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Showing 471 - 480 of 1539 results for "Target"

Climate action both risk and opportunity to Australia: Intergenerational Report

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
Tackling climate change and transforming Australia's economy to its net zero 2050 target are central priorities in the 2023 Intergenerational Report issued today. In the Intergenerational Report, which provides a forecast of Australia's budget and economy ...

Data centre operator refinances multi-billion-dollar sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
APAC and Japan data centre specialist AirTrunk has more than doubled the financing of an existing sustianbility linked loan, going from $2.1 billion to $4.6 billion. The transaction will refinance existing debt facilities and support the company's "rapid ...

Engaging for real-world decarbonisation: IGCC

RACHEL ALEMBAKIS  |  MONDAY, 21 AUG 2023  |  NEWS
... plans to deliver on robust targets." As part of Phase 2, Climate Action 100+ has also evolved its benchmark, which measures target companies' progress on stated goals. The new benchmark has introduced new sub-indicators around transition plans, capital ...

Pact Group sells stake in crate pooling business

RACHEL ALEMBAKIS  |  THURSDAY, 17 AUG 2023  |  NEWS
... recycled plastic packaging for its fresh food, dairy, beverage, and home care products sectors. Pact reported that their target is to "deliver value from the circular economy of at least an additional $25 million EBIT, with run rate achieved by end FY25," ...

$12tn Asian engagement program advocates climate-linked pay

ROSE MARY PETRASS  |  THURSDAY, 17 AUG 2023  |  NEWS
Prominent Asian utilities investors are actively engaging with companies to align executive remuneration with climate progress in their investment portfolios. Despite the welcome progress on climate, investors are calling for more accelerated climate ...

Ethical investments recover performance: Chant West

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  WEDNESDAY, 16 AUG 2023  |  NEWS
... It targets investments that have a measurable contribution to the UN sustainable development goals, and has a net zero target by 2040. In all other aspects ethical funds are managed just like any other fund - they're diversified portfolios managed towards ...

ASX200 skirts Scope 3 disclosures

ROSE MARY PETRASS  |  TUESDAY, 15 AUG 2023  |  NEWS
... that many companies are not reporting Scope 3 emissions. Only 22% of the ASX200 - 43 companies - have some type of Scope 3 target. 110 companies reported Scope 3 emissions but do not disclose strategies to reduce those emissions. Just small minority ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
One of the world's largest investment firms has announced a $2 billion fund to invest in New Zealand clean tech towards 100% renewable electricity generation by 2035. The country's energy mix currently consists mainly of hydropower, geothermal power ...

Climate disclosure lawsuit against Commonwealth settled

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... risk in bond information statements. Since that time, the Labor government elected in May 2022 has legislated a net zero target and interim target, is pursuing mandatory climate disclosure standards and is proceeding with plans to issue Australian sovereign ...

Morgan Stanley reaches 70% of $1tn sustainable finance goal

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
Morgan Stanley has surpassed the two-thirds mark of its US$1 trillion target for sustainable and low-carbon investments by the end of this decade. The multinational investment bank and financial services company has released its latest ESG report stating ...