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Showing 111 - 120 of 367 results for "Scope 1"

No pause button on greenwashing action: ASIC

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
ASIC is updating its enforcement approach to greenwashing-type misconduct in response to a global rise in sustainability-related products and product strategies. ASIC deputy chair Karen Chester this week outlined a plan for the corporate, market and ...

CEFC invests $80m in Pacific Equity Partners fund

RACHEL ALEMBAKIS  |  TUESDAY, 9 MAY 2023  |  NEWS
The Clean Energy Finance Corporation (CEFC) has allocated up to $80 million into a private equity strategy that will focus on decarbonisation across Australian mid-market infrastructure. The CEFC has invested in the $1.4 billion Pacific Equity Partners ...

New collaboration to create TCFD for social risks

ROSE MARY PETRASS  |  TUESDAY, 2 MAY 2023  |  NEWS
The Taskforce on Inequality-related Financial Disclosures (TIFD) and the Taskforce on Social-related Financial Disclosures (TSFD) have announced their consolidation into a single initiative to address social and inequality risks in financial reporting. ...

Hong Kong stock exchange proposes climate disclosures

ROSE MARY PETRASS  |  MONDAY, 17 APR 2023  |  NEWS
The Stock Exchange of Hong Kong has proposed mandatory climate-related disclosure for its listed companies. The exchange has published a consultation paper that proposes enhancement of climate-related disclosures under its environmental, social and ...

Reducing carbon emissions without affecting tracking error: Realindex

RACHEL ALEMBAKIS  |  THURSDAY, 13 APR 2023  |  NEWS
Investors can achieve significant carbon reductions with low tracking error in global equities portfolios, according to research from Realindex Investments. The systematic equities manager recently analysed a basket of global equities indices from December ...

CEFC invests $80m in private equity strategy

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 APR 2023  |  NEWS
The Clean Energy Finance Corporation (CEFC) has committed up to $80 million in a private equity fund that will invest in a range of mid-market companies while driving decarbonisation at the same time. CEFC will invest in Crescent Capital Partners' seventh ...

Karoon Energy aims for net zero 2035 target

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
Oil producer Karoon Energy is implementing strategies in line with its net zero target of 2035 covering Scope 1 and 2 emissions. The company, which operates assets in Brazil, is implementing the result of a strategic corporate review that incorporates ...

CEFC doubles investment in Artesian bond fund

RACHEL ALEMBAKIS  |  FRIDAY, 31 MAR 2023  |  NEWS
The Clean Energy Finance Corporation (CEFC) is doubling its investment in the Artesian Green and Sustainable Bond fund. CEFC has increased its allocation from $25 million to $50 million. As part of the investment, Artesian is developing a new investor ...

AGL saved from HESTA divestment

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
HESTA, the Australian industry superannuation fund for workers in health and community service sectors, has removed AGL from its list of companies marked for divestment. This comes as Damien Nicks was appointed CEO of AGL in January. The energy company ...

Bank Australia sets interim 2030 net zero target

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2023  |  NEWS
Bank Australia has announced that it will aim to reduce its carbon emissions by 64% by 2030 as an interim step to net zero by 2035. The mutual bank's target, which applies to Scope 1, 2 and 3 emissions and covers its financed emissions, has been validated ...