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Showing 11 - 20 of 32 results for "SBTi"

Asia ahead in Science Based Targets race

ROSE MARY PETRASS  |  MONDAY, 28 AUG 2023  |  NEWS
... targets, as more companies set targets in one year than in the seven years previously. The Science Based Targets initiative (SBTi) has reported 1097 companies set science-based targets in 2022 - a rise of 87% and more than the past seven years combined ...

Suppliers on notice: Amazon to enforce emissions reporting

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
... Project Gigaton gives suppliers the option to set targets and have them validated by the Science Based Targets Initiative (SBTI). Amazon will also help "select suppliers" transition to renewables. Walmart and Apple have also adopted similar strategies. ...

Just 5% of global emissions covered by corporate targets

ROSE MARY PETRASS  |  TUESDAY, 20 JUN 2023  |  NEWS
... companies from the FTSE 100 and S&P 500, 31 companies (31% of index) and 59 companies (12% of index) respectively had 1.5 aligned SBTi targets. The tracker found disclosed corporate targets would not be enough to limit warming to a Paris-aligned 1.5°C ...

Amundi launches suite of Net Zero funds

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
... low carbon intensity, issuers with a decarbonisation objective, as well as issuers with forward-looking objectives such as SBTi targets and credible temperature trajectories, along with other climate and ESG metrics. The strategy is managed by global ...

Asian companies setting net zero goals, lagging on capital alignment

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... but compared to global peers, that also lags, Dai said. Verification of climate targets is also limited, the report found. "SBTi is a globally recognised verification standard, but only 8 companies are planning to get their targets verified," Dai said. ...

Bank Australia sets interim 2030 net zero target

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2023  |  NEWS
... Scope 1, 2 and 3 emissions and covers its financed emissions, has been validated by the Science Based Targets Initiative (SBTi). Bank Australia said its residential mortgage portfolio accounts for over 90% of its total emissions currently, and the bank ...

Juicing up gender equity with Orange Bonds

RACHEL ALEMBAKIS  |  TUESDAY, 21 MAR 2023  |  NEWS
... towards rebalancing the portfolio towards more ESG rigor - for example, alignment to the [Science-Based Targets Initiative) SBTi.... This theme is not going to disappear even if we encounter temporary headwinds in market." Shahnaz notes that empowering ...

Brambles launches Australian-first circular economy green bond

RACHEL ALEMBAKIS  |  TUESDAY, 21 MAR 2023  |  NEWS
... pledged. As part of that new deadline, Brambles set 2030 interim targets approved by the Science Based Target Initiative (SBTi), which include a 42% reduction in absolute Scope 1 and 2 GHG emissions on 2020 levels and a 17% reduction in absolute Scope ...

Frasers Property inks fresh sustainability-linked loans

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 FEB 2023  |  NEWS
... to embodied and operational carbon across Scopes 1, 2 and 3 emissions, in line with the Science-based Target Initiative (SBTi). The SLL was underwritten by a syndicate of four banks as mandated lead arrangers, underwriters, bookrunners and sustainability ...

Fortescue Metals strengthens 2030 decarbonisation targets

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
... GJ of gas per annum by 2030, as well as the associated reduction in CO 2 emissions. The Science Based Targets Initiative (SBTi) will verify and audit Fortescue's progress on emissions reductions. Setting goals aligned with the SBTi can be an indicator ...