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Showing 131 - 140 of 676 results for %22Financial Standard%22

Government to fund sustainable finance taxonomy development

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023  |  NEWS
... taxonomy. Among other recommendations, the report outlined that Australia's future taxonomy defining sustainable financial activity should adopt a traffic-light colour coded framework to allow financial products to be distinguished based on their ...

No role for monetary policy to address climate change

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
... recommendation made as part of a sweeping overhaul of how the central bank functions. As reported in sister publication Financial Standard, the widely anticipated review putting forth 51 recommendations, with particular consideration given to how cash ...

Modern slavery on the rise 10 years after Rana Plaza

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
... have been recommended: the introduction of a federal Anti-Slavery Commissioner, mandatory due diligence reporting, and financial penalties for companies that do not adequately disclose and manage modern slavery incidents and risks. Brodie noted that ...

Sustainability is facing a data crisis: new research

ROSE MARY PETRASS  |  THURSDAY, 20 APR 2023  |  NEWS
... The Google Cloud report surveyed 1476 top-level executives at the C-Suite or VP level across 16 countries, working in financial services, retail/CPG, healthcare/life sciences, manufacturing/heavy industry, technology, telecommunication, media, entertainment ...

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 ...

Hong Kong stock exchange proposes climate disclosures

ROSE MARY PETRASS  |  MONDAY, 17 APR 2023  |  NEWS
... Sustainability Standards Board Climate Standard (ISSB), building on the principles of the Task Force on Climate-related Financial Disclosures (TCFD) recommendations. Financial effects of climate-related risks and opportunities, Scope 3 emissions, and ...

Fund Manager round up: Maple-Brown Abbot, Brookfield, Cultiv8

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... shape a better future," Rahmani said. "The challenges facing our society -including climate change, resource management, financial inequality and disparity in living standards - require purposeful capital investment to enable solutions and support positive ...

RIAA hires head of certification

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... long-running Certification Program, particularly at a time when there is a growing focus on eliminating greenwashing in the financial product labelling market. "Our role through certification is to lift the standards of practice in responsible investment ...

Businesses back stronger Modern Slavery Act

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... regulation around modern slavery, including the establishment of a national anti-slavery commissioner and the introduction of financial penalties for inadequate disclosures. A coalition of human rights organisations and Australian academics have published ...

The "Wild West" of "blue" investing

ROSE MARY PETRASS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... sustainable ocean finance lead Dr Melissa Walsh took on these topics. Top of the agenda was the Taskforce on Nature-related Financial Disclosures (TNFD) draft, released last week, which provides a framework to help the financial community understand ...