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Showing 51 - 60 of 393 results for "Scope 2"

Woodside's US$2.35bn gamble raises doubts

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
The energy giant's US$2.35 billion ammonia buyout may placate many shareholders, but the high price paid has raised alarms given the yet-to-be-operational plant hinges on possibly impermanent carbon capture. Last week, Australian oil and gas company ...

Tech giant hits environment target

ROSE MARY PETRASS  |  THURSDAY, 11 JUL 2024  |  NEWS
Amazon has followed in PUMA's footsteps with the claim they have hit a key environmental target seven years early, without disclosing much detail. Amazon's operational energy supply has achieved a 100% renewable energy "match", the e-retail powerhouse ...

Over half of firms created new net zero roles: Deloitte

ROSE MARY PETRASS  |  WEDNESDAY, 3 JUL 2024  |  NEWS
Recruiters on the ground confirm uptick in corporate sustainability roles is unparalleled and shows no signs of slowing, with small to medium size firms now driving demand in Australia. Over 50% of financial firms added headcount or created new roles ...

Retail CSOs do a shuffle

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
Woolworths' chief sustainability officer (CSO) has taken a job with an Amsterdam-based supermarket and will be replaced by an Arnott's executive. Arnott's Simon Lowden was chief transformation officer at the biscuit brand, following a move ...

Sustainable Finance Roadmap to turbocharge investment

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
Investor groups welcome the Australian Government's plan to mobilise private capital to the net zero transition, modernise financial markets and maximise the economic opportunity of sustainability. The Sustainable Finance Roadmap aims to supercharge ...

IFM and QIC scoop major assets in energy deal

ROSE MARY PETRASS  |  MONDAY, 17 JUN 2024  |  NEWS
Two of the nation's largest infrastructure fund managers have attracted major assets to its A$700 million renewable energy program. Critical infrastructure assets and healthcare assets have signed on to the final stage of a power purchase agreement ...

Cromwell restructures lending facility

ROSE MARY PETRASS  |  MONDAY, 17 JUN 2024  |  NEWS
A major commercial real estate investor has converted its $1.2 billion lending facility into a loan tied to emissions reduction and gender pay targets. Cromwell Property Group's loan, which includes eight lenders, was developed with the Commonwealth ...

Social TCFD-equivalent seeks leaders

ROSE MARY PETRASS  |  WEDNESDAY, 12 JUN 2024  |  NEWS
The Taskforce on Inequality and Social-related Financial Disclosures (TISFD) seeks a director, a head of engagement, and four co-chairs for its working group. The TISFD is a Taskforce on Climate-related Financial Disclosures (TCFD)-equivalent for social ...

AI and crypto mining to drive energy opps: PGIM

MICHELLE BALTAZAR  |  FRIDAY, 7 JUN 2024  |  NEWS
The rising consumption of all things digital - cloud computing, artificial intelligence and crypto mining - are giving fund managers new and unlikely sources of alpha in the global energy sector, PGIM research shows. In its investment report titled ...

Westpac looks for next CSO

ROSE MARY PETRASS  |  THURSDAY, 6 JUN 2024  |  NEWS
Siobhan Toohill leaves Westpac next month after two years as chief sustainability officer and nine years as group head of sustainability previously. Toohill will also step back from participation as Westpac's representative on the United Nations Environment ...