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Showing 641 - 650 of 1539 results for "Target"

Westpac sets 2030 net zero commitments

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2022  |  NEWS
... we're setting clear markers and will help our customers transition." Westpac announced that a new emissions intensity target of 0.10tCO2e/MWh (our power generation customers' scope 1 and 2) by 2030, which is lower than the FY21 Australian portfolio ...

Stewart Investors identifies progress to net zero

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
... companies that are making direct or indirect contributions to climate change solutions, while building towards a net zero 2050 target. The Sustainable Funds Group, which managed US$21.5 billion as of the end of 2021, released its 2021 climate report ...

Resource efficiency a marker for investment performance: Osmosis

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
Companies that are more resource-efficient, including efficiency in managing environmental factors, are more likely to provide stronger risk-adjusted returns, according to Osmosis Investment Management. Osmosis uses its in-house research process to ...

CBA expands ESG term deposit to foreign currencies

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 JUL 2022  |  NEWS
Commonwealth Bank of Australia (CBA) will broaden the offering of its ESG term deposit (TD) to international currencies including US dollars and euros. Since launch in December 2021, the ESG TD has raised more than AU$1.5 billion in funding, which is ...

CEFC, Qantas Super back low carbon "enabler" fund

RACHEL ALEMBAKIS  |  THURSDAY, 14 JUL 2022  |  NEWS
... This mandate with Calvert and Goldman Sachs Asset Management is part of that first phase, which will see the super fund target a 24% reduction in carbon emissions across Qantas Super's investment portfolio by 2025, from a baseline of 30 June 2020. ...

ASX 100 chief executive bonuses hit record highs

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022  |  NEWS
Bonuses paid to ASX 100 chief executives hit record highs in FY21, jumping from 31% to 76.7%, according to a new report from the Australian Council of Superannuation Investors (ACSI). In the first year of the pandemic, Australian boards responded to ...

Risk management includes expanded ESG list: Governance Institute

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JUL 2022  |  NEWS
Risk management "begins and ends with the board" and includes a full range of ESG risks including climate change, modern slavery, nature loss and social risks, according to an updated risk management guide from the Governance Institute. Risk management ...

Zurich accelerates net zero commitments

RACHEL ALEMBAKIS  |  THURSDAY, 7 JUL 2022  |  NEWS
... portfolio by 25% by 2025, Zurich will aim to have a carbon neutral portfolio by 2050. Zurich's global operational net zero target has been accelerated from 2050 to 2030, said Zurich head of strategy and sustainability Shaneen Marshall. "We've ...

BNPP AM releases "biodiversity footprint" for investments

RACHEL ALEMBAKIS  |  THURSDAY, 7 JUL 2022  |  NEWS
... targets that can be translated at sector or corporate level. You could establish if a company is above or below biodiversity target levels. We see more and more corporates and investors talking about net zero alignments, this will take some time for ...

Avoid greenwash by linking exec pay to ESG: Maple-Brown Abbott

RACHEL ALEMBAKIS  |  THURSDAY, 30 JUN 2022  |  NEWS
... Initiative, affirming its commitment to align its strategy with net zero emission by 2050 and has set an interim emissions target of a 50% reduction in emission intensity (relative to 2020 levels) by 2030 for the strategy.