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Showing 1 - 10 of 2425 results for "ACT"

Budget 2024: A win for clean energy, not environment

ROSE MARY PETRASS  |  WEDNESDAY, 15 MAY 2024  |  NEWS
... Energy Agency, A $6.7bn Hydrogen Production Tax Incentive, and $1.3bn for Hydrogen Headstart. The Future Made in Australia Act - Canberra's strategic industrial response to the US Inflation Reduction Act - totals over $21 bn. To boost critical minerals ...

Budget 2024: Regulators given boost to combat misconduct, cybersecurity

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAY 2024  |  NEWS
The government will provide $17.3 million over four years to ASIC and APRA to combat greenwashing and other related financial misconduct and help further develop Australia's sustainable finance market. In a bid to promote the development of sustainable ...

Make sustainability sexy

ROSE MARY PETRASS  |  TUESDAY, 14 MAY 2024  |  NEWS
Sydney's inaugural Climate Action Week kicked off with a flurry of events across the city, including a panel with Planet Ark founder Jon Dee, and Green Building Council of Australia CEO Davina Rooney. The key message? 'Make sustainability sexy.' ...

ISSB digital standards not perfect

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
... opportunities. Biodiversity, ecosystems, ecosystem services, and human capital are all on the table. It will not immediately act on human rights - but it will monitor developments for potential future inclusion. The focus areas respond to investor needs ...

Subsidiaries must comply with Aussie regime

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
... NGER Scheme legislation to measure greenhouse gas emissions (GHG) emissions." Reporting obligations under the Corporations Act apply to individual entities, meaning that inbound Australian subsidiaries of an international group cannot meet obligations ...

Member accuses UniSuper of greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024  |  NEWS
UniSuper was recently hit with fresh allegations of greenwashing by a member who issued a complaint to ASIC in relation to certain holdings. The member believes UniSuper marketing two of its three responsible investment options as 'sustainable' places ...

Plibersek threatens circularity laws

ROSE MARY PETRASS  |  THURSDAY, 9 MAY 2024  |  NEWS
... Forum, where panelists discussed waste and responsibility across the product lifecycle. The Recycling and Waste Reduction Act 2020 will undergo a five-year review at the end of this year - but the minister said the law may not be the last. "Get on board ...

AXA IM releases engagement data

ROSE MARY PETRASS  |  THURSDAY, 9 MAY 2024  |  NEWS
Climate and corporate governance were the biggest areas of focus for the leading global asset manager, which ramped up its engagement activities by 14% on the previous year. AXA Investment Managers, with €844 billion AUM, made 681 engagements with ...

ASIC consults on guidance for carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 8 MAY 2024  |  NEWS
... mechanism reforms. The proposed updates, which address reforms to the financial services and markets section of the Corporations Act 2001, are open for feedback until 3 July 2024. It also responds to changes in the regulatory landscape for carbon markets ...

Closing the Gap in First Nations investing

ROSE MARY PETRASS  |  MONDAY, 6 MAY 2024  |  NEWS
Indigenous communities' needs must be prioritised in investment decisions, and trust must be built through representation. Colonisation has had a profound impact on Indigenous peoples' identity and knowledge, panellists at the Responsible Investment ...
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