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Showing 151 - 160 of 391 results for "mandate"

Companies urged to address Scope 3 emissions

ROSE MARY PETRASS  |  THURSDAY, 8 JUN 2023  |  NEWS
... of the value chain of major emitters and therefore be captured by some elements of reporting under a Scope 3 reporting mandate? "Overall, I think more discussion needs to happen, and quickly, as to the most appropriate path to take on that issue." If ...

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 ...

The importance of additionality in impact investing

MATT LAWTON  |  THURSDAY, 1 JUN 2023  |  NEWS
... approaches and strategies, impact purports to be the purest and carries the most ambitious aims, as reflected in its dual mandate- measurable positive environmental and social impact alongside financial return. In our view, such an approach requires ...

Casting a wide net: ending modern slavery in fisheries

ROSE MARY PETRASS  |  THURSDAY, 27 APR 2023  |  NEWS
... trafficking and forced labour of their crew often operate in international (or open) waters, where no authority has a mandate to monitor vessels. Many vessels engaging in illegal activities like IUU [illegal, unreported and unregulated] fishing and modern ...

IGCC calls on government to boost Aussie green industry

ROSE MARY PETRASS  |  MONDAY, 17 APR 2023  |  NEWS
Institutional investors are looking to invest in climate solutions - but attractive opportunities to sufficiently invest in Australian transition industries are hard to come by. New research finds that Australia is well-positioned to build profitable ...

Hong Kong stock exchange proposes climate disclosures

ROSE MARY PETRASS  |  MONDAY, 17 APR 2023  |  NEWS
... may have interim provisions for the first two reporting years from 2024. The proposals aim to achieve the commitment to mandate TCFD-aligned disclosures by 2025 as announced by the Hong Kong Green and Sustainable Finance Cross-Agency Steering Group. ...

Australia "on notice" as final TNFD draft framework released

ROSE MARY PETRASS  |  THURSDAY, 30 MAR 2023  |  NEWS
The Taskforce on Nature-related Financial Disclosures (TNFD) has released the final draft framework, Version 0.4, which will help companies navigate their nature-related risk. The new TNFD draft framework is the fourth and final draft of all core elements ...

Brookfield consortium to buy Origin Energy for $18.7bn

RACHEL ALEMBAKIS  |  TUESDAY, 28 MAR 2023  |  NEWS
... CEO Stewart Upson. "We will build on the success of our global renewable power and transition business where we have a mandate to 'go where the emissions are' in putting billions of dollars behind an executable plan to reduce emissions at Origin. Brookfield ...

Global investors set net zero target, implementation lags

RACHEL ALEMBAKIS  |  THURSDAY, 23 MAR 2023  |  NEWS
Nearly half of the world's largest institutional investors have made commitments to net zero by 2050, and are now turning to the tougher task of implementing on those commitments, according to Robeco. Robeco has released its annual Climate Survey, a ...

First Super taps IFM Investors for ESG mandate

RACHEL ALEMBAKIS  |  THURSDAY, 9 MAR 2023  |  NEWS
... labour risk, as well as having a positive exposure to value, with a controlled risk budget against a global index. The mandate is for approximately $400 million. First Super manages more than $3.6 billion on behalf of 47,000 members. By prioritising ...