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Showing 61 - 70 of 1237 results for "emissions"

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
... activities. The tracker analysed data from 47 jurisdictions which represent over 88% of the world's GDP and 72% of global GHG emissions. Notable progress has been made on central banks and pension funds' integration of biodiversity in their portfolios ...

Forestry fund raises $450m for natural capital

ROSE MARY PETRASS  |  MONDAY, 8 JAN 2024  |  NEWS
... Government's Clean Energy Finance Corporation (CEFC), which committed $75 million to the fund. The fund aims to drive down emissions through sequestration, by supporting the development of new greenfield plantations. It will also support the conversion ...

Built industry bodies call for green innovation policy

RACHEL ALEMBAKIS  |  MONDAY, 8 JAN 2024  |  NEWS
... environment in Australia could unlock $49 billion in energy savings between now and 2050 while avoiding 199mt of CO2 emissions, according to a report by the Property Council of Australia and the Green Building Council of Australia. The industry bodies ...

How much does it cost to "green" a portfolio

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... points or 6% more than the move to the "green" benchmark. This extra cost is associated with a 14% decrease in climate emissions intensity compared to the benchmark. Crucial to evaluating investor risk appetite is the finding that different trading strategies ...

Task Force on Climate-Related Financial Disclosures disbanded

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... regulator can take action against directors and reporting entities in relation to forward-looking statements and Scope 3 emissions. Treasury has stated in its consultation paper that companies "will be afforded protection from false or misleading representation ...

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
... global fund manager alleged false and misleading statements in the application of its negative screening for carbon emissions. The firm claimed its NT World Green Transition Index Fund excluded companies that "derive 5% or more of their total annual ...

Two Aussie states ramp up climate ambitions to attract investment

ROSE MARY PETRASS  |  TUESDAY, 19 DEC 2023  |  NEWS
... as part of its net zero by 2050 target. All Australian state and territory governments are now committed to net zero emissions by 2050 or earlier, covering emissions produced within Australia's borders. The majority of states and territories have ...

Climate Change Authority releases ACCU and NGERS reviews

ROSE MARY PETRASS  |  TUESDAY, 19 DEC 2023  |  NEWS
... announce a government response to all the recommendations by mid-2024. NGERS is used to measure and report greenhouse gas emissions and energy production and use. In its second review of the NGER legislation, the CCA primarily focused on NGERS, citing ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... reporting legislation is passed, what should businesses be doing now to prepare? A: Gather data on Scope 1 and Scope 2 emissions, which they should be gathering anyway. Understand all energy sources and any other sources of emissions. You have to have ...

The rise and rise of ESG salaries

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... company's sustainability credentials. Organisations within supply chains are required to disclose ESG compliance and scope 3 emissions to enable larger corporates achieve reporting requirements, and now investors are prioritising ESG credentials in the ...