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Showing 671 - 680 of 1577 results for "Target"

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 ...

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 ...