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Showing 211 - 220 of 831 results for "gas"

Investor group with US$2tr AUM to measure avoided emissions

ROSE MARY PETRASS  |  MONDAY, 29 JAN 2024  |  NEWS
... Mirova and Robeco have led a group of investors with more than US$2 trillion of AUM to develop a global database of greenhouse gas emission avoidance factors to help facilitate transition finance. The initiative, supported by 10 founding partners including ...

Sunshine state issues $2.75bn green bond

RACHEL ALEMBAKIS  |  MONDAY, 29 JAN 2024  |  NEWS
... Sustainability Bond Programme was established in 2018, and it plays a role as NSW has set a net zero target of halving greenhouse gas emissions by 2030. The issuance attracted a wide variety of investors by type and region, with 70% based in Australia ...

China relaunches offsets market, releases biodiversity framework

ROSE MARY PETRASS  |  THURSDAY, 25 JAN 2024  |  NEWS
... Scheme (ETS), state-owned China Central Television (CCTV) reported. ETS is the largest carbon trading market by greenhouse gas volume, covering around 4.7 billion tonnes of carbon emissions in 2022, according to International Carbon Action Partnership ...

Shell shareholders worth €4tr to vote for Paris

ROSE MARY PETRASS  |  MONDAY, 22 JAN 2024  |  NEWS
... climate resolution, co-filed with Europe-based green shareholder group Follow This, requests that the multinational oil and gas company align its medium-term emissions reduction targets with the Paris Agreement. Shareholders will take an advisory vote ...

Ad industry proposes greenwashing code

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
... Petroleum Production and Exploration Association (APPEA) was pulled up for making misleading environmental claims about natural gas as a fuel source. The Advertising Standards Community Panel deemed that a series of television ads by APPEA that ran in ...

TCorp issues first sustainability bond of 2024

RACHEL ALEMBAKIS  |  THURSDAY, 18 JAN 2024  |  NEWS
... Sustainability Bond Programme was established in 2018, and it plays a role as NSW has set a net zero target of halving greenhouse gas emissions by 2030. The issuance attracted a wide variety of investors by type and region, with 70% based in Australia ...

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
... stock, increases BlackRock's exposure to fossil fuels as the firm invests in the Gladstone LNG project in Australia, ADNOC Gas Pipelines, the Río Grande LNG terminal in Texas, and East India Petroleum Ltd, among other high-emissions corporations. ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... invest in emerging markets, and enhance impact investing strategies. It has also committed to reducing its exposure to oil and gas in line with 2°C of warming. As a founding signatory to the Net Zero Banking Alliance, the firm previously stated it plans ...

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
... supervisors need to take up a prominent role in directing finance away from the most environmentally harmful sectors like coal, gas and oil, and set minimum ESG expectations in financial regulation and supervision," Siti Kholifatul Rizkiah, lead author ...

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
... fossil fuels for 95% of its energy as of the latest available data in 2020. Hong Kong firm Power Assets Holding used natural gas a way to reduce its dependence on coal and oil. However, despite setting goals to decrease gas from 53% in 2016 to 24% in ...