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Lion publishes latest Sustainability Report

Lion has published its 2023 Sustainability Report on 22 July 2024– highlighting significant progress made against its Force for Good Strategy. Key highlights: Reduced Scope 1 and 2 carbon emissions by 64% from a 2019 baseline and exceeding its 2030 Science Based Target of 55%, 7 years ahead of schedule With 100% renewable Power Purchase […]

Green light for Australia’s first blue carbon farming trial

Mangroves The Sunshine Coast will soon be home to an Australia-first blue carbon project creating a thriving mangrove ecosystem, a healthier Maroochy River for everyone to enjoy and the potential for future income streams for landholders. The Australian Government’s Clean Energy Regulator has formally registered the nation’s first Blue Carbon project in the Sunshine Coast’s […]

EIB projects drive major net emissions reductions, annual Sustainability Report shows

EIB-backed projects will help significantly reduce greenhouse gas emissions, according to the EIB Group’s Sustainability Report for 2023. EIB Group continued to lower the carbon footprint of its internal operations. Report highlights EIB Group’s commitment to climate action and confirms group is on track to meet its ambitious 2030 targets. The European Investment Bank (EIB) […]

Global recoverable oil reserves hold steady at 1,536 billion barrels; insufficient to meet demand without swift electrification

By Rystad Energy Rystad Energy’s latest research shows global recoverable oil reserves held largely steady at around 1,500 billion barrels, down some 52 billion barrels from our 2023 analysis. Of this year-over-year decrease, 30 billion barrels are due to one year of production, and 22 billion barrels are mostly due to downward adjustments of contingent […]

Australia still on probation over Great Barrier Reef, World Heritage Committee confirms in New Delhi

Australia must report to UNESCO in February 2025 on coral mortality from the 2024 mass bleaching, and further progress to better protect Great Barrier Reef  World Heritage Committee recommends the Australian Govt does more to battle climate change, lifting greenhouse gas reduction targets in line with keeping average global temperature rise to 1.5oC – a […]

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