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Showing 131 - 140 of 462 results for "regulation"

Treasury mandates APRA must consider climate risk in duties

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
Treasury has released an updated statement of expectations for the Australian Prudential Regulation Authority (APRA) which includes the adoption of climate reporting standards by super funds, banks and insurers. "For the first time, the government is ...

Experts evaluate impact of Modern Slavery Act review

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUN 2023  |  NEWS
... Act." Introducing mandatory human rights due diligence would also align the Modern Slavery Act with other international regulation. "At FSI, we're captured by the UK and the Australian acts," Turner said. "We used to report under UK, when Australia's ...

AI and ESG: risk or opportunity?

ROSE MARY PETRASS  |  THURSDAY, 25 MAY 2023  |  NEWS
... something goes wrong, and large scale roll out. "The other challenge is that AI development is currently well ahead of regulation and universal controls. It's important that ESG risks are adequately considered in the development and application of AI ...

American Century Investments on impact investing and best in progress

ROSE MARY PETRASS  |  FRIDAY, 28 APR 2023  |  NEWS
... in the Congo in cobalt mines for cell phone components - something referred to as "artisan mining". She said the EU Regulation on deforestation-free supply chains are of concern to emerging economies and may negatively impact on the just transition. ...

Investors welcome Commonwealth green bond program

RACHEL ALEMBAKIS  |  THURSDAY, 27 APR 2023  |  NEWS
... step forward for the country and its net zero ambitions, but also for Australian corporates. "With recent increases in regulation from ASIC, AUD green bond issuance has slowed whilst corporates evaluate their own sustainability objectives and the robustness ...

Super funds ESG options underweight BHP, overweight CSL: Rainmaker Information

RACHEL ALEMBAKIS  |  THURSDAY, 27 APR 2023  |  NEWS
Super fund ESG options on average have "sharply reduced" exposure to BHP, Woodside Energy and Transurban while being overweight CSL, Telstra and ResMed, according to Rainmaker Information. Rainmaker Information has released its most recent Rainmaker ...

New nature-based team for AECOM ANZ

ROSE MARY PETRASS  |  THURSDAY, 27 APR 2023  |  NEWS
... economic value generation - is moderately or highly dependent on nature and its ecosystem services. These include climate regulation, carbon storage, pollination, and water regulation. Therefore, nature-based solutions are vital to protect, sustainably ...

No role for monetary policy to address climate change

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
... continued focus on building stronger analytical capabilities. The RBA also has an important role in shaping relevant regulation for the financial sector. It should continue to collaborate with its regulatory peers, both domestically and internationally." ...

Modern slavery on the rise 10 years after Rana Plaza

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
It is 10 years since more than a thousand people died in the Rana Plaza textile factory collapse in Bangladesh in April 2013. In the intervening years, regulations to improve factory safety has been introduced in Bangladesh, and issues related to worker ...

South Korea leads with ESG fund disclosure taskforce and anti-greenwash laws

ROSE MARY PETRASS  |  THURSDAY, 20 APR 2023  |  NEWS
South Korean markets watchdog the Financial Supervisory Service (FSS), has announced a taskforce to develop ESG fund disclosure standards. The framework will cover investment strategy and targets, relevance to ESG, manager capabilities and performance ...