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Showing 31 - 40 of 383 results for "Scope"

Retail CSOs do a shuffle

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
... influential ESG professionals working at ASX-listed companies in Australia. During her time at Woolworths, Holt helped get Scope 1 and 2 emissions reductions to 40% below the 2015 baseline (as of December 2023), set the wheels in motion for a target ...

Sustainable Finance Roadmap to turbocharge investment

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
... risks and opportunities, fuelling investment in clean industry. Both Jackson and Graham commended the roadmap for including scope for financial frameworks to address nature, climate adaptation and resilience. "Clear financial frameworks to support private ...

IFM and QIC scoop major assets in energy deal

ROSE MARY PETRASS  |  MONDAY, 17 JUN 2024  |  NEWS
... Michael Hanna, head of infrastructure Australia at IFM Investors, said the deals align with the firm's target of net zero Scope 1 and 2 emissions by 2050. Hanna added that the agreement will help sure up returns for members while reducing risk. "Generating ...

Cromwell restructures lending facility

ROSE MARY PETRASS  |  MONDAY, 17 JUN 2024  |  NEWS
... Pacific Loan Market Association's (APLMA) green loan principles and sustainability-linked loan principles. It is tied to a Scope 1 (direct) and 2 (indirect) emissions reduction target of net zero by 2035, and a Scope 3 (supply chain) emissions reduction ...

Social TCFD-equivalent seeks leaders

ROSE MARY PETRASS  |  WEDNESDAY, 12 JUN 2024  |  NEWS
... preparing for the launch of the taskforce since early 2023. The working group will inform the mandate, roadmap, and technical scope of the TISFD, as well as governance structure, a two-year workplan, and budget. It will also launch a public consultation ...

AI and crypto mining to drive energy opps: PGIM

MICHELLE BALTAZAR  |  FRIDAY, 7 JUN 2024  |  NEWS
... peers and offer potential for growth," the report noted. There are other areas of the renewable energy sector that can offer scope for more investment returns but the fund manager is quick to stress that fossil fuel will remain part of the landscape ...

Westpac looks for next CSO

ROSE MARY PETRASS  |  THURSDAY, 6 JUN 2024  |  NEWS
... an updated sustainability strategy to 2030. Toohill said Westpac is underway on its sector target of a 23% reduction of Scope 1, 2 and 3 absolute financed emissions by 2030 from a 2021 baseline. "With the final sector target underway, we've almost ...

Canberra scopes First Nations economic policy

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
The Coalition of Peaks is currently consulting on the design of a First Nations Economic Partnership with Treasury. The aim is to improve access to capital markets and employment opportunities and address legislative or policy barriers that hinder that ...

ISSB digital standards not perfect

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
... Sustainability. "The standards are an excellent start but further work is needed to ensure companies are reporting on the full scope of physical risks that climate change may have on their business. "In short, the physical risk component of the standards ...

Subsidiaries must comply with Aussie regime

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
... update on requirements for climate-related financial disclosures in Australia clarifies that such groups do fall within the scope of the Australian regime. This is because "the standards and frameworks and timelines for reporting that apply at the parent/international ...