BHP is on track to achieve its FY30 operational and value chain emission reduction goals while signing new muti-year deals to trial decarbonisation technologies in the steel industry, according to its half yearly results released today.
A new report from the Australian Industry Energy Transition Initiative (ETI) says Australia's biggest emitting sectors will be able to reduce their emissions by 92% by 2050 if the nation doubles its electricity generation and invests in renewable hydrogen.
A key plank of BlueScope Steel’s plans to decarbonise its steel making business is on hold until the Federal Government finalises its Safeguard Mechanism, the company said today.
This year's Global 100 rankings of the most sustainable corporations has revealed an ongoing correlation between environmental business and high returns, with Australian logistics operator, Brambles continuing its climb up the table despite increasing competition.
The majority of Australian banks and the country’s largest superfunds are yet to set nature-related targets and only 20% have so far committed to doing so, according to a new report from the Australian Conservation Foundation.
The government has today announced its plan to introduce a standardised, internationally-aligned climate risk reporting framework for business to ensure investors have the transparency needed to manage climate risks.
Westpac is well advanced on developing its own criteria for assessing what constitutes sustainable finance ahead of the imminent release of the Australian Sustainable Finance Institute’s draft guidelines.
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.