Search Results

Showing 111 - 120 of 2335 results for %22UN PRI%22

ACCC issues greenwashing guidance

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
The Australian Competition and Consumer Commission (ACCC) has released final guidance on greenwashing while flagging that emissions and offsetting claims are in the spotlight next year. The principles comprise the ACCC's final guidance on environmental ...

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 ...

ACSI updates voting guidelines

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
Cyber security, worker safety and nature and biodivdersity expectations are on the list of the Australian Council of Superannuation Investors' (ACSI) Governance Guidelines. The guidelines are updated every two years and underpin ACSI's proxy voting ...

COP28 key outcomes: what it means for finance

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
After 36 hours of tense negotiations, the climate agreement for the first time calls on nations to "transition away" from fossil fuels - but does not explicitly call for a fossil fuel "phase out." The first UN Global Stocktake on climate has resulted ...

COP28: "Weak" Global Stocktake slammed

ROSE MARY PETRASS  |  TUESDAY, 12 DEC 2023  |  NEWS
The much-anticipated fourth draft of the Global Stocktake (GST) text, updated on Monday, does not give a clear pathway or strong ambition on fossil fuel phaseout and energy sector decarbonisation. The GST is the first five-yearly checkpoint on the efforts ...

Agriculture funding takes the stage at COP28

RACHEL ALEMBAKIS  |  MONDAY, 11 DEC 2023  |  NEWS
The Agriculture Innovation Mission for Climate (AIM for Climate), backed by Australia and more than 600 government and non-government partners, has announced $17 billion in new funding for climate-smart agriculture and food systems innovations. The ...

GRI and EFRAG partner on Interoperability Index

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
The GRI-ESRS Interoperability Index aims to offer guidance on technical implementation of the European Sustainability Reporting Standards (ESRS) and reduce the reporting burden on companies. The Global Reporting Initiative (GRI) and the European Financial ...

Finance realignment urged as nature-positive trails 30:1

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
Global public and private funding directly damages nature reached US$7 trillion per year, while funding with a positive impact reached $200 billion last year - a 30-fold gap. New research from the United Nations Environment Programme (UNEP) compared ...

Boards not ready for new workplace laws

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
New research finds that most directors are concerned their boards may not be fully prepared to meet new workplace sexual harassment laws when they come into force this week. From 12 December, the Australian Human Rights Commission will enforce the Positive ...

Government sets stage for sovereign green bond

RACHEL ALEMBAKIS  |  THURSDAY, 7 DEC 2023  |  NEWS
Canberra has released the framework for how it will identify, manage, issue and report on sovereign green bonds. The government's green bond program will select assets based on one or more of the government's three green goals - climate change ...