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Showing 11 - 20 of 1445 results for "carbon"

Flawed carbon credits add to business risk

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
Some carbon credits may increase emissions, potentially costing billions of dollars for businesses that must rely on offsets to comply with Safeguard Mechanism. Carbon credits are widely used policy tool to offset the carbon produced by heavy emitters ...

Larry Fink letter urges pragmatism

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
... more demand for energy infrastructure. And that's because many countries have twin aims: They want to transition to lower-carbon sources of power while also achieving energy security," said the boss of the world's largest asset manager. More state and ...

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 ...

Deutsche Bank links 33% of long-term bonuses to non-financial targets

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... laundering and know-your-client activities. Environmental targets focus on the bank's financed emissions reduction targets for carbon-intensive sectors, in line with its net zero pathway. Seven targeted carbon-intensive sectors are oil and gas, power ...

Lombard Odier brings plastic circularity fund down under

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... market returns, it said. It aims to do this by investing in companies offering innovative plastic materials with lower carbon footprint and better end of life properties; better usage models that extend the plastics' life; and providing collection ...

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... the global scientific consensus that to mitigate the most severe climate impacts, net emissions in global human-caused carbon dioxide (CO2) need to fall by 45% from 2010 levels by 2030, reaching net zero by around 2050. Australia's net zero by 2050 target ...

CBA launches green business loan

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... billion in cumulative funding across sustainable industries and asset types including clean energy, energy efficiency, low-carbon transport, commercial property, land and agriculture, waste management and sustainability-linked lending. Eligible projects ...

Greenwashing remains a priority: ASIC

MICHELLE BALTAZAR  |  MONDAY, 18 MAR 2024  |  NEWS
... Commissioner Simone Constant. "Building on that, we are also thinking about the different parts of it. For example, the use of carbon credits... if you have an entity that advertises itself as being net zero and very green and they get there by carbon ...

Major indices provide ESG clarity

ROSE MARY PETRASS  |  TUESDAY, 12 MAR 2024  |  NEWS
... impact intensity, limit the proportion of ecosystem impact to significant land, align with UN SDGs, and have a reduced carbon footprint relative to the constituents in the underlying-parent indices. S&P DJI used S&P Global Sustainable1's Nature & Biodiversity ...

Podcast: The economic case for being a net zero superpower - Ross Garnaut

RACHEL ALEMBAKIS  |  THURSDAY, 7 MAR 2024  |  NEWS
... Institute, which is designed to provide analysis to help Australia take advantage of the economic opportunities of the post-carbon world. Ross Garnaut explains the mission of the Superpower Institute and why he still believes Australia isn't a pissant ...