Search Results

Showing 71 - 80 of 354 results for "fossil fuel"

California considers bill to force fossil fuel divestment for CalPERS, CalSTRS

RACHEL ALEMBAKIS  |  THURSDAY, 13 APR 2023  |  NEWS
A bill that would force CalPERS and CalSTRS to divest from fossil fuel investments by July 2030 is making its way through the California legislature. SB 252, which would halt future investment in fossil fuel assets and force the California pension funds ...

Karoon Energy aims for net zero 2035 target

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
Oil producer Karoon Energy is implementing strategies in line with its net zero target of 2035 covering Scope 1 and 2 emissions. The company, which operates assets in Brazil, is implementing the result of a strategic corporate review that incorporates ...

Market Forces asks for ASIC investigation of ANZ

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... the company constitution to permit advisory resolutions. The second was an advisory resolution seeking disclosure on fossil fuel financing. "Market Forces and ANZ shareholder Christine Cook have asked ASIC to investigate whether ANZ directors made a ...

Time is running out: latest IPCC report says 1.5°C is "likely"

ROSE MARY PETRASS  |  TUESDAY, 28 MAR 2023  |  NEWS
The Australia Pacific region is particularly vulnerable to climate change impacts, with the Intergovernmental Panel on Climate Change (IPCC) giving a stark warning that the world must act now to limit the worst effects. The IPCC has released its AR6 ...

New report finds global carbon markets hit new record amid energy crisis

ROSE MARY PETRASS  |  MONDAY, 27 MAR 2023  |  NEWS
... crisis and broader inflationary pressures of 2022 strengthened policymaker's commitments and accelerated efforts to end fossil fuel dependency, reveals the 2023 International Carbon Action Partnership (ICAP)'s Emissions Trading Worldwide Status Report. ...

Bank Australia sets interim 2030 net zero target

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2023  |  NEWS
... including staff transport and waste management. Last year, Bank Australia also announced that it would cease loans for new fossil fuel cars by 2025. "Our responsible banking policy makes it really clear what we do not lend to and where we should be lending ...

ASIC takes Mercer to court over greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023  |  NEWS
Mercer Super Trust is the first entity in Australia to face legal action for alleged greenwashing conduct. ASIC has launched court action against Mercer Superannuation (Australia), the trustee of the Mercer Super Trust, for allegedly making misleading ...

NGS Super taps Robeco for global equities ESG mandate

RACHEL ALEMBAKIS  |  THURSDAY, 23 FEB 2023  |  NEWS
... MSCI World Index, structured to take into account NGS's exclusions of tobacco, controversial weapons, nuclear and fossil fuel exposures, said NGS Super head of equities, fixed income and alternatives Lucas Hartmann. "This is where the tricky bit ...

Government's Climate Active certification challenged over possible greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2023  |  NEWS
... greenwashing and it is undermining Australia's emission reduction efforts and international reputation. "Promoting fossil fuel companies as climate leaders punishes companies with legitimate climate ambition. It rewards greenwashing while credible ...

IFM Investors commits to US biogas developer

RACHEL ALEMBAKIS  |  THURSDAY, 2 FEB 2023  |  NEWS
... CEO and founder Marc Fetten will continue to lead GreenGas alongside the existing management team. "This displaces fossil fuel consumption," Mangini noted. "... More importantly, these are effectively fugitive emissions that are being captured. You have ...