuring and collecting Scope 3 emissions, with the share of organisations that are monitoring Scope 3 falling from 60% in 2022 to 51% in 2023. The share ...

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... is considering widening its greenwashing focus to include net zero statements, use of terms like "carbon neutral" and the scope and application of investment exclusions and screens. While recent and ongoing cases have centred on misleading and deceptive ...

New tools available to help investors meet Paris Agreement

ROSE MARY PETRASS  |  FRIDAY, 17 NOV 2023  |  NEWS
... benchmark A new benchmark from the Global Impact Investing Network finds that impact investments in the energy sector decrease Scope 1 and Scope 2 emissions while boosting energy production. The new benchmark helps investors compare their performance ...

Sustainable bonds underperform on climate targets

ROSE MARY PETRASS  |  THURSDAY, 16 NOV 2023  |  NEWS
Sustainability Linked Bonds are more likely to achieve emissions reductions targets than use of proceeds bonds, but many labelled bond users are not tracking to meet 2050 net zero targets. Corporate issuers are increasingly turning to labelled bonds ...

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
... is considering widening its greenwashing focus to include net zero statements, use of terms like "carbon neutral" and the scope and application of investment exclusions and screens. "Our enforcement actions in response to concerns of greenwashing misconduct ...

Igneo refinances green credit facility

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
... CO2e," Element said. "Of our global portfolio of companies, 19 of 25 companies have set net zero targets and 20 now report on scope 3 emissions, up from seven the prior year. "The GTCF reinforces our momentum towards our goals as we aim to have a final ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
Treasury's proposed three-year moratorium on private litigation related to Scope 3 reporting as part of its proposed mandatory climate-related financial disclosure package has raised fears that it would give companies the green light to greenwash. ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... and soil health), pollution (including water and air quality, hazardous substances, and plastic waste), climate change (Scope 1, 2 and 3 emissions), and invasive alien species. It will also assess sustainability strategy, accountability, stakeholder ...