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Showing 1921 - 1930 of 4363 results for "Australia"

APRA releases climate risk assessment results

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
Almost 40% of banks, insurers and superannuation funds say climate-related events could have a "material or moderate impact on their direct operations," according to the Australian Prudential Regulation Authority (APRA). APRA has published the findings ...

Pact Group commits to reducing emissions 50% by 2030

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
Pact Group has set a target of reducing its greenhouse gas emissions in Australia and New Zealand by 50% by 2030. The sustainable packaging, plastic recycling and reuse company's target covers its direct and indirect Scope 1 and Scope 2 emissions. "Our ...

V-Square launches ESG index strategy

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... Global Equity ESG Materiality and Carbon Transition Indexed Strategy tracks the MSCI All Country World Index (ACWI) ex-Australia ESG Materiality and Carbon Transition Select Special Tax Index. It integrates considerations of financially material ESG ...

ESG strong factor in M&A activity: PwC

RACHEL ALEMBAKIS  |  THURSDAY, 4 AUG 2022  |  NEWS
... lead to cost efficiencies. "Then you consider reduced emissions as well and when carbon markets become activated in Australia and this part of the world, you're also going to get the benefits of a reduced carbon tax." Chadha also noted that a manufacturing ...

ESG product definitions a matter for legislation: ASIC

RACHEL ALEMBAKIS  |  TUESDAY, 2 AUG 2022  |  NEWS
... should be legislated by government. "The question of whether or not mandatory disclosures will be introduced here in Australia is a matter for the government not for ASIC, but we do note that the current government has a policy around greater transparency ...

New Zealand XRB releases final climate reporting paper

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
New Zealand's External Reporting Board (XRB) has released a final consultation paper on the mandatory Climate-related Disclosure standards that will come into force next year. The New Zealand government last year passed legislation that made climate-related ...

Directors engage on breadth of ESG issues facing companies

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
Managing sexual harassment and psychological safety as part of occupational health and safety, focusing on diversity and inclusion beyond gender and seeking policy certainty through climate are all issues of concern for board members speaking at the ...

COP27 preview: loss and damage, action on commitments

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
... November is expected to focus on implementing commitments made at last year's conference, with the role of countries like Australia as well as investors and business to become enhanced. In preparation for COP27, which will be held in Sharm el-Sheikh ...

Westpac sets 2030 net zero commitments

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2022  |  NEWS
Westpac has committed to reducing its Scope 1, 2 and 3 financed emissions by nearly a quarter by 2030 as part of a package of new net zero by 2050 commitments. Westpac has also joined the UN-convened Net-Zero Banking Alliance (NZBA) as part of these ...

Ausbil charts ESG activities and portfolio engagement

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2022  |  NEWS
... example of best practice. "That comes back to a general trend I've seen in the last few years in the ESG industry in Australia - more and more investors are becoming practical about engagements in working groups more generally."