Search Results

Showing 31 - 40 of 144 results for "carbon credit"

Norway's oil fund updates climate demands

ROSE MARY PETRASS  |  WEDNESDAY, 20 SEP 2023  |  NEWS
Norway's $1.4 trillion sovereign wealth fund has updated its expectations to companies it invests in on climate, with demands for companies to move from target setting to transition planning. Norges Bank Investment Management has told all companies ...

Impact investment unlocks land finance for Traditional Owners

RACHEL ALEMBAKIS  |  THURSDAY, 14 SEP 2023  |  NEWS
... deal. "The unique element is that this loan is to designed to be repaid through the proceeds of selling Australian Carbon Credit Units, not selling the land or any other revenues," Wood said. "The impact was first class and really something we wanted ...

New Asia-based carbon standards body promises quality carbon credits

ROSE MARY PETRASS  |  THURSDAY, 14 SEP 2023  |  NEWS
A new carbon credit certifier with a focus on urban and tech-based solutions to decarbonise megacities and aims to have up to 100 projects in a year's time. The Asia Carbon Institute (ACI) has been launched in Singapore and Hong Kong and will focus ...

Appointment round-up: TelstraSuper, CSIRO, FRRR

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023  |  NEWS
... environmental analyst at Eurofins. Earlier this year, TelstraSuper backed Apostle Funds Management's new global carbon credit fund, which offers exposure to carbon prices through five major global markets. The Apostle Global Carbon Credit Fund offers ...

TelstraSuper augments sustainable investment team

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
... environmental analyst at Eurofins. Earlier this year, TelstraSuper backed Apostle Funds Management's new global carbon credit fund, which offers exposure to carbon prices through five major global markets. The Apostle Global Carbon Credit Fund offers ...

Government commits public service to net zero by 2030

RACHEL ALEMBAKIS  |  THURSDAY, 31 AUG 2023  |  NEWS
... conflict of interest as theoretically, the Australian government would both be regulating the approval of Australian Carbon Credit Units (ACCUs) as well as purchasing ACCUs to abate public service carbon emissions. The Department Climate Change, Energy ...

Demystifying ACCUs: What are carbon credits and how do they work? - Gary Wyatt

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
Australian Carbon Credit Units have somewhat been in the firing line recently with the independent Chubb review recommending changes to improve transparency and confidence in the scheme. In this podcast, senior journalist Rose Mary Petrass speaks with ...

Mike Ng named first chief sustainability officer for OCBC

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
Oversea-Chinese Banking Corporation Limited (OCBC) has announced the creation of the role of chief sustainability officer with current head of sustainability Mike Ng stepping into the role on 1 August. The new role will lead the transition to net zero ...

New Forests adds California forestry assets

RACHEL ALEMBAKIS  |  MONDAY, 3 JUL 2023  |  NEWS
Global nature-based real assets manager New Forests has bought a 7,600 hectare timber asset in the Mount Shasta region of California. It is the first asset acquired by New Forests' Forest Climate Solutions Fund (FCS) which focuses on combining returns ...

Companies urged to address Scope 3 emissions

ROSE MARY PETRASS  |  THURSDAY, 8 JUN 2023  |  NEWS
... National Greenhouse and Energy Reporting (NGERS) scheme must offset their activities through the purchase of Australian Carbon Credit Units (ACCUs). This knowledge gap has resulted in an increase in carbon offsets, Cajic said, warning that companies ...