Search Results

Showing 391 - 400 of 1343 results for "Target"

Frasers Property inks fresh sustainability-linked loans

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 FEB 2023  |  NEWS
... reductions apply to embodied and operational carbon across Scopes 1, 2 and 3 emissions, in line with the Science-based Target Initiative (SBTi). The SLL was underwritten by a syndicate of four banks as mandated lead arrangers, underwriters, bookrunners ...

Centuria acquires SA agricultural property

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 FEB 2023  |  NEWS
Centuria has expanded the porftlio of its unlisted agriculture fund with the purchase of a 246 hectare South Australia site that includes a 20 hecatare glasshouse facility. The Centuria Agriculture Fund (CAF)'s latest acquisition is a Port Augusta property ...

Podcast: Mind the (climate skills) gap

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2023  |  NEWS
We talk with UTS Institute for Sustainable Futures' Alison Atherton and Gordon Noble on their recent research which found that there is a climate skills gap in the Australian financial industry, with demand for people with climate skills outstripping ...

ARENA backs concentrate solar power plant

RACHEL ALEMBAKIS  |  TUESDAY, 14 FEB 2023  |  NEWS
The Australian Renewable Energy Agency (ARENA) has allocated $65 million in funding to a concentrated solar power plant in Port Augusta, South Australia. Vast Solar will construct VS1, a 30 MW / 288 MWh concentrated solar power (CSP). Funding for VS1 ...

Orica implements ESG data platform for GHG emission reporting

RACHEL ALEMBAKIS  |  THURSDAY, 9 FEB 2023  |  NEWS
... increasing global reporting expectations and regulations as well as meet its net zero targets. Orica has previously announced a target to be net zero on its scope 1 and GHG emissions and most material scope 3 GHG emissions by 2050, and to reduce scope ...

2023 the year for business action on climate change: EY

RACHEL ALEMBAKIS  |  THURSDAY, 2 FEB 2023  |  NEWS
... Oceania chief sustainability officer Mathew Nelson pointed to three key developments brought in to support the legislated target of cutting Australia's greenhouse gas emissions by 43% by 2030 - proposed reforms to the Safeguard Mechanism, the Chubb ...

IFM Investors commits to US biogas developer

RACHEL ALEMBAKIS  |  THURSDAY, 2 FEB 2023  |  NEWS
... IFM Net Zero Infrastructure Fund (IFM NZIF). It is the first investment into the low-carbon fuels sector, which is a core target sector for the fund. "The Net Zero Infrastructure fund is open-ended and focused on driving change to the net zero future," ...

Safeguard Mechanism reforms to prompt ACCU demand

RACHEL ALEMBAKIS  |  THURSDAY, 26 JAN 2023  |  NEWS
Demand for Australian Carbon Credit Units (ACCUs) will continue to be high, but there is an increased risk in a cumulative shortfall to 2030. An independent review of the Australian Carbon Credit Unit (ACCU) scheme - the Chubb Review - has found the ...

Chubb Review recommends reforms to ACCU governance

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
An independent review of the Australian Carbon Credit Unit (ACCU) scheme has found the integrity of key methodologies is generally "sound," while recommending improvements to governance and transparency. The results of the Independent Review of Australian ...

Australian businesses exposed to EU carbon levy

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
Australian businesses must prepare for the impacts of a forthcoming Carbon Border Adjustment Mechanism (CBAM) from the European Union, according to EY. In recent weeks, the EU has reached agreement on the structure of the CBAM, which would place a financial ...