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Showing 451 - 460 of 1343 results for "Target"

APRA releases climate risk assessment results

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
Almost 40% of banks, insurers and superannuation funds say climate-related events could have a "material or moderate impact on their direct operations," according to the Australian Prudential Regulation Authority (APRA). APRA has published the findings ...

Pact Group commits to reducing emissions 50% by 2030

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
Pact Group has set a target of reducing its greenhouse gas emissions in Australia and New Zealand by 50% by 2030. The sustainable packaging, plastic recycling and reuse company's target covers its direct and indirect Scope 1 and Scope 2 emissions. "Our ...

V-Square launches ESG index strategy

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... indexed strategy is currently offered with an unconstrained tracking error and V-Square plans to develop a second version to target a lower tracking error. The MSCI ACWI ex-Australia ESG Materiality and Carbon Transition Select Special Tax Index is a ...

NGS Super divests from oil and gas producers

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... exploration and production companies, predominately Woodside and Santos. The divestment is in line with the fund's announced target of a 35% reduction of Scope 1 and Scope 2 carbon emissions by 2025 within the Diversified MySuper portfolio. The fund ...

New Zealand XRB releases final climate reporting paper

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
New Zealand's External Reporting Board (XRB) has released a final consultation paper on the mandatory Climate-related Disclosure standards that will come into force next year. The New Zealand government last year passed legislation that made climate-related ...

Westpac sets 2030 net zero commitments

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2022  |  NEWS
... we're setting clear markers and will help our customers transition." Westpac announced that a new emissions intensity target of 0.10tCO2e/MWh (our power generation customers' scope 1 and 2) by 2030, which is lower than the FY21 Australian portfolio ...

Stewart Investors identifies progress to net zero

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
... companies that are making direct or indirect contributions to climate change solutions, while building towards a net zero 2050 target. The Sustainable Funds Group, which managed US$21.5 billion as of the end of 2021, released its 2021 climate report ...

Resource efficiency a marker for investment performance: Osmosis

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
Companies that are more resource-efficient, including efficiency in managing environmental factors, are more likely to provide stronger risk-adjusted returns, according to Osmosis Investment Management. Osmosis uses its in-house research process to ...

CBA expands ESG term deposit to foreign currencies

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 JUL 2022  |  NEWS
Commonwealth Bank of Australia (CBA) will broaden the offering of its ESG term deposit (TD) to international currencies including US dollars and euros. Since launch in December 2021, the ESG TD has raised more than AU$1.5 billion in funding, which is ...

CEFC, Qantas Super back low carbon "enabler" fund

RACHEL ALEMBAKIS  |  THURSDAY, 14 JUL 2022  |  NEWS
... This mandate with Calvert and Goldman Sachs Asset Management is part of that first phase, which will see the super fund target a 24% reduction in carbon emissions across Qantas Super's investment portfolio by 2025, from a baseline of 30 June 2020. ...