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Showing 1 - 10 of 55 results for "exploration"

Ad industry proposes greenwashing code

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
... Ad Standards adjudicates complaints. Last year, an advertising campaign by the Australian Petroleum Production and Exploration Association (APPEA) was pulled up for making misleading environmental claims about natural gas as a fuel source. The Advertising ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... that it will cease financing all new oil and gas developments, after stating in January of that year it would cut oil exploration financing by 80% by 2030. By 2025 the firm will strengthen its nature-based solutions offerings, including establishing ...

Danish pension fund completes US$520m divestment

ROSE MARY PETRASS  |  TUESDAY, 3 OCT 2023  |  NEWS
... via active ownership. "However, after a meeting with ENI this spring, it was clear that fossil fuel expansion and exploration remain a central part of the business strategy," CIO Anders Schelde commented. "For AkademikerPension, this is the main reason ...

Australia's wealth gap deepens: Report

CHLOE WALKER  |  THURSDAY, 28 SEP 2023  |  NEWS
... grappling with how to balance the different facets of carbon risk across their portfolio. "The report provides a useful exploration of the delicate balance that investors need to maintain to de-risk their holdings without shuffling carbon risk back into ...

Renewables round up: BlackRock launches US$1.9b NZ renewables fund

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... factories by half by 2030 through up to $90 million from the GIDI Fund. The Ardern government banned offshore oil and gas exploration in 2018. Prime Minister Chris Hipkins said the deal "proves again that we can grow our economy while we lower emissions" ...

NGS tracking ahead on 2030 net zero pledge

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
... the start of its decarbonisation process, including holdings in Woodside and Santos and others in the oil and gas exploration and production industry. The divestment from oil and gas companies was based on calculations relating to stranded assets, rather ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... investor funds to investments which had ties to fossil fuels, including those with activities linked to oil and gas exploration, highlighting investments in Abu Dhabi Crude Oil Pipeline LLC (ADCOP), Chevron Phillips Chemical Co. LLC, Colonial Pipeline ...

Karoon Energy aims for net zero 2035 target

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... senior vice president investor relations and communications. "Following our strategic review we have moved away from exploration and are focusing on both organic and inorganic growth in production. Our strategy is to only look to exploration when seeking ...

Exploding the glass cliff myth

RACHEL ALEMBAKIS  |  TUESDAY, 7 MAR 2023  |  NEWS
... economically meaningful, and that could feature into an investment strategy," Guido said. "However, this has been a data exploration, rather than something we have implemented." Realindex also examined the change in ESG risks of developed market companies ...

Experts weigh net zero risks, opportunities of Origin Energy bid

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
... workers rights around the just transition." There are other concerns about the MidOcean part of the consortium bid and exploration of Origin's upstream permits Kater said. Earlier this year, Origin announced it would divest its interest in the Beetaloo ...
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