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Showing 21 - 30 of 92 results for "carbon offset"

Fortescue Metals strengthens 2030 decarbonisation targets

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
... returns from its investment arising from the operating cost savings due to the elimination of diesel, natural gas, and carbon offset purchases from its supply chain." The strategy and associated investment is expected to result in avoidance of 3 million ...

ACCU demand to rise with Climate Active certification: CBA

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
... emissions by changing production methods or utilising new technology, offsetting remaining emissions by purchasing carbon offset units, validating carbon neutral claims with an independent third party, and reporting on progress via a public disclosure ...

Fixing Australia's complicated carbon market

RACHEL ALEMBAKIS  |  THURSDAY, 11 AUG 2022  |  NEWS
Australia's carbon market is "fragmented, inefficient and complicated," according to the Climate Change Authority (CCA). The CCA has released its Review of International Offsets, which finds that the international carbon market is still evolving. ...

CBA sees push to greater quantity, quality of climate risk reporting

RACHEL ALEMBAKIS  |  THURSDAY, 12 MAY 2022  |  NEWS
Quantity and quality of climate disclosures by Australian companies will improve, with or without a government mandate, according to CBA. In a recent report by CBA's sustainable economics team, the bank noted that regulations including the US Securities ...

BlueScope steels itself for climate action

RACHEL ALEMBAKIS  |  THURSDAY, 17 MAR 2022  |  NEWS
When BlueScope Steel announced last year it had set a 2050 net zero target, it was the beginning of a process to embed a decarbonisation strategy in a company in one of the hardest to abate industrial sectors. The commitment to reach net zero on scope ...

CBA highlights strong demand for ACCUs in push to expand carbon market

RACHEL ALEMBAKIS  |  THURSDAY, 3 MAR 2022  |  NEWS
... unclear at this stage how demand and supply will grow together as we move forward." Using CCS activity as a basis for carbon offset credits has been criticised by some because it prolongs reliance on fossil fuels for energy consumption. But CBA director ...

Property manager buys nearly 100,000 carbon credits for offsetting

RACHEL ALEMBAKIS  |  THURSDAY, 9 DEC 2021  |  NEWS
... and supply of renewable energy through the grid, offsetting of emissions and then generating their own supply of carbon offset credits to go net positive. "We have transacted our second PPA and that will take the amount of renewable electricity to around ...

COP26 week two: impacts for Australians

RACHEL ALEMBAKIS  |  THURSDAY, 11 NOV 2021  |  NEWS
Even as country delegations at COP26 got down to the business of negotiations, there was still room for dramatic announcements, with the US and China issuing a joint announcement committing to "enhanced climate actions" through the 2020s in the context ...

COP26 week two: negotiations focus on carbon markets, reporting

RACHEL ALEMBAKIS  |  TUESDAY, 9 NOV 2021  |  NEWS
The second week of negotiations at COP26 will build on the announcements by world leaders and could yield significant progress around reporting on country commitments and progress to contain climate change. The G20 World Leader's Summit in Rome ...

COP26 week one: what Australians need to know

RACHEL ALEMBAKIS  |  THURSDAY, 4 NOV 2021  |  NEWS
The first week of COP26's headlines has been dominated by world leaders' speeches and their commitments. In addition to the political rhetoric - which has been welcomed with varying degrees of satisfaction - there have also been a number of ...