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Showing 171 - 180 of 513 results for "regulation"

China opposes UN calls for net zero shipping by 2050

ROSE MARY PETRASS  |  THURSDAY, 6 JUL 2023  |  NEWS
The United Nations have called for a global shipping pact of net zero lifecycle emissions by 2050. UN Secretary-General Antonio Guterres made the call at the International Maritime Organization (IMO) meeting of the Marine Environment Protection Committee ...

Infrastructure funds challenge private equity in ESG race

ROSE MARY PETRASS  |  WEDNESDAY, 5 JUL 2023  |  NEWS
... objectives - dominate the ESG landscape, despite many being closed to fundraising before the Sustainable Finance Disclosure Regulation (SFDR) Article 8 was developed in 2021, Preqin found. "This is a signal investors are asking fund managers to improve ...

Snapshot: The rapid evolution of sustainable investing in Asia

ROSE MARY PETRASS  |  MONDAY, 3 JUL 2023  |  NEWS
... accountability. ESG factors are now firmly embedded in Asia's diverse markets, Fidelity International has revealed. ESG regulation in Asia has doubled since 2016, on par with European regulators, and Japan accounts for around 4% of global ESG assets ...

Executive appointment roundup: First Sentier, MaxCap, Northcape, Federated Hermes

ROSE MARY PETRASS  |  THURSDAY, 29 JUN 2023  |  NEWS
... research framework, developed processes for compliance with Articles 8 and 9 of the EU Sustainable Finance Disclosure Regulation, and won an award for his research at the ESG Investing Awards 2023. Established in 2021, the institute publishes research ...

RIAA CEO Simon O'Connor to exit after 10 years

ROSE MARY PETRASS  |  THURSDAY, 29 JUN 2023  |  NEWS
After serving as chief executive of the Responsible Investment Association Australasia (RIAA) for more than 10 years, Simon O'Connor is leaving the professional network at the end of this year. O'Connor took the position in February 2013, leaving ...

Aussie AI platform aids HK firms in Scope 3 emissions compliance

ROSE MARY PETRASS  |  TUESDAY, 13 JUN 2023  |  NEWS
Specialist advisory firm Alaya Consulting today announced a partnership with Australian emissions management platform Avarni to facilitate ESG reporting and carbon emissions management in Hong Kong. The consultancy's focus on ESG disclosure, science-based ...

Stakeholders weigh in on Nature Repair Market bill

ROSE MARY PETRASS  |  THURSDAY, 8 JUN 2023  |  NEWS
... Greenhouse and Energy Reporting Act. However, ASFI called on the government to strengthen environmental protection regulation and restoration targets in line with and explicitly linked to the new Global Biodiversity Framework. It also called for nature-related ...

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 ...