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7 ASX 200 shares with emission reduction strategies
Brooke Cooper | April 30, 2021 7:38am |
More on: Image source: Getty Images
Australians, and many ASX 200 companies, are becoming increasingly conscious of the future of our carbon emissions. But the role the private sector has to play in Australia’s approach to tackling climate change has been even more in focus since Prime Minister Scott Morrison’s attendance at the virtual Leaders Summit on Climate last week.
The Prime Minister didn’t add much to the climate change debate at the event. But, as the ABC reported, his comments that our efforts in this area would be largely “driven by our… private sector” help shine the spotlight on the future of carbon emissions that many climate-conscious ASX 200 companies are already addressing.
April 30, 2021
In New Zealand and casino operator SkyCity Entertainment Group Limited is reportedly hoping to raise up to $90 million via the launch of a new bond offer so as to boost its liquidity in the wake of the coronavirus pandemic.
According to a report from Inside Asian Gaming, the Wellington and Sydney-listed company is responsible for New Zealand’s SkyCity Auckland, SkyCity Hamilton and SkyCity Queenstown properties and recently spent in the region of $243 million to renovate its SkyCity Adelaide venue in Australia. The source detailed that the bond scheme also contains an up to $36 million over-subscription option and has been launched after the company was last spring forced to completely shutter its trio of domestic operations for just over seven weeks owing to concerns associated with coronavirus.
April 13, 2021
In New Zealand and casino operator SkyCity Entertainment Group Limited has reportedly announced that it is to permanently cease using junket firms to attract high-value foreign gamblers to its four properties.
According to a report from Inside Asian Gaming, the Wellington and Sydney-listed company is responsible for New Zealand’s SkyCity Auckland, SkyCity Hamilton and SkyCity Queenstown properties and recently spent in the region of $243 million so as to renovate its SkyCity Adelaide venue in Australia. The source detailed that the shake-up comes after the casino operator completed an eight-week strategic review into its international business that found potential due ‘diligence’ and ‘know your customer’ shortfalls connected to the use of junket firms.