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Showing 401 - 410 of 1538 results for "Target"

COP28: Climate finance, carbon markets take centre stage

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... (IHLEG) that underpinned the declaration was released at the start of COP28. The World Bank increased its climate finance target to 45% to deploy over US$40 billion per year by 2025, of which US$9 billion is additional, equally between mitigation and ...

SDG Loan Fund raises $1.1b of investor capital

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
... institutions and intermediaries serving small and medium-sized businesses in low- and moderate-income countries in three target sectors: energy, financial institutions, and agribusiness. This will address a critical annual funding gap that since the ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... across the Australian Public Service. As previously reported by FS Sustainability, the government rolled out a net zero 2030 target for Scope 1 and Scope 2 emissions. The policy will initially cover 100 non-corporate Commonwealth entities, with some ...

New code of practice guidance for voluntary carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
The Voluntary Carbon Markets Integrity Initiative (VCMI) has released guidance to help direct finance to climate mitigation initiatives and commitment beyond science-aligned emissions cuts. The new guidance for the Claims Code of Practice aims to accelerate ...

Rest invests $1b in Quinbrook green data centres

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
Superannuation firm Rest will invest $1 billion in renewable and clean energy infrastructure manager Quinbrook Infrastructure Partners. The commitment will support the energy transition, providing exposure to a range of assets including solar and battery ...

Slow progress on human rights in business

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... companies were Uniqlo owner Fast Retailing, Coles Group, Wilmar International,, Woolworths Group, and Wesfarmers (Kmart and Target Australia). However, none of the top performing companies ranked higher than 50% for gender equality. Overall leaders are ...

$50 million backing for Conscious Investment Management fund

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
... Housing Accord. These programs aim to stimulate institutional investment in the social and affordable housing sector and target the delivery of 40,000 new social and affordable homes over the next five years. CIM has also announced that John White will ...

Capacity Investment Scheme expansion to jolt renewable energy

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... the Capacity Investment Scheme (CIS) to 32 GW of renewable energy - up from 9 GW - to enable the federal renewable energy target of 82% by 2030. Federal Climate and Energy Minister Chris Bowen has now effectively ditched the Renewable Energy Target (RET) ...

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
ASIC has identified sustainable finance governance and greenwashing as one of three key focus areas for action in 2024. Speaking at this week's annual forum, ASIC chair Joe Longo said sustainable financial reporting and disclosure, better consumer outcomes ...

Don't neglect the SDGs in sustainable finance strategy

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
The government's sustainable finance strategy is an opportunity to tie action on the Sustainable Development Goals (SDGs) to action on climate. UN Global Compact Network Australia chair Fiona Reynolds called the recently released strategy a "welcome ...