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Showing 91 - 100 of 333 results for "Legislation"

California considers bill to force fossil fuel divestment for CalPERS, CalSTRS

RACHEL ALEMBAKIS  |  THURSDAY, 13 APR 2023  |  NEWS
... investments of public employee retirement funds in a fossil fuel company, as defined," according to the text of the legislation. "The bill would require the boards to liquidate investments in a fossil fuel company on or before July 1, 2030. The bill ...

The implications of Australia's new carbon emissions target for bond investors

DAVID MCNEILL  |  WEDNESDAY, 5 APR 2023  |  NEWS
... 2050 were set by Australia's House of Representatives as part of a Climate Change Bill. This provides overarching legislation to implement Australia's net-zero commitments and codifies its targets under the Paris Agreement in national law. The 2030 target ...

Businesses back stronger Modern Slavery Act

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... The federal government has been conducting a review of the Modern Slavery Act, and it is widely supposed that the legislation will be reformed to further the aim of reducing modern slavery in Australian companies' operations and supply chain. The ...

Cybersecurity tops ESG priorities for ASX companies: Perennial

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
... surveyed do not report their GHG emissions. Respondents didn't report future mandatory climate disclosure obligations via legislation or the future integration of the International Sustainability Standards Board's sustainability reporting standards as ...

Testing ESG impacts on US pension fund returns

RACHEL ALEMBAKIS  |  THURSDAY, 9 FEB 2023  |  NEWS
... a -3.6% loss and the average red state pension fund showing a -6.2% loss. "If this effect is due the recent state legislation on US investments, the long-run costs could become significant," Rainmaker said. "This result does not address political tensions ...

Government introduces gender pay gap bill

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023  |  NEWS
New legislation to close the gender pay gap has been introduced, requiring employers to publish pay gap data for increased transparency. The Workplace Gender Equality Amendment (Closing the Gender Pay Gap) Bill 2023 requires employers with 100 or more ...

Podcast: Australia's role at COP15 with Andrew Petersen

RACHEL ALEMBAKIS  |  THURSDAY, 8 DEC 2022  |  NEWS
... applications and interest in attending COP27 primarily in the wake of the election of the new Labor government along with new legislation to increase carbon reductions to 43% and the possibility of Australia hosting COP31 Petersen has previously told ...

Carve outs for faith-based super funds are dead

ANDREW MCKEAN  |  WEDNESDAY, 30 NOV 2022  |  NEWS
... Australia (ISA) said that the performance test should be applied consistently to all super products covered by the legislation. "It's not clear why it's necessary to introduce a differential test which undermines the intention of the performance ...

ISSB to require Scope 3 emissions disclosure

RACHEL ALEMBAKIS  |  MONDAY, 24 OCT 2022  |  NEWS
... AASB chair Keith Kendall previously told FS Sustainability "there is a general expectation, and this is written in legislation, that we will adopt the international one unless there's a really good reason not to." Also at its October meeting, ISSB ...

Investors call for 75% emissions reduction by 2035

RACHEL ALEMBAKIS  |  THURSDAY, 29 SEP 2022  |  NEWS
... reforms to the Safeguard mechanism are "positive steps to build investor confidence." Other recommendations include legislation to enshrine a net zero 2050 target, "embeds a response to physical risk, ensures independent advice to the public and Parliament ...