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Showing 1 - 10 of 633 results for "gas"

J.P. Morgan vows $2.5 tn for sustainable development

ROSE MARY PETRASS  |  WEDNESDAY, 24 APR 2024  |  NEWS
... inclusion metrics for staff and management. Its achievements so far include a 15% reduction in Scope 1 and Scope 2 greenhouse gas emissions compared to 2019 levels, towards the goal of carbon neutrality by 2030. In 2023 the firm invested over $200 billion ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... facilitative finance. It is the only big four bank reportedly without a substantive policy to restrict financing to new oil and gas, CEF says. "Banks need to actively reorient their lending if they are to align their climate rhetoric with their capital ...

Podcast: Divestment, impact, and all that good stuff with Sharon Davis of Future Super

ROSE MARY PETRASS  |  TUESDAY, 16 APR 2024  |  NEWS
... Investments at Future Super, a superfund that invests for a fossil fuel free future. The superannuation firm has no coal, oil and gas holdings, and an ethos rooted in ethical investment with a focus on clean energy and social impact projects. The pair ...

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
... investors are neglecting to use one of the most important tools at their disposal to mitigate risk by bringing coal, oil and gas companies into line with climate goals." Market Forces' new analysis highlights how all directors of companies failing to ...

Flawed carbon credits add to business risk

ROSE MARY PETRASS  |  THURSDAY, 4 APR 2024  |  NEWS
... and social co-benefits. The certificates are tied to specific offset projects that represent a certain amount of greenhouse gas mitigation. Human-induced regeneration projects (HIR) is one of the most common nature-based offset types. These do not involve ...

Canberra acts on billion-dollar net zero plan

ROSE MARY PETRASS  |  WEDNESDAY, 3 APR 2024  |  NEWS
... Affected workers in emissions-intensive industries get new employment and training - and workers impacted by select coal and gas power station closures also get an Energy Industry Jobs Plan. Investors welcome to move, warning a vacuum of authority causes ...

Larry Fink letter urges pragmatism

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
... not be achieved without greater flows into energy infrastructure - but also continued investment into traditional (oil and gas-based) energy firms. BlackRock has never supported divesting from fossil fuels. Fink called such companies "pioneers of decarbonisation". ...

Kiwi energy broker sparks interest across the pond

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
New Zealand-based gas, power, and carbon markets brokerage firm Aotearoa Energy has attracted the attention of UK market infrastructure firm TP ICAP in a takeover deal. The buyout is for an undisclosed sum. TP ICAP said the acquisition is complementary ...

Deutsche Bank links 33% of long-term bonuses to non-financial targets

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... targets for carbon-intensive sectors, in line with its net zero pathway. Seven targeted carbon-intensive sectors are oil and gas, power generation, automotive, and steel, coal mining, cement, and shipping. This covers 54% of the bank's financed emissions. ...

Lombard Odier brings plastic circularity fund down under

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024  |  NEWS
... Trustees will serve as responsible entity of the fund. The fund's objective is to reduce plastic waste and greenhouse gas emissions in the plastic value chain while delivering market returns, it said. It aims to do this by investing in companies ...
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