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Showing 141 - 150 of 382 results for "Scope"

ISSB to require Scope 3 emissions disclosure

RACHEL ALEMBAKIS  |  MONDAY, 24 OCT 2022  |  NEWS
Companies will be required to report Scope 1, 2 and 3 greenhouse gas emissions as part of the International Sustainability Standards Board (ISSB) climate-related disclosure standards. The ISSB voted unanimously to include Scopes 1 2 and 3 at its October ...

bfinance sounds alarm on "overly simplistic" carbon targets

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
... sector was up 23% in the MSCI ACWI, but proved beneficial in the first quarter of 2020." The analysis also pointed out that Scope 3 data is limited, and when Scope 3 emissions are included in the picture, it may not be as easy to make dramatic cuts as ...

Fortescue Metals strengthens 2030 decarbonisation targets

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
Fortescue Metals will deploy US$6.2 billion by 2030 to eliminate fossil fuel use and achieve "real zero" Scope 1 and 2 emissions across its iron ore operations. The company announced this week that their updated decarbonisation plans will "generate ...

ACCR files additional claims in Santos lawsuit

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... Santos again "will apparently seek to procure," ACCR said. "Again, it does not represent modelled reductions in Santos' Scope 1 and 2 emissions, but instead depends upon Santos receiving offsets for reducing its customers' Scope 1 and 2 emissions ...

Big Red Group appoints first chief sustainability officer

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... company said. "In addition, the group will work collaboratively with its 2,500+ supply partners to understand and reduce scope 3 emissions - a significant undertaking in an organisation that represents multiple businesses and industries. "We have a responsibility ...

La Trobe Financial certified by Climate Action

RACHEL ALEMBAKIS  |  TUESDAY, 16 AUG 2022  |  NEWS
... Financial director of ESG and international partnerships Caterina Nesci explained that the firm had identified included Scope 1 gas, fuel and refrigerants, Scope 2 electricity consumption, and Scope 3 - indirect gas, direct fuel, and water as well as ...

Varying levels of progress on modern slavery: IAST APAC

RACHEL ALEMBAKIS  |  THURSDAY, 11 AUG 2022  |  NEWS
... Trafficking (FAST) initiative, has issued its first annual report covering actions taken by participants as well as the scope of the issues facing companies and investors. "The enormity of the problem stands out," said Kate Turner, deputy head of responsible ...

APRA releases climate risk assessment results

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... risks using quantitative or qualitative approaches and set targets, use of more advanced quantitative risk metrics such as scope 3 and financed emissions, and forward-looking exposure to physical and transition risk, was limited," APRA said. "The survey ...

Pact Group commits to reducing emissions 50% by 2030

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... Zealand by 50% by 2030. The sustainable packaging, plastic recycling and reuse company's target covers its direct and indirect Scope 1 and Scope 2 emissions. "Our business activities have a direct impact on the environment and as a leader of the circular ...

NGS Super divests from oil and gas producers

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... predominately Woodside and Santos. The divestment is in line with the fund's announced target of a 35% reduction of Scope 1 and Scope 2 carbon emissions by 2025 within the Diversified MySuper portfolio. The fund has restrictions on holding companies ...