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Showing 1 - 10 of 14 results for "Carbon Border Adjustment Mechanism"

Decarbonising aluminium key priority for Capral

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
... Australian aluminium must be cost competitive with other markets, leading him to support a Carbon Border Adjustment Mechanism (CBAM). "We do want to continue with local supply because we want to support local and we are a part of the local aluminium ...

How to spot a credible transition plan: Energetics

RACHEL ALEMBAKIS  |  MONDAY, 4 DEC 2023  |  NEWS
Editorial note: This is the fifth in a six-part series of articles brought to you by Energetics Moving past ambitious net zero targets, investors are now focusing on how companies will get from here to 2050 and how robust their transition plans are. ...

New EU rules at the border and beyond

ROSE MARY PETRASS  |  TUESDAY, 10 OCT 2023  |  NEWS
... sustainability rules at the border and beyond: World-first European Green Bond standard, EU launches Carbon Border Adjustment Mechanism (CBAM), Corporate Sustainability Reporting Directive (CSRD) slated for 2024. World-first European Green Bond standard ...

Investing in net zero "makes business sense": Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... in a price for carbon. We don't have an explicit carbon price today, but there will be a Carbon Border Adjustment Mechanism, there's the Safeguard Mechanism, and an increased focus on Scope 3 will lead companies to preference suppliers with lower ...

Australian companies lagging on climate action

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 OCT 2023  |  NEWS
... Climate Action 100+ that's where the biggest transitional risk lies, particularly with the [Carbon Border Adjustment Mechanism] coming in." Climate Action 100+ is engaging with 159 listed companies deemed the highest emitting in the world, with 14 being ...

Business climate action "irreversible": Combet

RACHEL ALEMBAKIS  |  THURSDAY, 14 SEP 2023  |  NEWS
... reductions, an increase from 29% last year. In other key findings, 64% supported Australia imposing a Carbon Border Adjustment Mechanism, with 27% unsure, 45% of respondents said there was insufficient policy and regulatory guidance on their role in ...

Australia considers carbon tariff to level playing field

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
... business that are incurring costs to decarbonise their products. If Australia introduces a carbon border adjustment mechanism (CBAM), it would not only be following in the footsteps of the European Union, it would also serve the purpose of creating a ...

2023 the year for business action on climate change: EY

RACHEL ALEMBAKIS  |  THURSDAY, 2 FEB 2023  |  NEWS
... drive that certainty." Australian businesses must also prepare for the impacts of a forthcoming Carbon Border Adjustment Mechanism (CBAM) from the European Union. The CBAM would place a levy to export goods to the EU based on the intensity of greenhouse ...

Safeguard Mechanism reforms to prompt ACCU demand

RACHEL ALEMBAKIS  |  THURSDAY, 26 JAN 2023  |  NEWS
... 7 financial years." Donovan also pointed to the recent commitment by the EU to introduce a Carbon Border Adjustment Mechanism (CBAM) as driving further activity on compliance markets, but said that the momentum is tempered by ongoing negotiations over ...

Australian businesses exposed to EU carbon levy

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
Australian businesses must prepare for the impacts of a forthcoming Carbon Border Adjustment Mechanism (CBAM) from the European Union, according to EY. In recent weeks, the EU has reached agreement on the structure of the CBAM, which would place a financial ...
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