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Showing 171 - 180 of 1348 results for "finance"

Help on the way for hidden supply chain slavery

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
... been "encouraging uptake" of the rules by the private sector, Forbes said. OASC is currently developing a code for the finance industry and is in the "early days" of consultations with sector actors. The commissioner will undertake direct engagement ...

Fossil-fuel engagements require flexibility, not confrontation

ROSE MARY PETRASS  |  MONDAY, 2 SEP 2024  |  NEWS
... is key for company engagement on issues that may take years to solve, according to top sustainability specialists. The finance sector has moved through a stage of agenda-setting in climate, through norm-setting, frameworks and measurements put in place ...

Ancient ideas fuel new strategy

ROSE MARY PETRASS  |  WEDNESDAY, 28 AUG 2024  |  NEWS
... generations. "IBA began a rapid transition because we have a very important role and responsibility to facilitate access to finance and capital that allows Aboriginal and Torres Strait Islander people and communities to meaningfully participate in the ...

New forecasting tool for climate risk

ROSE MARY PETRASS  |  MONDAY, 26 AUG 2024  |  NEWS
With climate reporting fast approaching, a novel approach merges science and finance to provide a clearer view of uncertain future environmental scenarios. Forecasting the impacts of climate change on operations, assets, and supply chains is a significant ...

Senate passes landmark climate reporting and net zero authority laws

ROSE MARY PETRASS  |  FRIDAY, 23 AUG 2024  |  NEWS
The finance industry welcomes new climate rules to empower investor decision-making and corporate action but urges no further delays in enforcement. Climate reporting will be mandatory for large entities from 1 January 2025, helping investors identify ...

Former bank whistleblower departs UniSuper

ELIZABETH FRY  |  MONDAY, 19 AUG 2024  |  NEWS
... the risk function. Dennis Gentilin is a risk and governance professional with over 20 years experience in the banking, finance, consulting and superannuation industries. Before working at UniSuper, he spent three years at Deloitte and 16 years at National ...

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
... Australia's largest bank has now updated its climate and fossil fuels policy to state it will exit existing corporate or trade finance or bond facilitation facilities, where contracts legally permit. It will engage with borrowers to ensure they provide ...

State Street receives Shariah-compliant certificate

MATTHEW WAI  |  MONDAY, 19 AUG 2024  |  NEWS
... follows the company attaining a Shariah-compliant certificate from Amanie Advisors, a Shariah advisory firm. The Islamic finance industry is set to boom in the next few years, with S&P Global Ratings forecasting a high single-digit growth in total assets ...

Energy asset owners hungry for cover

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... insurance advisor, has advised on a number of Australia's largest renewables transactions spanning non-recourse project finance, refinancing and M&A transactions. "Renewable energy assets are by their very nature susceptible the vagaries of the resource ...

Disorderly transition may spark financial meltdown

ROSE MARY PETRASS  |  MONDAY, 12 AUG 2024  |  NEWS
... next year, risk researchers warn. Bert Kramer is head of climate research and ESG solutions at risk management firm Ortec Finance. He cautions that the upcoming revision of nationally determined contributions (NDC), as well as regulatory changes as half ...