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Showing 61 - 70 of 410 results for "Scope"

Social TCFD-equivalent seeks leaders

ROSE MARY PETRASS  |  WEDNESDAY, 12 JUN 2024  |  NEWS
... preparing for the launch of the taskforce since early 2023. The working group will inform the mandate, roadmap, and technical scope of the TISFD, as well as governance structure, a two-year workplan, and budget. It will also launch a public consultation ...

AI and crypto mining to drive energy opps: PGIM

MICHELLE BALTAZAR  |  FRIDAY, 7 JUN 2024  |  NEWS
... peers and offer potential for growth," the report noted. There are other areas of the renewable energy sector that can offer scope for more investment returns but the fund manager is quick to stress that fossil fuel will remain part of the landscape ...

Westpac looks for next CSO

ROSE MARY PETRASS  |  THURSDAY, 6 JUN 2024  |  NEWS
... an updated sustainability strategy to 2030. Toohill said Westpac is underway on its sector target of a 23% reduction of Scope 1, 2 and 3 absolute financed emissions by 2030 from a 2021 baseline. "With the final sector target underway, we've almost ...

Canberra scopes First Nations economic policy

ROSE MARY PETRASS  |  MONDAY, 3 JUN 2024  |  NEWS
The Coalition of Peaks is currently consulting on the design of a First Nations Economic Partnership with Treasury. The aim is to improve access to capital markets and employment opportunities and address legislative or policy barriers that hinder that ...

ISSB digital standards not perfect

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
... Sustainability. "The standards are an excellent start but further work is needed to ensure companies are reporting on the full scope of physical risks that climate change may have on their business. "In short, the physical risk component of the standards ...

Subsidiaries must comply with Aussie regime

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
... update on requirements for climate-related financial disclosures in Australia clarifies that such groups do fall within the scope of the Australian regime. This is because "the standards and frameworks and timelines for reporting that apply at the parent/international ...

Companies warned to disclose nature risks

ROSE MARY PETRASS  |  THURSDAY, 2 MAY 2024  |  NEWS
... that veil of opacity and trace back to the source those goods and services that business are procuring... it is similar to Scope 3 reporting." "We don't pretend these issues are a easy, but they shouldn't be a barrier for people to start making ...

J.P. Morgan vows $2.5 tn for sustainable development

ROSE MARY PETRASS  |  WEDNESDAY, 24 APR 2024  |  NEWS
... as internal diversity and inclusion metrics for staff and management. Its achievements so far include a 15% reduction in Scope 1 and Scope 2 greenhouse gas emissions compared to 2019 levels, towards the goal of carbon neutrality by 2030. In 2023 the ...

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
... Climate Change and Net Zero. In nearly half of cases, Citi cited an "absence of a substantive transition plan," and a lack of Scope 3 disclosure. Just 8% of Citi's energy clients had a "comprehensive and ambitious transition plan targeting Scopes 1-3 ...

Flawed carbon credits add to business risk

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
... penalties of $250 per tonne of CO2-e. AGL, EnergyAustralia, and Origin Energy - Australia's top three emitters - reported Scope 1 emissions of a respective 42.2 million, 17.9 million, and 16 million tonnes in the 2019-2020 financial year. "The root ...