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Showing 111 - 120 of 616 results for "benchmark"

Accountant ethics board drafts new sustainability benchmarks

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024  |  NEWS
An international independent global standards-setting board has released new standards on ethical considerations in sustainability reporting and assurance. Public consultation has opened on the two new exposure drafts, put forward by International Ethics ...

Built industry bodies call for green innovation policy

RACHEL ALEMBAKIS  |  MONDAY, 8 JAN 2024  |  NEWS
Electrifying the built environment in Australia could unlock $49 billion in energy savings between now and 2050 while avoiding 199mt of CO2 emissions, according to a report by the Property Council of Australia and the Green Building Council of Australia. ...

How much does it cost to "green" a portfolio

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... investigates the cost of transitioning from the STOXX Europe 600 to three different portfolios: two that use climate benchmark indices, and one which is similar Developed Europe portfolio. The two different versions of the index that are compliant with ...

QIC secures US$300m SLL

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023  |  NEWS
The Queensland Government-owned fund manager has converted a finance facility into a US$300 million sustainability-linked loan (SLL). Lenders are Commonwealth Bank of Australia, ANZ, ING Group, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Banking ...

COP28: Australia commits $150m to Pacific resilience

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
The Australian government has announced it will rejoin the global Green Climate Fund with an initial contribution of $50 million, and allocate $100 million to the Pacific Resilience Facility, to help developing countries transition their economies to ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... abatement, the better." The Business Council for Sustainable Development Australia (BCSDA) noted that the strategy "sets a benchmark. "The focused approach on transitioning to renewable energy, improving building energy efficiency, and adopting Zero ...

Sustainable AUM tops US$30 trn despite tighter labels

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
Despite increased rigour causing a decline in assets labelled as "sustainable", sustainable investment assets under management increased by 20% since 2020 in non-US markets. A global collaboration of sustainable investment organisations has teamed up ...

UN-informed tool to assess SDG progress

ROSE MARY PETRASS  |  TUESDAY, 28 NOV 2023  |  NEWS
Bloomberg ESG has integrated a United Nations' framework to assess the alignment of companies to Sustainable Development Goals (SDGs). The tool incorporates the UN Environmental Programme Finance Initiative (UNEP FI) Sector Impact Map to move needle ...

Slow progress on human rights in business

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... gender performance, according to The World Benchmarking Alliance (WBA). WBA recently released its Corporate Human Rights Benchmark and Gender Benchmark. The human rights benchmark ranked 110 of the world's largest apparel and extractives companies on ...

Surge in executive support for sustainability

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... to audit sustainability data was 54%, up 4 points since last year. However, fewer are doing the same to disclose and benchmark progress. More than half (59%) believe AI will play a major role in sustainability efforts, while (57%) say their organisation ...