There are now 23 of the 187 companies in the ASX 200 that have committed to long-term net zero targets for scope 1, 2 and 3 emissions aligned with the 1.5°C goal of the Paris Agreement, according to the latest analysis from Climateworks.
Big engineering group Civmec saw large rises in its scope 1 and 2 emissions in FY22, following a sharp increase in fabrication workload compared with the Covid-affected previous year.
Rio Tinto expects thermal storage will offer the quickest route to reducing emissions from its major processing plants, particularly its aluminium smelting operations, the company’s chief scientist Nigel Steward told an investor briefing yesterday.
New research from global business software company SAP has revealed that 86% of Australian organisations see a positive connection between sustainable business actions and profitability, but a lack of reliable data to measure ROI is holding back investment decisions.
Coles has expanded its industry-first carbon neutral beef range, putting the product on sale throughout its NSW, South Australian and Tasmanian stores.
Despite the development of new technologies to decarbonise the alumina industry the sector will require large amounts of renewable energy if it is to meet it’s 2035 targets, according to a new report from ARENA.
Increased production from Orica’s Yarwun ammonium nitrate plant pushed the facility over its Safeguard baseline, and required the company to surrender 60,000 ACCUs during the year to meet compliance, the company said in its Climate Action Report.
