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Showing 21 - 30 of 37 results for "science based target"

Sustainable debt, finance in strong start to 2022: ANZ

RACHEL ALEMBAKIS  |  THURSDAY, 23 JUN 2022  |  NEWS
Australian dollar green, social, sustainability, and sustainability-linked bond volumes have had their strongest first quarter yet, according to information from ANZ. ANZ says that the aggregate volume for bonds in those categories in the first quarter ...

Brambles sets 2040 net zero target

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 JUN 2022  |  NEWS
... earlier than first pledged. As part of that new deadline, Brambles has set 2030 interim targets approved by the Science Based Target Initiative (SBTi), which include a 42% reduction in absolute Scope 1 and 2 GHG emissions on 2020 levels and a 17% reduction ...

Blackmores inks $75m sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 5 MAY 2022  |  NEWS
Blackmores has refinanced $150 million of existing loan facilities and linked half of the refinancing to sustainability targets. The new sustainability linked loan agreement will incentivise Blackmores to achieving on targets including reductions of ...

Australian funds highlighted for climate action plans

RACHEL ALEMBAKIS  |  THURSDAY, 13 JAN 2022  |  NEWS
... the transition plan." UniSuper's case study elaborates on the fund's use of the ICAP framework and Science Based Target Initiative (SBTi) methodology to set future short-term targets, with detail on disclosure and corporate engagement. "For some ...

New Forests calls for demand and supply integrity on carbon credits

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 DEC 2021  |  NEWS
Forestry asset manager New Forests is calling for strong integrity on both the supply and the demand side of voluntary carbon credit markets. New Forests points out there are increasingly complex questions relating to the integrity of carbon credit ...

Not all net zero targets created equal: Maple-Brown Abbott

RACHEL ALEMBAKIS  |  THURSDAY, 25 NOV 2021  |  NEWS
... looking to achieve real emissions reductions versus offsets, and what s standards they are using, such as Science Based Target Initiative (SBTi). The results of COP26 were "a mixed bag", Hall said, but the agreements will not cause the private sector ...

Boral to go net zero by 2050

RACHEL ALEMBAKIS  |  TUESDAY, 7 SEP 2021  |  NEWS
Boral has announced net zero commitments aligned to the Science Based Targets initiative (SBTi). Boral will reduce absolute Scope 1 and 2 emissions by 46% by 2030 and will reduce relevant Scope 3 emissions by 22%, both from a 2019 baseline. The targets ...

UniSuper updates progress on net zero target

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
UniSuper has reduced its exposure to fossil fuel extraction to less than one percent of its overall portfolio, while 40 of its top 50 Australian investments have set targets aligned with the Paris Agreement. The $100 billion super fund has published ...

What's in a name: evaluating the goals behind net zero targets

RACHEL ALEMBAKIS  |  THURSDAY, 18 MAR 2021  |  NEWS
Super funds and asset managers have announced commitments to remove risks of greenhouse gas emissions from their portfolios. These announcements have a shorthand - "net zero" or "carbon neutral" or "decarbonisation" - and have varying timelines to reach ...

Companies pledge 100% renewable energy by 2025

RACHEL ALEMBAKIS  |  FRIDAY, 13 NOV 2020  |  NEWS
... program and will help us deliver our renewable energy goals." BINGO has also committed to implementing a Science Based Target to assist in reducing the company's emissions across all operations, the scope of which will include BINGO's fuel consumption ...