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The Australian Climate Leaders Coalition, backed by major companies like Microsoft, Nestlé, and Unilever, is advocating for a transition to a circular economy to reduce greenhouse gas emissions and boost GDP by AU$210bn by 2048. A report highlights the need for CEOs to embrace circularity beyond recycling, emphasizing integration into business strategies and collective action. Key capabilities for success include stakeholder management, enabling technologies, and behavioral engagement.
Qantas is navigating increased competition as Virgin Australia plans its ASX return and a potential partnership with Qatar Airways, which could enhance international rivalry. The airline's share buyback is nearing completion, and it anticipates lower fuel costs, while management changes aim to restore its reputation. Despite a strong share price rise, the recommendation remains a 'Hold' as the company prepares for future growth amid evolving market dynamics.
Qantas Airways Ltd
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circular economy initiatives gain momentum among australian business leaders
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Qantas faces new challenges as Virgin Australia plans ASX return
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01:31 29.11.2024
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