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Showing 41 - 50 of 345 results for "Scope"

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 ...

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 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. "Our enforcement actions in response to concerns of greenwashing misconduct ...

Igneo refinances green credit facility

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
... CO2e," Element said. "Of our global portfolio of companies, 19 of 25 companies have set net zero targets and 20 now report on scope 3 emissions, up from seven the prior year. "The GTCF reinforces our momentum towards our goals as we aim to have a final ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
Treasury's proposed three-year moratorium on private litigation related to Scope 3 reporting as part of its proposed mandatory climate-related financial disclosure package has raised fears that it would give companies the green light to greenwash. ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... and soil health), pollution (including water and air quality, hazardous substances, and plastic waste), climate change (Scope 1, 2 and 3 emissions), and invasive alien species. It will also assess sustainability strategy, accountability, stakeholder ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
... with Boral through Climate Action 100+ have taken the step of publicly calling on Boral to keep 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 ...

AASB publishes climate-related disclosure standards draft

RACHEL ALEMBAKIS  |  MONDAY, 23 OCT 2023  |  NEWS
... emphasis is on risk disclosure," Kendall said. "I appreciate people are going to be focusing on the emissions reporting of Scope 1 2 and 3 emissions, but the really big part about this is the risk disclosure and where entity risks are. If temperatures ...

Investing in net zero "makes business sense": Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... today, but there will be a Carbon Border Adjustment Mechanism, there's the Safeguard Mechanism, and an increased focus on Scope 3 will lead companies to preference suppliers with lower emissions. Q: How do both companies and investors go about measuring ...

Mandatory climate reporting challenges directors: AICD

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... interim targets on the road to decarbonising by 2050, and plans and associated allocation of capital still fall short in both scope and ambition. There is some progress - 57% of the Australian companies are now fully disclosing net zero commitments ...