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Showing 11 - 20 of 24 results for "Science-Based Targets Initiative"

Asia ahead in Science Based Targets race

ROSE MARY PETRASS  |  MONDAY, 28 AUG 2023  |  NEWS
... setting 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 ...

Suppliers on notice: Amazon to enforce emissions reporting

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
... Walmart's 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 ...

Bank Australia sets interim 2030 net zero target

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2023  |  NEWS
... applies to 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 ...

AXA IM sets ESG targets for executive remuneration

RACHEL ALEMBAKIS  |  THURSDAY, 23 FEB 2023  |  NEWS
... supporting the real estate industry to tackle the risks of climate change in line with the aims of the Science Based Targets Initiative. The third metric is the reduction of the corporate operational CO2 footprint, to reach the interim target to reduce ...

Fortescue Metals strengthens 2030 decarbonisation targets

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
... million 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 ...

CleanTech fueling sustainable investment: AXA IM

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 JUN 2022  |  NEWS
... sorts of areas," O'Toole said. "They might be thinking about initially starting with the [Science Based Targets initiative] SBTi or thinking about the first, proper sustainability report... I find it very surprising over the last 18 months or so ...

Sustainable debt, finance in strong start to 2022: ANZ

RACHEL ALEMBAKIS  |  THURSDAY, 23 JUN 2022  |  NEWS
... absolute GHG Scope 1 and 2 emissions in line with the Paris Climate Agreement, as verified by Science Based Targets initiative. This KPI reflects Goodman's focus on sustainability, and failure to meet this targets will mean Goodman has to pay a penalty ...

Blackmores inks $75m sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 5 MAY 2022  |  NEWS
... and determining that the emissions reduction pathway reflected exceeds guidance provided by the Science Based Targets Initiative for a 1.5 degree scenario. "The second area is focused on work to deepen our understanding of human rights in our supply ...

New Forests calls for demand and supply integrity on carbon credits

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 DEC 2021  |  NEWS
... verified; addressing permanence, addressing leakage, and doing no net harm. Organisations such as the Science Based Targets initiative (SBTi), Voluntary Carbon Markets Initiative (VCMI), and Integrity Council for Voluntary Carbon Markets (IC-VCM) are ...

Boral to go net zero by 2050

RACHEL ALEMBAKIS  |  TUESDAY, 7 SEP 2021  |  NEWS
Boral has announced net zero commitments aligned to the Science Based Targets initiative (SBTi). Boral will reduce absolute Scope 1 and 2 emissions by 46% by 2030 and will reduce relevant Scope 3 emissions by 22%, both from a 2019 baseline. The targets ...

Editor's Choice

Green moves: Aware Super, Minderoo Foundation

ELIZABETH FRY
CareSuper hired an ESG specialist from a rival, while Andrew Forrest's Minderoo Foundation appointed an executive director of effective philanthropy.

Macquarie AM takes over Island Green Power

KARREN VERGARA
Macquarie Asset Management (MAM) is now the owner of renewable energy developer Island Green Power, scooping up the remaining 50% stake.

Palliser Capital hits out at Rio Tinto board

ANDREW MCKEAN
Palliser Capital has vowed to continue pressing for governance reform at Rio Tinto after its shareholder resolution calling for an independent review of the miner's dual-listed company structure fell short at the group's annual general meeting.

ISSB looks to ease Scope 3 disclosure requirements

JAMIE WILLIAMSON
The International Sustainability Standards Board has proposed changes to requirements under IFRS S2 to offer clarity around existing reliefs and provide further relief in relation to specific Greenhouse Gas emissions disclosures.

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