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Showing 1291 - 1300 of 4246 results for "Australia"

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
Northern Trust Asset Management Australia has paid just shy of $30,000 over allegations of greenwashing. ASIC brought two infringement notices against the local arm of the global fund manager alleged false and misleading statements in the application ...

Two Aussie states ramp up climate ambitions to attract investment

ROSE MARY PETRASS  |  TUESDAY, 19 DEC 2023  |  NEWS
Queensland is set to legislate a 75% emission reduction by 2035 as Western Australia seeks to attract investment in decarbonisation projects as part of its net zero by 2050 target. All Australian state and territory governments are now committed to ...

Climate Change Authority releases ACCU and NGERS reviews

ROSE MARY PETRASS  |  TUESDAY, 19 DEC 2023  |  NEWS
... starting with data for the 2023-24 financial year, and to facilitate estimation of Scope 3 emissions at the entity level in Australia. The CCA also recommended that in the first quarter of 2024 government should commission an expert panel to establish ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... perspective of the reporters themselves, and particularly reporters with assets in more than one global jurisdiction. If Australia is out of step, it will be very difficult to build a single reporting data set that will satisfy all reporting requirements. ...

The rise and rise of ESG salaries

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... in its own category. Talent Nation reports that the average employment contract, including bonuses, tops $504,061 in Australia. By contrast, the average salary package for a head of ESG in Australia remained relatively static at $370,675. Two-thirds ...

ACCC issues greenwashing guidance

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... guidance to help consumers confidently assess and rely on environmental claims. Meanwhile, the Governance Institute of Australia has launched a new guide on greenwashing to help businesses mitigate risk. Greenwashing: a governance perspective is a response ...

QIC secures US$300m SLL

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023  |  NEWS
... 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 Corporation, Mizuho Bank, Scotia, and Bank of China. ...

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
... what's produced, rather than rush through and cut corners to get outcomes," she said. UN Global Compact Network Australia chair Fiona Reynolds noted that progress - if not perfection - can still result in action. "It's not the perfect process ...

L'Oréal Groupe invests in First Nations-led biodiversity

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023  |  NEWS
... First Nations People, as well as the repair and safeguarding of biodiversity." L'Oréal participates in Reconciliation Australia's network and has developed a Reconciliation Action Plan (RAP). The company's RAP is endorsed by Reconciliation Australia ...