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Showing 31 - 40 of 636 results for "gas"

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
... stock, increases BlackRock's exposure to fossil fuels as the firm invests in the Gladstone LNG project in Australia, ADNOC Gas Pipelines, the Río Grande LNG terminal in Texas, and East India Petroleum Ltd, among other high-emissions corporations. ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... invest in emerging markets, and enhance impact investing strategies. It has also committed to reducing its exposure to oil and gas in line with 2°C of warming. As a founding signatory to the Net Zero Banking Alliance, the firm previously stated it plans ...

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
... supervisors need to take up a prominent role in directing finance away from the most environmentally harmful sectors like coal, gas and oil, and set minimum ESG expectations in financial regulation and supervision," Siti Kholifatul Rizkiah, lead author ...

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
... fossil fuels for 95% of its energy as of the latest available data in 2020. Hong Kong firm Power Assets Holding used natural gas a way to reduce its dependence on coal and oil. However, despite setting goals to decrease gas from 53% in 2016 to 24% in ...

Climate Change Authority releases ACCU and NGERS reviews

ROSE MARY PETRASS  |  TUESDAY, 19 DEC 2023  |  NEWS
... will 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 ...

QIC secures US$300m SLL

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023  |  NEWS
... compliance with the Science Based Targets initiative (SBTi) - including stretch targets demonstrating reduction in greenhouse gas emissions for portfolio companies with SBTi validated targets. QIC head of global infrastructure Ross Israel said the loan ...

COP28 key outcomes: what it means for finance

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... stage with over 100 countries committing to triple renewable energy, a Loss and Damage fund operationalised, major oil and gas sector entities committing to decarbonising their direct emissions and reducing methane emissions, and over 100 countries committing ...

COP28: "Weak" Global Stocktake slammed

ROSE MARY PETRASS  |  TUESDAY, 12 DEC 2023  |  NEWS
... language on "phase out" of fossil fuels. The text mentions "fossil fuel" three times, "coal" twice, and does not mention oil and gas. It now states to "phase down" and "reduce" fossil fuels. A paragraph on eliminating greenwashing, included in a previous ...

Government sets stage for sovereign green bond

RACHEL ALEMBAKIS  |  THURSDAY, 7 DEC 2023  |  NEWS
... refining and transportation of fossil fuels, as well as programs that predominately assist Australia's highest greenhouse gas emitting facilities.

Here's what happened at COP28 so far

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
COP28: Australia signs Glasgow statement to end public finance for fossil fuels Australia has joined 40 other countries to end international public investment in fossil fuels, as the first week of COP28 saw new agreements regarding financing net zero ...