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Showing 151 - 160 of 490 results for "purpose"

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

ISSB proposes IFRS digital taxonomy for sustainability disclosure

ROSE MARY PETRASS  |  FRIDAY, 28 JUL 2023  |  NEWS
... to improve global accessibility and comparability of sustainability information for investors, so that users of general-purpose financial reports can consume digitally. This will also enable digital tagging of information required by the IFRS Standards ...

Transition Pathway Initiative appoints new chairs as founder steps down

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
... among the global community. The TPI is now at a critical juncture as it scales up. Today's announcements serve that purpose. The LSE-TPI Centre, as its academic partner, is committed to ensuring that its research and outputs continue to be relevant ...

World first $1.6bn Climate Bonds green loan: QIC and Vector

ROSE MARY PETRASS  |  TUESDAY, 4 JUL 2023  |  NEWS
QIC Infrastructure and Vector Ltd have closed a A$1.6bn green loan for the largest smart metering provider in Australia and New Zealand, Vector Metering. The loan comprises green term loans to fund QIC's 50% interest in Vector Metering in addition to ...

Nature Market Repair Bill: why some farmers oppose biodiversity offsets

ROSE MARY PETRASS  |  MONDAY, 3 JUL 2023  |  NEWS
... that certificates issues under the scheme should not be allowed for offsetting purposes, arguing it would undermine the purpose of the scheme. "The inclusion of offsets initially, without at least additional legislative changes is our key area of concern," ...

BlackRock raises $500m for Super Battery

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023  |  NEWS
... executive Ian Learmonth said: "Long and short duration storage assets are critical to building an energy network fit for purpose in the 21st century, enabling Australia to capitalise on its abundant natural resources of wind and solar to decarbonise ...

Treasury seeks feedback on mandatory climate-related financial disclosures

ROSE MARY PETRASS  |  WEDNESDAY, 28 JUN 2023  |  NEWS
... seek to provide clearer guidance on key data challenges later this year. ACSI, ASFI, and RIAA called for free, fit-for-purpose data access and climate scenarios from platforms including NGER Scheme, the Bureau of Meteorology (BoM), the Commonwealth Scientific ...

Global development banks release joint principles towards Paris alignment

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
... are four types of financing referenced: direct investment lending operations, intermediated financing, general corporate purpose financing, and policy-based lending operations. There are 11 sectors identified as consistent with low-greenhouse gas (GHG) ...

NSW Modern Slavery Plan to build prevention capability

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
... narrative: raise awareness and empower survivors, build business and policy cases for anti-slavery. Develop a community of purpose: foster diverse collaboration in an Anti-Slavery Forum, secure sustainable resourcing arrangements. NSW Attorney General ...

Greg Combet steps down as IFM Investors, ISA chair

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023  |  NEWS
... time," Combet said. "IFM invests on behalf of industry super funds and global pension funds to benefit their members. This purpose makes IFM a distinct funds management business, one that aligns with my own values in representing working people." In ...