Search Results

Showing 61 - 70 of 99 results for "ACCUs"

Fortescue Metals strengthens 2030 decarbonisation targets

RACHEL ALEMBAKIS  |  THURSDAY, 22 SEP 2022  |  NEWS
... US$818 million per annum from 2030, based on prevailing market prices of diesel, gas and Australian Carbon Credit Units (ACCUs) and cumulative operating cost savings of US$3 billion by 2030 and payback of capital by 2034, again based on prevailing market ...

ACCU demand to rise with Climate Active certification: CBA

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
... voluntary government certification for climate targets are expected to further drive the use of Australian Carbon Credit Units (ACCUs), according to Commonwealth Bank. As Australian businesses adopt net zero carbon targets, they are also seeking certification ...

Government launches review of Safeguard Mechanism

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
... units. Facilities unable to meet their reducing baselines may look to buy and surrender Australian Carbon Credit Units (ACCUs). For entities that exceeded their baseline targets, the federal government has also proposed to provide Safeguard Mechanism ...

Labor victory likely to increase ACCU demand: CBA

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 MAY 2022  |  NEWS
Demand for Australian Carbon Credit Units (ACCUs) is likely to rise as a result of Labor's victory in the federal election, according to CBA. With Anthony Albanese forming government, Labor will target a 43% reduction in greenhouse gas emissions from ...

AASB considering ISSB sustainability standards

RACHEL ALEMBAKIS  |  THURSDAY, 28 APR 2022  |  NEWS
The Australian Accounting Standards Board (AASB) is considering how to integrate climate change and sustainability-related financial accounting standards into Australian standards. AASB is consulting on the recently draft International Sustainability ...

HSBC funds blue carbon projects

RACHEL ALEMBAKIS  |  THURSDAY, 21 APR 2022  |  NEWS
... overarching aim of these programs is to increase the supply of projects eligible to generate Australian Carbon Credit Units (ACCUs) under the blue carbon methodology announced by the Clean Energy Regulator in January this year, said According to HSBC ...

CBA highlights strong demand for ACCUs in push to expand carbon market

RACHEL ALEMBAKIS  |  THURSDAY, 3 MAR 2022  |  NEWS
... sector has contributed the most to ACCU supply. Adding carbon capture and storage (CCS) methodologies to the generation of ACCUs would help address the supply imbalance of high quality carbon credits, according to CBA senior economist and currency strategist ...

Property manager buys nearly 100,000 carbon credits for offsetting

RACHEL ALEMBAKIS  |  THURSDAY, 9 DEC 2021  |  NEWS
Industry Super Property Trust (ISPT) has purchased nearly 100,000 Australian Carbon Credit Units (ACCUs) to meet carbon neutral commitments for its property portfolio. ISPT has purchased and surrendered 97,000 ACCUs, representing one metric tonne of ...

Deep impact: the next step in sustainable investing

RACHEL ALEMBAKIS  |  THURSDAY, 18 NOV 2021  |  NEWS
Impact investing has previously more been identified with private market strategies and investments in specific use of proceeds bonds like green bonds or social impact bonds, where the allocation of capital is directly tied to the activity of the use ...

CEFC makes $25m allocation to Orica to manage nitrous oxide

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 NOV 2021  |  NEWS
... awarded a contract by the Clean Energy Regulator (CER) to purchase up to about 3.4 million Australian Carbon Credit Units (ACCUs) for a fixed price over seven years.