No role for monetary policy to address climate changeBY RACHEL ALEMBAKIS | THURSDAY, 20 APR 2023 6:01PMThe Reserve Bank of Australia (RBA) should "take account of climate risks but not use monetary policy to address them," a recommendation made as part of a sweeping overhaul of how the central bank functions. Related News |
Editor's Choice
Green moves: RIAA, Ownership Matters, Pollination Group
Ross Piper is stepping down at the Responsible Investment Association Australasia, while Cbus and Pollination Group also see exits.
Westpac launches social term deposit
The major bank has launched Australia's first Social Tailored Deposit, designed for those seeking investments focused on delivering improved social outcomes.
5000 European ESG funds investing in fossil fuels
Close to 5000 European funds being marketed as ESG hold interests in companies involved in fossil fuels, research shows.
Podcast: Understanding climate reporting
This episode of The Greener Way discusses the newly implemented climate-related financial disclosure standards in Australia with Nicholas Guest, co-lead of HLB Mann Judd's Sustainability Steering Committee.