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Showing 81 - 90 of 431 results for "coal"

Cobalt essential to net zero goals but brings labour risks: ISS ESG

RACHEL ALEMBAKIS  |  THURSDAY, 13 OCT 2022  |  NEWS
Demand for cobalt - a key mineral in electric vehicle and battery production - is expected to skyrocket, and increasing sourcing from countries like Australia could help diversify away from labour and safety risks present in other countries, according ...

CEFC, Grok Ventures back solar tech firm

RACHEL ALEMBAKIS  |  THURSDAY, 13 OCT 2022  |  NEWS
... one of the most efficient ways to reduce emissions from the energy sector and fill the gap in supply from the retirement of coal-fired power stations. CEFC cites information from the World Silver Survey stating that the solar PV industry consumes approximately ...

Cbus quits Net Zero Asset Owners Alliance

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
Cbus Super has quit the Net Zero Asset Owners Alliance (NZAOA) on the grounds of working to support their internal net zero commitments. The Net Zero Asset Owners Alliance is led by former Bank of England governor Mark Carney and convened by the UNEP's ...

Investors call for 75% emissions reduction by 2035

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
A coalition of Australia's largest superannuation funds and fund managers have outlined "high priority" policy recommendations including a 75% reduction target by 2035. The Investor Group on Climate Change (IGCC) has called on the federal government ...

UniSuper caps future investment in fossil fuel

RACHEL ALEMBAKIS  |  THURSDAY, 15 SEP 2022  |  NEWS
... of 7% and has divested from companies that generate more than 10% of revenue from the extraction and production of thermal coal. UniSuper has issued its fifth annual climate risk report, detailing the $108 billion super fund's progress towards its net ...

Glencore faces greenwashing allegations

RACHEL ALEMBAKIS  |  THURSDAY, 8 SEP 2022  |  NEWS
... Australia has found no evidence to support such claims. In fact, Glencore has active plans to dramatically expand its Australian coal mining operations and keep digging for decades to come." Glencore told FS Sustainability "We will review the materials ...

Government launches review of Safeguard Mechanism

RACHEL ALEMBAKIS  |  THURSDAY, 18 AUG 2022  |  NEWS
The federal government has launched a review of the Safeguard Mechanism as part of its overall policy to reduce Australia's carbon emissions by 43% by 2030. The government is seeking consultation on the proposed review and reform of the Safeguard Mechanism ...

NGS Super divests from oil and gas producers

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... on holding companies that generate more than 30% of revenue from distribution, power generation, or extraction of thermal coal, and has now expanded those restrictions to include companies who are in the oil and gas production and exploration sector. ...

Westpac sets 2030 net zero commitments

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2022  |  NEWS
... continue to be supported with corporate lending, Westpac said. Westpac has previously committed to exit financing of thermal coal by 2030, and has updated their thermal coal mining definition to align with the NZBA guidelines for thermal coal. The new ...

Innova launches ESG model portfolios

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
... derive more than 1% of revenue from tobacco and weapons, and companies that derive more than 10% of revenue from thermal coal mining, fossil fuel, alcohol, gambling, pornography, as well as companies that undergo severe discrimination controversies ...