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Showing 311 - 320 of 1552 results for "emissions"

Rest teams up with Fidelity to launch new fund

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024  |  NEWS
... becoming a priority for businesses, and this is expected to continue, said Lill. "Around 40% of total global carbon emissions come from real estate. With 85% of Europe's buildings over 20 years old, improving them provides a valuable solution to ...

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
... transition plans. The US bank's recently released climate report ranked energy companies from "low" to "strong" based on emissions reduction plans. It found current transition plans are insufficient for investors to accurately gauge transition risk. ...

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 ...

Canberra acts on billion-dollar net zero plan

ROSE MARY PETRASS  |  WEDNESDAY, 3 APR 2024  |  NEWS
... facilitate public and private investment, build community engagement and support First Nations. Affected workers in emissions-intensive industries get new employment and training - and workers impacted by select coal and gas power station closures also ...

Kiwi energy broker sparks interest across the pond

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... is complementary to its Australian power and gas brokerage business and will give clients access to the New Zealand Emissions Units (NZU) market. The NZU market is sought after by global investors due to its high integrity, the company said. The firm ...

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

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... management, anti-money 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 ...

Lombard Odier brings plastic circularity fund down under

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... will serve as responsible entity of the fund. The fund's objective is to reduce plastic waste and greenhouse gas emissions in the plastic value chain while delivering market returns, it said. It aims to do this by investing in companies offering ...

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... oil and gas executives. It is 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. ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... to comply," Morgan said. Fully, 29 of the 30 funds identify climate change as a significant risk and/or have set an emissions reduction target through an active ownership strategy. Super fund support for climate-related shareholder proposals declined ...

More calls for adaptation

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
Adaptation should be rolled out alongside emissions mitigation, says assistant minister for climate change and energy Jenny McAllister. It is estimated that climate change will cost US$1.7-3.1 trillion a year through to 2050 globally. For example, the ...