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Showing 41 - 50 of 332 results for "scope 3"

New tools available to help investors meet Paris Agreement

ROSE MARY PETRASS  |  FRIDAY, 17 NOV 2023  |  NEWS
A range of new tools have been released from organisations including Moody's Investors Service, ISS STOXX, Global Impact Investing Network, UN-convened Principles for Responsible Investment, Bloomberg and Riskthinking.AI. Moody's releases framework ...

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
ASIC 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 ...

Igneo refinances green credit facility

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
Igneo Infrastructure Partners has refinanced a $750 million revolving cash facility that includes a green tranche credit facility (GTCF). Igneo's Global Diversified Infrastructure Fund (GDIF) has refinanced the facility for a further two year period. ...

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
Approximately $260 billion of all outstanding Australian bank loans, or 22% of bank lending, are highly exposed to nature-related risk. Ernst & Young Australia and the Australian Conservation Foundation released a report finding that banks that are ...

Investors press Boral for clarity on net zero ambitions

RACHEL ALEMBAKIS  |  THURSDAY, 26 OCT 2023  |  NEWS
Construction materials company Boral is in investors' spotlight after walking back its 2025 interim net zero commitment on the way to decarbonizing by 2050. Investors participating in the Climate Action 100+ engagement with Boral, a list participant ...

AASB publishes climate-related disclosure standards draft

RACHEL ALEMBAKIS  |  MONDAY, 23 OCT 2023  |  NEWS
Australian Sustainability Reporting Standards (ASRS) will first focus on climate-related financial reporting, under an exposure draft released by the Australian Accounting Standards Board (AASB). AASB has opened up a 120-day comment period on ASRS 1 ...

Investing in net zero "makes business sense": Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
Editorial note: This is the first in a six-part series of articles brought to you by Energetics While setting a net zero target and implementing strategies to transition from current carbon emissions activities to that long term goal is not quite business ...

Mandatory climate reporting challenges directors: AICD

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
Companies are grappling with the ramp-up to mandatory climate disclosure in Australia, the "biggest change in corporate reporting in a generation," with the Australian Institute of Company Directors (AICD) publishing a guide to assist directors' ...

Australian companies lagging on climate action

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
Australia's top carbon-emitting companies are still failing to align their decarbonisation targets with the end goal of containing global warming at 1.5° by 2050, according to the latest assessment by Climate Action 100+. Emissions at the 14 Australian ...