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Showing 101 - 110 of 333 results for "Legislation"

RBA governor urges implementation of ISSB standards

RACHEL ALEMBAKIS  |  MONDAY, 19 SEP 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." CPA Australia spokeswoman Jane Rennie ...

No ESG drag seen in performance test results

RACHEL ALEMBAKIS  |  THURSDAY, 1 SEP 2022  |  NEWS
... funds that use ESG investing strategies are failing the MySuper performance test under the Your Future, Your Super legislation. As reported in sister publication Financial Standard, five MySuper products have failed the second annual MySuper performance ...

Florida gov bans ESG from state pension investments

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... employees now responsible for proxy voting and investment decisions." In July, Governor DeSantis also unveiled proposed legislation that would amend Florida's Deceptive and Unfair Trade Practices statute to prohibit discriminatory practices by large ...

Clean Energy Finance Corporation turns 10

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... commercialising clean energy technologies. The CEFC survived the 2014 repeal of most of the rest of the Clean Energy Future legislation, despite former Prime Minister swearing a "blood oath" to repeal the carbon pricing mechanism. https://www.fssustainability.com.au/businesses-addressing-climate-change-as-strategic-risk ...

Does Canberra's agenda align with sustainable investment?

RACHEL ALEMBAKIS  |  THURSDAY, 11 AUG 2022  |  NEWS
Recently passed legislation to reduce carbon emissions 43% by 2030 in law is currently the most prominent example of the Labor government's new action on material ESG issues, but experts tell FS Sustainability that more is being done, even if it's ...

ESG product definitions a matter for legislation: ASIC

RACHEL ALEMBAKIS  |  TUESDAY, 2 AUG 2022  |  NEWS
... Securities and Investment Commission believes that standard definitions of ESG products and investments should be set by legislation. ASIC senior executive leader, corporations Claire LaBouchardiere spoke at the recent Australian Council of Superannuation ...

New Zealand XRB releases final climate reporting paper

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
... Climate-related Disclosure standards that will come into force next year. The New Zealand government last year passed legislation that made climate-related disclosures mandatory for around 200 of the country's largest entities. The reporting regime has ...

Directors engage on breadth of ESG issues facing companies

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
... constant change as important issues for board governance. Wood was strongly supportive of passage of strengthened climate legislation in federal parliament. "I think this is a real opportunity for the federal parliament on a bipartisan basis to put in ...

Consultation on faith-based products opens

JAMIE WILLIAMSON  |  THURSDAY, 21 JUL 2022  |  NEWS
Treasury has released draft legislation that would adjust how the Your Future, Your Super performance test is applied to faith-based products. The regulator has also launched a public consultation that will close on August 16. Under the legislation ...

Pause to YFYS rollout as government announces review

RACHEL ALEMBAKIS  |  THURSDAY, 7 JUL 2022  |  NEWS
... of MySuper performance tests have taken place by August this year. The government will also release exposure draft legislation for consultation to implement its election commitment to adjust the performance test for faith-based products. The impact of ...