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Showing 31 - 40 of 343 results for "Scope"

Super investment key to decarbonising Australia: ASFA

RACHEL ALEMBAKIS  |  TUESDAY, 5 DEC 2023  |  NEWS
... assist super funds in better allocating capital towards net zero transition, including Develop the frameworks to improve the scope and quality of disclosed data by entities Reduce barriers (particularly related to regulation and planning) to the required ...

How to spot a credible transition plan: Energetics

RACHEL ALEMBAKIS  |  MONDAY, 4 DEC 2023  |  NEWS
... 18% to 12-14% on the way to net zero by 2050, with investors pressing the company to stick with its 2030 target to limit Scope 1 and 2 in line with the Science Based Targets Initiative (SBTi) and United Nations Framework Convention on Climate Change ...

RIAA names Responsible Investment Super Leaders

RACHEL ALEMBAKIS  |  MONDAY, 4 DEC 2023  |  NEWS
... Investment Certification have a 79% lower weighted average carbon intensity than non-certified super funds when counting scope 1, 2 and 3 emissions. For Responsible Super Fund Leaders' products, it's a 60% reduction compared to non-leaders. The ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... 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 security exclusions ...

New code of practice guidance for voluntary carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... and assurance framework, and labels for making "carbon integrity" claims. VCMI also launched a beta test version of a new Scope 3 flexibility claim, designed to enable companies to offset indirect Scope 3 emissions through high-quality carbon credits ...

Loss and damage funds a key consideration for COP28

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
The shape and scope of a global fund on loss and damage, the integration of climate into biodiversity, and how human rights and the just transition figure into government, business and investor commitments are all topics of interest at the forthcoming ...

Surge in executive support for sustainability

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... revenue increased by just 0.01% compared to last year. Organisations are also falling short on measuring and collecting Scope 3 emissions, with the share of organisations that are monitoring Scope 3 falling from 60% in 2022 to 51% in 2023. The share ...

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... is considering widening its greenwashing focus to include net zero statements, use of terms like "carbon neutral" and the scope and application of investment exclusions and screens. While recent and ongoing cases have centred on misleading and deceptive ...

New tools available to help investors meet Paris Agreement

ROSE MARY PETRASS  |  FRIDAY, 17 NOV 2023  |  NEWS
... benchmark A new benchmark from the Global Impact Investing Network finds that impact investments in the energy sector decrease Scope 1 and Scope 2 emissions while boosting energy production. The new benchmark helps investors compare their performance ...

Sustainable bonds underperform on climate targets

ROSE MARY PETRASS  |  THURSDAY, 16 NOV 2023  |  NEWS
Sustainability Linked Bonds are more likely to achieve emissions reductions targets than use of proceeds bonds, but many labelled bond users are not tracking to meet 2050 net zero targets. Corporate issuers are increasingly turning to labelled bonds ...