Search Results

Showing 1 - 10 of 676 results for %22Financial Standard%22

ISSB digital standards not perfect

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
... published its much-awaited digital taxonomy, to help investors navigate sustainability disclosures. The International Financial Reporting Standards (IFRS) Sustainability Disclosure Taxonomy (ISSB Taxonomy) will help support dialogue between companies ...

Subsidiaries must comply with Aussie regime

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
... climate-related disclosures under one of those regulatory regimes. EY's May 2024 update on requirements for climate-related financial disclosures in Australia clarifies that such groups do fall within the scope of the Australian regime. This is because ...

Member accuses UniSuper of greenwashing

JAMIE WILLIAMSON  |  THURSDAY, 9 MAY 2024  |  NEWS
... in these portfolios. In particular, he points to the options' "significant investments" in Transurban Group. Financial Standard was unable to verify the current size of the investments in Transurban Group due to an ongoing system outage at the fund ...

Companies warned to disclose nature risks

ROSE MARY PETRASS  |  THURSDAY, 2 MAY 2024  |  NEWS
... risks, and opportunities and disclose their findings to all stakeholders. Nature-related dependencies pose material financial risks for organisations, Tony Goldner, executive director of the Taskforce on Nature-related Financial Disclosures (TNFD) told ...

Younger members drive demand

MICHELLE BALTAZAR  |  THURSDAY, 2 MAY 2024  |  NEWS
... sustainable options. But there are still many challenges ahead. A separate survey by CoreData found that the number one reason financial advisers find it hard to recommend ESG investments is the inconsistent standards, metrics and taxonomies in the industry. ...

Greenwashing crackdown will boost ESG fund flows: ASIC

ROSE MARY PETRASS  |  THURSDAY, 2 MAY 2024  |  NEWS
... challenges with different sustainability data points, Beyhan added. Longo clarified that the regulator does not assess financial performance of an investment product, but rather focuses on whether its ESG claims are true to label. "I'm not here to say ...

RIAA launches Sustainability Classifications Initiative

ROSE MARY PETRASS  |  WEDNESDAY, 1 MAY 2024  |  NEWS
... The certification scheme is closely aligned with the Sustainable Finance Disclosure Regulation (SFDR) Article 8, UK Financial Conduct Authority (FCA), and US Securities and Exchange Commission (SEC). The new certification is designed to "build trust ...

Geostrategic risks in a changing world

ROSE MARY PETRASS  |  WEDNESDAY, 1 MAY 2024  |  NEWS
... chains, food security and human rights. Responsible investors must weigh ethical responsibility with protecting against financial risk. While most geopolitical risks do not affect capital markets significantly, they do affect downstream supply chains ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
... climate reporting Bill is fit purpose. I'm certain they don't want to send smaller business into unnecessary financial hardship as a result of these planned new reporting requirements." Meantime, Australian Securities and Investments Commission ...

Investors back climate disclosure mandate

ROSE MARY PETRASS  |  WEDNESDAY, 24 APR 2024  |  NEWS
... trillion have joined up in support for Canberra's proposed law to mandate climate disclosures. The Treasury Law Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 also lays out a new regime to protect financial market infrastructure ...
PREVIOUS
NEXT