Australia to Plant 1 Billion Trees in the Next 11 Years, Bringing the Country Closer to Paris Agreement’s Goals
This weekend, Australian Prime Minister Scott Morrison announced a plan to plant 1 billion trees as part of nine forestry hubs across the country by 2030. He made the announcement while visiting a forest nursery in the town of Somerset, Tasmania, which will be a site of one of the hubs, the Sydney Morning Herald reported. As […]
Africa’s first Earth system model to provide African-derived projections of climate change
For the first time, the sixth assessment report of the Intergovernmental Panel on Climate Change, due for release in 2019, will contain African-derived projections of future global climate change. The projections will be made possible by a new coupled climate model, which is being developed through collaborative research between the CSIR and Australia’s Commonwealth Scientific […]
Sappi delivers strong first quarter
Financial summary for the quarter EBITDA excluding special items US$197 million (Q1 FY18 US$172 million) Profit for the period US$81 million (Q1 FY18 US$63 million) EPS excluding special items 16 US cents (Q1 FY18 14 US cents) Net debt US$1,557 million (Q1 FY18 US$1,349 million) Commenting on the result, Sappi Chief Executive Officer Steve Binnie said: “In a difficult operating climate, the resilience of […]
Andrew King to be appointed Mondi Group Chief Executive Officer
Mondi plc (“Mondi” or “the Group”) announces that Andrew King, Group Chief Financial Officer (“CFO”) and a director of Mondi plc, will be appointed as Group Chief Executive Officer (“CEO”) with effect from 1 April 2020. Andrew will succeed Peter Oswald who, as announced on 10 January 2020, will be stepping down as CEO and […]
