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Showing 11 - 20 of 374 results for "Scope"

Carbon price could stall $600bn super loss

ROSE MARY PETRASS  |  FRIDAY, 4 OCT 2024  |  NEWS
... financed emissions data and climate risk analyst. This is because the true current carbon exposure of the ASX300, including Scope 3 emissions, amounts to approximately $600bn. This equates to a three-percentage point headwind to year-on-year returns ...

Expect audit standards by Christmas

ROSE MARY PETRASS  |  MONDAY, 23 SEP 2024  |  NEWS
... involved in the value chain of larger Group 1 and 2 entities, requiring them to provide greenhouse gas emission data to meet Scope 3 GHG disclosures," Conway said.

Natural gas buyout bulldozes investors: Analysts

ROSE MARY PETRASS  |  THURSDAY, 5 SEP 2024  |  NEWS
... capture buy "more than 21 times over". Woodside's US$1.2bn bid for Tellurian and its Driftwood LNG project would raise Scope 1 and 2 emissions by 154% on 2023 levels, finds Market Forces analysis. This comes after a recent US$2.35bn takeover of Texas' ...

Firms on back foot: Warning on reporting delays

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
... towards sustainability goals in the past year. Data quality is a top challenge for 57% of large companies, particularly on Scope 3 emissions reporting. Just 15% of companies disclose Scope 3, while 74% report on Scope 1 emissions. To change this, 50% ...

Senate passes landmark climate reporting and net zero authority laws

ROSE MARY PETRASS  |  FRIDAY, 23 AUG 2024  |  NEWS
... consumers and investors rely on that quality of information." "Our goal is to provide guidance and support. We recognise the scope of this change." Identifying which entities fall under the regime is "complicated", AICD head of policy Christian Gergis ...

KPMG prints first climate risk report

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
... firm set its first climate action plan in 2018, with a goal to halve emissions by 2030 from a 2019 baseline. It has now cut Scope 1, 2, and 3 emissions by 28%. Roughly one-fifth of its ASX-200 listed clients have now publicly set Science Based Targets ...

BHP, Rio Tinto, Qantas back carbon credits fund

JAMIE WILLIAMSON  |  FRIDAY, 16 AUG 2024  |  NEWS
... operations to meet our FY2030 target, but we anticipate a role for carbon credits as part of achieving our 2050 goal for net zero Scope 1 and Scope 2 GHG emissions from our operations, and to meet compliance obligations under the Safeguard Mechanism ...

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... of 3.2 Mtpa CO2-e, Woodside CEO Meg O'Neill said the purchase is "a material step" towards delivering over 60% of its Scope 3 financed emissions target of US$5bn by 2030. Woodside has not set a Scope 3 target, and its Scope 3 emissions are projected ...

Tech giant hits environment target

ROSE MARY PETRASS  |  THURSDAY, 11 JUL 2024  |  NEWS
... Climate Pledge. According to Amazon's recently released sustainability report, the company's direct operational emissions (Scope 1) increased by 7% in 2023. The company attributes this primarily to its transportation and logistics. Globally, Amazon has ...

Over half of firms created new net zero roles: Deloitte

ROSE MARY PETRASS  |  WEDNESDAY, 3 JUL 2024  |  NEWS
... market to assist in setting up ESG capability in niche areas with specific skills - such as biodiversity or calculating Scope 1-3 emissions. "ESG reporting, integration, risk and due diligence, data, research, strategy and engagement have been some of ...