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Showing 11 - 20 of 41 results for "capital expenditure"

Fortescue Metals strengthens 2030 decarbonisation targets

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
... battery storage and the estimated incremental costs associated with a green mining fleet and locomotives. "The capital expenditure to purchase the fleet will be aligned with the scheduled asset replacement life cycle and included in Fortescue's sustaining ...

ESG strong factor in M&A activity: PwC

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... outlined six ways in which ESG creates value - revenue growth, cost efficiencies, legal and regulatory landscape, capital expenditure and optimisation, cost of capital, and strategic premium. "For example, think of fleet optimisation, which will lead ...

New gas projects at risk under strong climate action: IGCC

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 APR 2022  |  NEWS
... scenarios, new Australian gas projects may be economically challenged, and investors are "likely to be cautious of capital expenditure in the sector." The report is based on modelling by global energy consultancy Wood Mackenzie. The report tests the ...

"Alarming" lack of capex alignment to 1.5C goals: Climate Action100+

RACHEL ALEMBAKIS  |  THURSDAY, 31 MAR 2022  |  NEWS
The most carbon intensive companies in the world are not explicitly aligning their future capex plans with long-term greenhouse gas emission targets, Climate Action 100+ has found. New assessments released today by Climate Action 100+ show some corporate ...

New Climate Action 100 engagement to tackle food and beverage sector

RACHEL ALEMBAKIS  |  TUESDAY, 31 AUG 2021  |  NEWS
Climate Action 100+ has laid out a new set of expectations for the food and beverage sector to make process towards decarbonising their operations and supply chain in line with the goals of the Paris Agreement. Climate Action 100+, the US$55 trillion ...

BlueScope sets net zero target

RACHEL ALEMBAKIS  |  MONDAY, 16 AUG 2021  |  NEWS
... tax (NPAT) of $1.19 billion, a $1.10 billion increase over FY2020. Operating cash flow for the year, after capital expenditure, was $898 million including investment expenditure on the North Star expansion. The balance sheet finished the half in a strong ...

Not all oil stocks are out on ESG grounds: Pendal Group

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
... Pittard said. To meet the demands of investors, banks and regulators, oil companies will have to limit their capital expenditure which means production growth will be slower and prices will remain strong. That means oil companies will have significant ...

Agriculture business signs first sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... those savings in our cost of financing into sustainable projects internally," Hart noted. "It could also go to capital expenditure, or further research projects to ensure that we meet those targets in the future. If we miss those targets or materially ...

Activist group files climate resolution to AGL AGM

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUL 2021  |  NEWS
... Paris-aligned climate transition plan for both of the proposed entities, with short, medium and long term targets, capital expenditure alignment and a remuneration framework that incentivises rapid decarbonisation," Gocher said. "The International Energy ...

Assessing ambition of green bonds: BNP Paribas Asset Management

RACHEL ALEMBAKIS  |  THURSDAY, 15 APR 2021  |  NEWS
... "The final element is, how does a green bond contribute to the ambition. How does it contribute to forward capital expenditure? Does the green bond contribute 30% of the five year capex plan? If it is, perhaps we can say, ok,there's a pretty good link." ...