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Showing 201 - 210 of 1380 results for "emissions"

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... transition arrangements." As previously covered, the government would introduce a 3-year safe harbour period for Scope 3 emissions and "certain climate-related forward-looking statements" for reports issued between July 2025 and June 2028, limiting action ...

Paris overshoot: are investors prepared?

ROSE MARY PETRASS  |  FRIDAY, 12 JAN 2024  |  NEWS
... barrel of 2.5°C-2.9°C of warming above pre-industrial levels this century, necessitating a steep 42% reduction in emissions in the next six years to curb the rise to the agreed 1.5°C threshold. "Present trends are racing our planet down a dead-end ...

ASX tapped to develop Aussie carbon exchange

RACHEL ALEMBAKIS  |  THURSDAY, 11 JAN 2024  |  NEWS
... 2021, with ASX one of 27 to apply. "Demand for carbon credits continues to increase with government policy focused on emissions levels and corporates seeking to develop compliance measures and meet both regulated and voluntary emissions targets over ...

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
... activities. The tracker analysed data from 47 jurisdictions which represent over 88% of the world's GDP and 72% of global GHG emissions. Notable progress has been made on central banks and pension funds' integration of biodiversity in their portfolios ...

Forestry fund raises $450m for natural capital

ROSE MARY PETRASS  |  MONDAY, 8 JAN 2024  |  NEWS
... Government's Clean Energy Finance Corporation (CEFC), which committed $75 million to the fund. The fund aims to drive down emissions through sequestration, by supporting the development of new greenfield plantations. It will also support the conversion ...

Built industry bodies call for green innovation policy

RACHEL ALEMBAKIS  |  MONDAY, 8 JAN 2024  |  NEWS
... environment in Australia could unlock $49 billion in energy savings between now and 2050 while avoiding 199mt of CO2 emissions, according to a report by the Property Council of Australia and the Green Building Council of Australia. The industry bodies ...

How much does it cost to "green" a portfolio

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... points or 6% more than the move to the "green" benchmark. This extra cost is associated with a 14% decrease in climate emissions intensity compared to the benchmark. Crucial to evaluating investor risk appetite is the finding that different trading strategies ...

Task Force on Climate-Related Financial Disclosures disbanded

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... regulator can take action against directors and reporting entities in relation to forward-looking statements and Scope 3 emissions. Treasury has stated in its consultation paper that companies "will be afforded protection from false or misleading representation ...

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
... global fund manager alleged false and misleading statements in the application of its negative screening for carbon emissions. The firm claimed its NT World Green Transition Index Fund excluded companies that "derive 5% or more of their total annual ...

Two Aussie states ramp up climate ambitions to attract investment

ROSE MARY PETRASS  |  TUESDAY, 19 DEC 2023  |  NEWS
... as part of its net zero by 2050 target. All Australian state and territory governments are now committed to net zero emissions by 2050 or earlier, covering emissions produced within Australia's borders. The majority of states and territories have ...