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Showing 211 - 220 of 382 results for "Scope"

Powerful signal on climate with votes, court decisions

RACHEL ALEMBAKIS  |  THURSDAY, 27 MAY 2021  |  NEWS
... supported a resolution filed by Follow This calling on the company to set targets to reduce all of its emissions, including Scope 3, and at least two directors nominated by activist hedge fund Engine No. 1 have been elected to the board of ExxonMobil. ...

JANA hires first head of sustainability

RACHEL ALEMBAKIS  |  MONDAY, 24 MAY 2021  |  NEWS
... decision to augment the firm's sustainability capabilities was driven by a strategic decision to broaden JANA's scope and resources to the ESG and sustainability sector. The role will include a specific focus on climate change and the transition ...

$515 million sustainability loan anchors seaport refinance

RACHEL ALEMBAKIS  |  THURSDAY, 20 MAY 2021  |  NEWS
... under the green eligibility criteria," Spiteri said. The SLL is aligned to five environmental and social goals: to keep Scope 1 and 2 GHG emissions below the 2025 trajectory level based on Port of Newcastle's Well Below 2-degree scenario; 100% of ...

Property fund inks multi-billion dollar sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 6 MAY 2021  |  NEWS
... chain initiatives. "The key one that's more top of everyone's mind has been the reduction in gross intensity of Scope 1 and 2 greenhouse gas emissions," Bassett says. ISPT will be targeting absolute emissions reductions while still planning to ...

AMP Capital Wholesale Office Fund hits net zero target

RACHEL ALEMBAKIS  |  TUESDAY, 4 MAY 2021  |  NEWS
... electricity over recent years." AMP Capital's zero net carbon target for its entire managed real estate portfolio covers Scope 1 and 2 emissions, and renewable energy procurement is the most significant component of this strategy. Scope 1 emissions are ...

Assessing ambition of green bonds: BNP Paribas Asset Management

RACHEL ALEMBAKIS  |  THURSDAY, 15 APR 2021  |  NEWS
... BNP Paribas Asset Management takes a strict lens in identifying green bonds that meet tighter definitions of impact and scope when investing for its green bond strategy, noted Felipe Gordillo, senior ESG analyst at BNP Paribas Asset Management. The standards ...

Coles sets net zero target with absolute emissions reductions

RACHEL ALEMBAKIS  |  THURSDAY, 8 APR 2021  |  NEWS
... Zero. As part of the climate pillar, Coles commits to deliver net zero greenhouse gas emissions by 2050 and cut combined Scope 1 and 2 greenhouse gas emissions by more than 75% by the end of the 2030 financial year, based on a 2020 baseline. To accomplish ...

Real estate investment group issues $300 million green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 MAR 2021  |  NEWS
... green bond issue follows Lendlease's announcement of two new sustainability targets - committing to net zero carbon for scope 1 and 2 emissions by 2025, and absolute zero carbon across all operations, including the supply chain, by 2040, and committing ...

Green bond boom, but investors look to value proposition

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 MAR 2021  |  NEWS
... manager noted. "Generally speaking, we see green bonds and non-green tracking fairly closely," Moore said. "There is not much scope for a massive widening over the longer term or a time where you'd have a different credit rating for a green bond ...

Companies making net zero commitments they need to keep: investors

RACHEL ALEMBAKIS  |  THURSDAY, 25 MAR 2021  |  NEWS
... an ambition to achieve net-zero by 2050 or sooner. However, roughly half of these commitments (44) do not cover the full scope of the companies' most material emissions. No focus company assessed performed at a high-level across all of the nine key ...