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Showing 51 - 60 of 345 results for "Scope"

Australian companies lagging on climate action

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
... interim targets on the road to decarbonising by 2050, and plans and associated allocation of capital still fall short in both scope and ambition. There is some progress - 57% of the Australian companies are now fully disclosing net zero commitments ...

Climate fund assets reach half a trillion dollars

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
... those in climate solutions, with average implied temperature rises of 3.3°C versus 2.4°C. This was largely attributed to Scope 3 emissions. Hortense Bioy, global director of sustainability research commented: "The growth of climate-related funds over ...

ART outlines road to net zero 2050

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023  |  NEWS
... companies to achieve real-world emissions reductions towards a low carbon economy." ART's net zero commitment covers Scope 3 category greenhouse gas emissions - the emissions from portfolio holdings. The interim target of a 43% reduction is measured ...

Australian businesses failing to achieve on sustainability goals

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 SEP 2023  |  NEWS
... that data." Smith highlighted challenges in collecting carbon emission data. "Let's break it down - it's not just scope 1 and 2, which is your operational emissions, it's scope 3, which is the upstream supply chain and the downstream supply ...

Corporates to begin adopting final TNFD recommendations

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  TUESDAY, 19 SEP 2023  |  NEWS
... the location phase of LEAP instead." "That will help get the organisation-wide initial understanding and agreement to the scope of what that organisation's interface with nature is, and then then you go into a deep dive once you start the LEAP assessment ...

How to achieve low carbon intensity in your equity portfolio

ROSE MARY PETRASS  |  THURSDAY, 14 SEP 2023  |  NEWS
... TruCost has found that every sector in the S&P 500 aside from financials is not 1.5°C aligned - even before full considering Scope 3 emissions. Martha Brindle, director of equities in public markets at bfinance, told FS Sustainability : "We are seeing ...

Human rights in business remain a challenge

ROSE MARY PETRASS  |  MONDAY, 4 SEP 2023  |  NEWS
... regulation, global trends are compelling businesses to expand their modern slavery risk management to encompass a broader scope of human rights due diligence. To support this endeavour, the UN Global Compact Network Australia has introduced a new roadmap ...

Government commits public service to net zero by 2030

RACHEL ALEMBAKIS  |  THURSDAY, 31 AUG 2023  |  NEWS
The Australian government has committed the Australian Public Service to a net zero 2030 target its Scope 1 and Scope 2 emissions. The Department of Finance has quietly rolled out the target, which will "achieve net zero by actively reducing emissions ...

RBA sets 2030 net zero target

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
The Reserve Bank of Australia has committed to a 2030 net zero target for all Scope 1 and Scope 2 emissions. Speaking at the Sir Leslie Melville Lecture in Canberra, incoming governor Michele Bullock announced the target and said the central bank is ...

Investors consider greenwashing when setting net zero targets

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
... that needs to be turned into information... and that requires someone who can interpret what should be included within the scope of a particular company's emissions boundary, for example, is it is it appropriate to include something in scope three ...