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Showing 121 - 130 of 397 results for "mandate"

Experts issue warning over AI washing

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024  |  NEWS
Artificial intelligence (AI) is perhaps the most transformative technology since the advent of the internet, poised to herald an unprecedented digital economic revolution. To appear at the precipice of the movement, some are employing deceptive tactics ...

Super battle on impact investing and returns

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... already integrated impact investment into their firm's strategy. From 2015 to 2023the first major impact investing mandate from a major superannuation fund in Australia saw a $91M investment pool facilitating multiple social impact transactions ...

Canberra targets natural disaster insurance gap

ROSE MARY PETRASS  |  WEDNESDAY, 13 MAR 2024  |  NEWS
The government will attempt to close the natural hazard insurance protection gap, seeking feedback on the standardisation of terms like "storms" and "fire", as well as reforms to the standard cover regime. The reforms are designed to cut insurance costs ...

Directors sweat on climate: AICD

ROSE MARY PETRASS  |  TUESDAY, 5 MAR 2024  |  NEWS
... more board attention, and 45% are confident in their board's competence on the topic of climate. With Australia set to mandate climate-related financial disclosures for large entities from July 2024, and smaller entities from 2027-2028, directors are ...

Tracking nature: finance lags on biodiversity

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
Major financial intuitions and companies are falling behind on global deforestation, as the EU enacts a new law to protect and restore nature. 75% of the Earth's land surface has been significantly altered by human activities, according to the UN Environment ...

Defunct fund pays greenwashing fine

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 FEB 2024  |  NEWS
... relation to tackling climate change. MSC maintains that all investments by the fund were consistent with this objective and mandate." According to its website, Bloom "eliminated" potential investments in fossil fuels, saying "our 'Climate Solutions' ...

AXA IM warns companies on climate lobbying

ROSE MARY PETRASS  |  THURSDAY, 22 FEB 2024  |  NEWS
... with the urgent need for effective policy intervention to enable a just and orderly transition." It has also issued a mandate for fairer compensation structures, warning companies it will take the cost of living, as well as wider workforce pay, into ...

China stock exchange rings in Year of the Dragon with ESG mandate

ROSE MARY PETRASS  |  FRIDAY, 16 FEB 2024  |  NEWS
The Chinese stock exchange will mandate a "double materiality" approach to sustainability reporting, covering governance, strategy, risk management, and metrics and targets. As the region celebrates the Lunar New Year, mainland China's three main stock ...

UniSuper makes property allocation

RACHEL ALEMBAKIS  |  THURSDAY, 15 FEB 2024  |  NEWS
... said. The purchase was negotiated adviser GPT, as part of an approximately $3 billion separate account direct property mandate with UniSuper. UniSuper, together with GPT and developer HB+B Property will "progressively develop the site as a super prime ...

Investors push for nature in climate plans

ROSE MARY PETRASS  |  TUESDAY, 6 FEB 2024  |  NEWS
Transition plans are pivotal to ensuring companies' credibility in achieving net-zero goals - but currently do not factor in safeguarding and restoring nature and biodiversity. In a bid to accelerate the protection and restoration of nature, finance ...