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Showing 21 - 30 of 149 results for "Net-zero target"

Asset managers fast track portfolio targets

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
Net zero target setting and disclosures are on the rise amid growing concern around the financial risks of climate change, according to a group of 325 investors with over US$57.5 trillion AUM. The group - Net Zero Asset Managers (NZAM) - aims to decarbonise ...

First Environmental Futures trade on ASX

ROSE MARY PETRASS  |  MONDAY, 29 JUL 2024  |  NEWS
Today, the ASX launched trading for three Environmental Futures contracts, pinned as a major step in the development of local carbon markets. Australia and New Zealand's first carbon futures contracts will improve access to carbon markets to allow market ...

RIAA warns against carbon capture

ROSE MARY PETRASS  |  MONDAY, 22 JUL 2024  |  NEWS
... produced to scale yet. "We need carbon reductions and we need them now. Investment policies must align with a net zero target, be science and evidence-based, and align with the existing and possible future case regulatory environment, just transition ...

IFM and QIC scoop major assets in energy deal

ROSE MARY PETRASS  |  MONDAY, 17 JUN 2024  |  NEWS
Two of the nation's largest infrastructure fund managers have attracted major assets to its A$700 million renewable energy program. Critical infrastructure assets and healthcare assets have signed on to the final stage of a power purchase agreement ...

Member accuses UniSuper of greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024  |  NEWS
... emissions. While other sectors, such as electricity generation, are reducing their emissions in line with Australia's net zero target, road transport emissions continue to increase - fueled largely by continued urban motorway expansion. "Toll roads are ...

UniSuper invests $623m in Macquarie green fund

ELIZA BAVIN  |  MONDAY, 22 APR 2024  |  NEWS
UniSuper announced it has committed up to US$400 million (AU$623 million) to the Macquarie Green Energy and Climate Opportunities Fund (MGECO). MGECO is an open-ended fund that invests in large scale, mature sustainable technologies to support the transition ...

Three innovations to fix carbon market

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
With effective risk management and capital allocation, Australia's carbon market can scale to become the biggest in the world, Westpac and the Carbon Market Institute (CMI) say. Companies are shifting from a focus on carbon neutrality to net zero alignment ...

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
... maintaining energy security, increasing resiliency and sustaining economic opportunity around the world." Citi has a net zero target - including for businesses it finances - by 2050. This comes as the 2024 proxy season and AGM's are well underway, with ...

Shared Value founder heads up regional alliance

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
Helen Steel, who founded and led Shared Value Project (SVP), the business impact group, for almost seven years, now takes her experience to regional collaboration efforts. Steel now announces she has joined the South East Councils Climate Change Alliance ...

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... management consulting firm Bain & Company revealed a growing scepticism regarding the feasibility of meeting the net zero target within the designated timeframe. The research covered the energy transition, emerging technologies, investment opportunities ...