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Showing 241 - 250 of 1761 results for "energy"

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
Almost half (42%) of energy companies on Citi bank's loan book do not have climate transition plans. The US bank's recently released climate report ranked energy companies from "low" to "strong" based on emissions reduction plans. It found current transition ...

Philanthropic donations under scrutiny

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
... political versus philanthropic activities. While some of the companies that donated prohibit political donations, Woodside Energy told FS Sustainability that its Voice donation was political. ANZ, Commonwealth Bank, Westpac and Woodside are among the ...

Flawed carbon credits add to business risk

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
... the Safeguard Mechanism. They could face financial penalties of $250 per tonne of CO2-e. AGL, EnergyAustralia, and Origin Energy - Australia's top three emitters - reported Scope 1 emissions of a respective 42.2 million, 17.9 million, and 16 million ...

Canberra acts on billion-dollar net zero plan

ROSE MARY PETRASS  |  WEDNESDAY, 3 APR 2024  |  NEWS
... industries get new employment and training - and workers impacted by select coal and gas power station closures also get an Energy Industry Jobs Plan. Investors welcome to move, warning a vacuum of authority causes project delays. Australian Council ...

Shared Value founder heads up regional alliance

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... the interim, including as head of responsible investment at Mutual Trust, and advising the Department of Climate Change, Energy, the Environment and Water (then Department of Environment, Land, Water and Planning) regarding funding models for Traditional ...

Directors welcome new climate reporting regime

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... support Australia's reputation as an attractive destination for international capital and incentivise investment in the energy transformation. The Australian Institute of Company Directors (AICD) welcomed the development. Managing director and CEO ...

Larry Fink letter urges pragmatism

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
... waxed poetic on the old age question, fear, and the savings strategy of stuffing money under mattresses. He also said the energy transition is not a straight line and requires "pragmatism". This means Larry Fink believes that not only can energy security ...

Key sector could boost economy by $100 billion

ROSE MARY PETRASS  |  FRIDAY, 22 MAR 2024  |  NEWS
... as green bonds can be used to allocate funding towards research and development initiatives in areas such as renewable energy and green hydrogen. Blended finance and public-private partnerships can also be used to boost innovation. STA says the finance ...

Institutional investors shift gears amid "new market regime"

ANDREW MCKEAN  |  FRIDAY, 22 MAR 2024  |  NEWS
... the survey of more than 800 institutional investors, which manage US$18 trillion, was a strong appetite for exposure to energy innovations and infrastructure projects. Over half of global investors (55%) believe that they can significantly influence ...

Kiwi energy broker sparks interest across the pond

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
New Zealand-based gas, power, and carbon markets brokerage firm Aotearoa Energy has attracted the attention of UK market infrastructure firm TP ICAP in a takeover deal. The buyout is for an undisclosed sum. TP ICAP said the acquisition is complementary ...