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Just 5% of global emissions covered by corporate targets

ROSE MARY PETRASS  |  TUESDAY, 20 JUN 2023  |  NEWS
CDP has issued a stark warning that current corporate targets disclosed will not reduce emissions enough to limit warming to 1.5 degrees. CDP's new Corporate Environmental Action tracker has found the number of 1.5°C -aligned science-based targets ...

Climate Action 100+ ramps up corporate activities

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUN 2023  |  NEWS
Climate Action 100+ will step up engagement activities and shift the focus from corporate climate-related disclosure to implementation of climate transition plans while increasing obligations on lead investors. Climate Action 100+ is a collaborative ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  THURSDAY, 15 JUN 2023  |  NEWS
Santos has admitted that its retired offshore oil and gas field Legendre has been leaking gas for a decade, throwing into doubt investor abilities to meet net zero plans. Methane gas - a greenhouse gas 25 times more powerful than carbon dioxide - has ...

Cost a barrier for SME ambition on net zero: BSI

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUN 2023  |  NEWS
Small and medium-sized enterprises (SMEs) increasingly identify sustainability and net zero targets as important to their business practice, but cost is the main barrier towards taking action, according to BSI Group. BSI Group - the global standards ...

A new "nuclear renaissance" for investors: Maple-Brown Abbott

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUN 2023  |  NEWS
Global energy markets are entering the "next nuclear renaissance", with Australian uranium miners poised to benefit over the short and medium term, according to Maple-Brown Abbott. "With the main focus being on energy security, a re-contracting cycle ...

IGO announces new CEO

RACHEL ALEMBAKIS  |  TUESDAY, 13 JUN 2023  |  NEWS
IGO Limited has hired a new chief executive officer and managing director, following the unexpected death of its previous CEO and managing director last year. IGO is an ASX-listed xploriation and mining company that focuses on minerals critical to renewable ...

IIGCC, TPI Centre launch Bank Net Zero Standard

ROSE MARY PETRASS  |  TUESDAY, 13 JUN 2023  |  NEWS
The Institutional Investors Group on Climate Change (IIGCC) and other stakeholders has launched a Net Zero Standard for Banks alongside a Banking Assessment Framework setting out investor expectations on the transition to net zero. Over 25 investors ...

Podcast: Inside the FSS Newsroom II - Rose Mary Petrass

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
FS Sustainability Senior Journalist Rose Mary Petrass joins to discuss our action-packed month of May, the issues she's looking into and the news shaping our coverage going forward.

Climate change most pressing issue for APAC C-Suite: Deloitte

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
... includes the insights of 500 APAC C-Suite leaders and their role, their climate intent and the challenges executives face to act on those targets. 45% of Asia-Pacific based CxOs said climate change is the most pressing issue to focus on over the next ...

Stakeholders weigh in on Nature Repair Market bill

ROSE MARY PETRASS  |  THURSDAY, 8 JUN 2023  |  NEWS
... accessible and the formalisation of an audit process using registered auditors under the National Greenhouse and Energy Reporting Act. However, ASFI called on the government to strengthen environmental protection regulation and restoration targets in ...