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Showing 91 - 100 of 486 results for "Shift"

Don't neglect the SDGs in sustainable finance strategy

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
... are less effective in addressing the broader spectrum of sustainability challenges." BCSDA is advocating for a strategic shift that fully recognises and leverages the interdependencies among the SDGs. "If such an approach were to be taken sustainable ...

Only one sector set to meet emissions reduction targets

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
The global push for emissions reduction is failing across most sectors, with all but two increasing emissions and widening gaps to targets. Steel has emerged as the most successful performer, with emissions reduced at more than the rate needed to achieve ...

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... in the Taskforce on Nature-related Financial Disclosures (TNFD). The TNFD framework aims to help companies and investors shift financial inflows towards nature-positive outcomes in line with the goals of the Kunming-Montreal Global Biodiversity Framework. ...

Finance eyes $500b green buildings opportunity

ROSE MARY PETRASS  |  THURSDAY, 16 NOV 2023  |  NEWS
... disclosures. In 2022 the debt market raised more funds for climate-friendly projects than for fossil fuel companies, signalling a shift towards green debt issuance, a trend expected to continue in 2023. The property sector accounted for over 8% of the ...

Preparing for COP28: nature and climate integration

ROSE MARY PETRASS  |  TUESDAY, 14 NOV 2023  |  NEWS
As the world gears up for COP28, practitioners are preparing for a significant shift towards the integration of nature and climate in reporting. Evan Center, an expert in environment and climate change with the United Nations Global Compact Network ...

PRI, CFA Institute and GSIA agree to common RI definitions

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
Three global investment bodies have collaborated to develop a standard set of definitions for the most common terms in responsible investing. CFA Institute, the Global Sustainable Investment Alliance (GSIA), and Principles for Responsible Investment ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... similar phase-in approach for smaller entities, which have fewer resources and may be the least prepared for the significant shift in the new reporting requirements. Under the proposal by Treasury smaller companies will be required to report from 2027-2028 ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... voluntarily taken the right path by seeking verification from us," O'Connor noted. "This new Strategy signifies a significant shift. It implies that all superannuation and investment managers following a 'responsible' investment approach ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Approximately $260 billion of all outstanding Australian bank loans, or 22% of bank lending, are highly exposed to nature-related risk. Ernst & Young Australia and the Australian Conservation Foundation released a report finding that banks that are ...

ASX50 lags on disclosure of political spending: ACCR

RACHEL ALEMBAKIS  |  THURSDAY, 19 OCT 2023  |  NEWS
... lines are common," said IGCC managing director, policy Erwin Jackson. "However, to meet their targets companies have to shift their operating environment, and that means aligning their political engagement with ambitious short term and longer-term net ...