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Showing 31 - 40 of 154 results for "emissions reductions"

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... Secretary to the Treasury Steven Kennedy, thus changes to purchasing policy that requires suppliers to have emissions reductions strategies in place could meaningfully impact on decarbonisation trajectories across the economy. Economist Nicki Hutley ...

New code of practice guidance for voluntary carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... billion could be delivered if companies used carbon credits to cover the emissions gap between their Scope 3 emissions reductions targets, and current Scope 3 emissions. Under the VCMI criteria, the number of carbon credits purchased by a company must ...

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 ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... investors' strategic responses to climate-related risks and opportunities, investors are committing to emissions reductions in their portfolios. Credit rating agencies and other stakeholders are increasingly examining the relationship between climate ...

Act now on carbon emissions to avoid higher costs later: EY

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... we're going to pursue abatement? Oil and gas projects, along with coal mines, will deliver around 90% of emissions reductions in the short-term, but EY notes that facilities that fall under the Safeguard Mechanism "will need significant volumes of ...

Australian companies lagging on climate action

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
... Action 100+ said. "Companies are definitely making progress, especially around their climate disclosures and emissions reductions commitments, but actions are still falling well short of ambition to align with 1.5 Paris goal," said Richard Proudlove ...

ART outlines road to net zero 2050

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023  |  NEWS
... reduction targets by engaging with key stakeholders and encouraging investee companies to achieve real-world emissions reductions towards a low carbon economy." ART's net zero commitment covers Scope 3 category greenhouse gas emissions - the emissions ...

Australia considers carbon tariff to level playing field

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
... economy." A CBAM in Australia would continue to provide an incentive for Australian companies to focus on emissions reductions, just not in a way that brings competitive disadvantage, Nelson added. "The benefit of the CBAM is that it's focusing on where ...

IFM Investors creates head of sustainable investment role

RACHEL ALEMBAKIS  |  MONDAY, 4 SEP 2023  |  NEWS
... 100% green electricity for its Australian offices by mid-2023 and has set operational targets for direct emissions reductions actions, improved data collection, and engagement with suppliers to encourage and assess their net-zero targets.

$12tn Asian engagement program advocates climate-linked pay

ROSE MARY PETRASS  |  THURSDAY, 17 AUG 2023  |  NEWS
... focus companies' climate transition plans, including setting short-term science-based targets and immediate emissions reductions with demonstrable progress towards coal phase out," Mikula-Wright said "For transition plans to be credible, companies looking ...