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Showing 631 - 640 of 1539 results for "Target"

ACCU demand to rise with Climate Active certification: CBA

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
Australian businesses pursuing voluntary government certification for climate targets are expected to further drive the use of Australian Carbon Credit Units (ACCUs), according to Commonwealth Bank. As Australian businesses adopt net zero carbon targets ...

Government launches review of Safeguard Mechanism

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
The federal government has launched a review of the Safeguard Mechanism as part of its overall policy to reduce Australia's carbon emissions by 43% by 2030. The government is seeking consultation on the proposed review and reform of the Safeguard Mechanism ...

ASX300 upping the ante on ESG reporting: Melior

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
... million in revenue at the end of June 2021. Melior also found that 42% of ASX300 companies had set a net zero emissions target at June 30 2022, compared with 22% a year earlier. However the data also highlights areas where many companies are still yet ...

Fixing Australia's complicated carbon market

RACHEL ALEMBAKIS  |  THURSDAY, 11 AUG 2022  |  NEWS
... emissions reduction. The review found that "parts of the market that contribute to meeting Australia's emissions reduction target, such as the Safeguard Mechanism, are isolated from the voluntary market used by companies and other organisations. ...

Does Canberra's agenda align with sustainable investment?

RACHEL ALEMBAKIS  |  THURSDAY, 11 AUG 2022  |  NEWS
Recently passed legislation to reduce carbon emissions 43% by 2030 in law is currently the most prominent example of the Labor government's new action on material ESG issues, but experts tell FS Sustainability that more is being done, even if it's ...

APRA releases climate risk assessment results

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
Almost 40% of banks, insurers and superannuation funds say climate-related events could have a "material or moderate impact on their direct operations," according to the Australian Prudential Regulation Authority (APRA). APRA has published the findings ...

Pact Group commits to reducing emissions 50% by 2030

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
Pact Group has set a target of reducing its greenhouse gas emissions in Australia and New Zealand by 50% by 2030. The sustainable packaging, plastic recycling and reuse company's target covers its direct and indirect Scope 1 and Scope 2 emissions. "Our ...

V-Square launches ESG index strategy

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... indexed strategy is currently offered with an unconstrained tracking error and V-Square plans to develop a second version to target a lower tracking error. The MSCI ACWI ex-Australia ESG Materiality and Carbon Transition Select Special Tax Index is a ...

NGS Super divests from oil and gas producers

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... exploration and production companies, predominately Woodside and Santos. The divestment is in line with the fund's announced target of a 35% reduction of Scope 1 and Scope 2 carbon emissions by 2025 within the Diversified MySuper portfolio. The fund ...

New Zealand XRB releases final climate reporting paper

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
New Zealand's External Reporting Board (XRB) has released a final consultation paper on the mandatory Climate-related Disclosure standards that will come into force next year. The New Zealand government last year passed legislation that made climate-related ...