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Showing 371 - 380 of 1342 results for "Target"

Karoon Energy aims for net zero 2035 target

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
Oil producer Karoon Energy is implementing strategies in line with its net zero target of 2035 covering Scope 1 and 2 emissions. The company, which operates assets in Brazil, is implementing the result of a strategic corporate review that incorporates ...

Australia "on notice" as final TNFD draft framework released

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
... nature-related risk. The new TNFD draft framework is the fourth and final draft of all core elements and includes metrics, target setting guidance, sector and biome (including rainforest) guidance. The TNFD is a global initiative first launched in June ...

Asian companies setting net zero goals, lagging on capital alignment

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... decarbonization progress in the region. Barclays says that through the cohort, "there is clearly room for improvement on target refinement, capital alignment, executive pay linkage and clarity of carbon strategy. Our screening suggests those in the energy ...

The four-day work week - will it work?

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
A number of companies have started to offer the four-day work week as a powerful tool to attract and retain top talent that value the motto "work hard, rest hard". Recent trials are finding that revenue is up, alongside employee engagement and retention ...

AGL saved from HESTA divestment

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAR 2023  |  NEWS
HESTA, the Australian industry superannuation fund for workers in health and community service sectors, has removed AGL from its list of companies marked for divestment. This comes as Damien Nicks was appointed CEO of AGL in January. The energy company ...

Brookfield consortium to buy Origin Energy for $18.7bn

RACHEL ALEMBAKIS  |  TUESDAY, 28 MAR 2023  |  NEWS
A consortium of investors including Brookfield and MidOcean Energy have committed to buying Origin energy for $18.7 billion. The consortium has entered into a scheme implementation deed with Origin Energy to acquire the company at a price of $8.91 per ...

Bank Australia sets interim 2030 net zero target

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2023  |  NEWS
... that it will aim to reduce its carbon emissions by 64% by 2030 as an interim step to net zero by 2035. The mutual bank's target, which applies to Scope 1, 2 and 3 emissions and covers its financed emissions, has been validated by the Science Based Targets ...

Global investors set net zero target, implementation lags

RACHEL ALEMBAKIS  |  THURSDAY, 23 MAR 2023  |  NEWS
... representing a total of around USD 27.4 trillion in assets under management. This year, 48% of respondents have set a net zero target, slightly higher than 45% in 2022. A majority - 55% - said they are assessing the impact of their portfolios on carbon ...

Scentre Group reports sustainability progress

ROSE MARY PETRASS  |  THURSDAY, 23 MAR 2023  |  NEWS
... of $51.2 billion assets under management. The company said it is on track to reach its interim 50% emissions reduction target by 2025. The company signed a 100% renewable electricity agreement with CleanCo, a Queensland Government-owned renewables, low ...

Juicing up gender equity with Orange Bonds

RACHEL ALEMBAKIS  |  TUESDAY, 21 MAR 2023  |  NEWS
... be issued at the earliest later this year. The bond is being developed with the US and Australian governments and will target lending to managers who lend to women-owned, women-led businesses with a focus on emerging markets, with lending criteria built ...