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Showing 101 - 110 of 305 results for "RIA"

Bank says fossil fuel exclusions "will bite" in the future

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
A growing group of financial institutions from around the world are divesting from fossil fuel companies and projects and becoming certified as fossil-fuel free. This presents a growing challenge as the window of what is considered exposure narrows. ...

Social license or social-washing - weighing the value of public statements on the Voice

ROSE MARY PETRASS  |  THURSDAY, 10 AUG 2023  |  NEWS
Many companies and investors have come out with public statements on an Aboriginal and Torres Strait Islander Voice to Parliament, with some questioning the effectiveness - and appropriateness - of such statements. Corporates are evaluating whether ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

APRA strengthens super fund ESG responsibilities

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
The Australian Prudential Regulation Authority (APRA) has clarified that they expect super funds to demonstrate an understanding of ESG risks and opportunities in investment activities and demonstrate how stewardship activities generate value in investments. ...

RIAA CEO Simon O'Connor to exit after 10 years

ROSE MARY PETRASS  |  THURSDAY, 29 JUN 2023  |  NEWS
After serving as chief executive of the Responsible Investment Association Australasia (RIAA) for more than 10 years, Simon O'Connor is leaving the professional network at the end of this year. O'Connor took the position in February 2013, leaving ...

Treasury seeks feedback on mandatory climate-related financial disclosures

ROSE MARY PETRASS  |  WEDNESDAY, 28 JUN 2023  |  NEWS
A second consultation paper released this week by Treasury asks for feedback on a standardised, internationally-aligned, mandatory climate-related financial disclosure framework that will be implemented starting from 2024. The new framework, informed ...

Hejaz invests in Islamic Bank Australia

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 MAY 2023  |  NEWS
Hejaz Group has bought a $10 million stake in Islamic Bank Australia, a move that will see Hejaz abandon its plan to obtain its own retail banking license. Hejaz, an Australian Islamic financial services provider, is funding the investment into Islamic ...

RIAA launches armed conflict toolkit for investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 MAY 2023  |  NEWS
Companies and investors need to be aware of the risks, responsibilities and legal obligations that occur in relation to armed conflicts, with the Responsible Investment Association Australasia (RIAA) launching a toolkit to help investors engage on the ...

Assessing the risks of psychosocial safety

ROSE MARY PETRASS  |  WEDNESDAY, 17 MAY 2023  |  NEWS
No company is immune to risks of psychosocial safety, which poses potential financial risks due to negative impacts on workers and costs associated with lost productivity. Research shows that finance industry and corporate environments, alongside healthcare ...

Are companies drowning in a sea of ESG requests?

ROSE MARY PETRASS  |  WEDNESDAY, 17 MAY 2023  |  NEWS
Corporate engagement by investors is on the rise, and companies are dealing with increased scrutiny, questions, and demands. Governance is crucial in setting systems and processes in place that won't distract from achieving the best ESG outcomes. ...