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Showing 21 - 30 of 1196 results for "Target"

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... 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 was legislated in 2022. The global survey of over 600 energy and natural resources executives by management consulting firm ...

CBA launches green business loan

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... individual project, asset or funding needs. The Commonwealth Bank of Australia's (CBA) 2030 Sustainability Funding Target (SFT) aims to deliver $70 billion in cumulative funding across sustainable industries and asset types including clean energy ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... 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 from 56% to ...

Canberra targets natural disaster insurance gap

ROSE MARY PETRASS  |  WEDNESDAY, 13 MAR 2024  |  NEWS
The government will attempt to close the natural hazard insurance protection gap, seeking feedback on the standardisation of terms like "storms" and "fire", as well as reforms to the standard cover regime. The reforms are designed to cut insurance costs ...

Major indices provide ESG clarity

ROSE MARY PETRASS  |  TUESDAY, 12 MAR 2024  |  NEWS
... procedures for classifying transactions, financial products, and services, as "sustainable". In 2020 the heavyweight announced a target to grow its ESG investment portfolio to at least €200 billion by the end of 2025. The bank is now targeting €500 ...

Canberra funds $111m EV transition

ROSE MARY PETRASS  |  MONDAY, 11 MAR 2024  |  NEWS
... 2025 that will require manufacturers to raise average car fuel efficiency every year to 2029. Manufacturers can meet the target by making vehicles more efficient or increasing sale of EVs. "It's promising to see that Australian EV sales hit record numbers ...

Directors sweat on climate: AICD

ROSE MARY PETRASS  |  TUESDAY, 5 MAR 2024  |  NEWS
Aussie directors are feeling the heat on climate risk and regulatory pressure, while preparation for mandatory climate reporting is a mixed bag. The majority (80%) of Australian directors are concerned about climate-related risks. Of those who reported ...

Upward trends continue despite ESG backlash

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
The ongoing debate over asset benchmarking, regulation, and ESG investment versus science-based targets has led top practitioners to tread more carefully on asset allocations and geographical spread. The global responsible investment industry has in ...

Looking beyond the gender pay gap

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... long term incentive plans to enable companies to drive forward their progress. This looks like both a +/-5% gender pay gap target and a 40/40/20 target in executive leadership teams (ELTs). According to Melior, 37% of the ASX300 now target equality in ...

Investors scrutinise Australia-first gender pay gap data

ROSE MARY PETRASS  |  TUESDAY, 27 FEB 2024  |  NEWS
... one-third of employers are close to gender parity within their workforce," she said. Wooldridge said gender pay gaps should target +/-5%. This signifies that a workplace "has a focus on identifying and addressing inequalities and is taking action to ...