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Showing 11 - 20 of 30 results for "science based target"

AXA IM sets ESG targets for executive remuneration

RACHEL ALEMBAKIS  |  THURSDAY, 23 FEB 2023  |  NEWS
Global fund manager AXA Investment Managers (AXA IM) will include ESG targets as part of the long-term incentives of senior executives. Beginning this year, the deferred compensation of around 400 people at AXA IM that will start to be paid in 2024 ...

Fortescue Metals strengthens 2030 decarbonisation targets

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
Fortescue Metals will deploy US$6.2 billion by 2030 to eliminate fossil fuel use and achieve "real zero" Scope 1 and 2 emissions across its iron ore operations. The company announced this week that their updated decarbonisation plans will "generate ...

CleanTech fueling sustainable investment: AXA IM

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 JUN 2022  |  NEWS
The global CleanTech market has widened to meet the strategic business need of companies seeking to meet climate risk targets, according to AXA Investment Managers (AXA IM). "Companies around the globe are so aware of their environmental footprint as ...

Sustainable debt, finance in strong start to 2022: ANZ

RACHEL ALEMBAKIS  |  THURSDAY, 23 JUN 2022  |  NEWS
Australian dollar green, social, sustainability, and sustainability-linked bond volumes have had their strongest first quarter yet, according to information from ANZ. ANZ says that the aggregate volume for bonds in those categories in the first quarter ...

Brambles sets 2040 net zero target

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 JUN 2022  |  NEWS
... earlier than first pledged. As part of that new deadline, Brambles has 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 ...

Blackmores inks $75m sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 5 MAY 2022  |  NEWS
Blackmores has refinanced $150 million of existing loan facilities and linked half of the refinancing to sustainability targets. The new sustainability linked loan agreement will incentivise Blackmores to achieving on targets including reductions of ...

Australian funds highlighted for climate action plans

RACHEL ALEMBAKIS  |  THURSDAY, 13 JAN 2022  |  NEWS
... the transition plan." UniSuper's case study elaborates on the fund's use of the ICAP framework and Science Based Target Initiative (SBTi) methodology to set future short-term targets, with detail on disclosure and corporate engagement. "For some ...

New Forests calls for demand and supply integrity on carbon credits

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 DEC 2021  |  NEWS
Forestry asset manager New Forests is calling for strong integrity on both the supply and the demand side of voluntary carbon credit markets. New Forests points out there are increasingly complex questions relating to the integrity of carbon credit ...

Not all net zero targets created equal: Maple-Brown Abbott

RACHEL ALEMBAKIS  |  THURSDAY, 25 NOV 2021  |  NEWS
... looking to achieve real emissions reductions versus offsets, and what s standards they are using, such as Science Based Target Initiative (SBTi). The results of COP26 were "a mixed bag", Hall said, but the agreements will not cause the private sector ...

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 ...