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Showing 211 - 220 of 1119 results for "disclosure"

Directors welcome new climate reporting regime

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... additional six months to get their books in order as Canberra pushes back the date for reporting under its mandatory climate disclosure regime. The bill establishes a framework to protect financial market infrastructure during crises and includes new ...

Historic data stymies climate risk pricing

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
... support our clients," McNeil says. "We have also worked to support the development of standards for climate data and disclosure by regulators and standard-setting organisations to support the wider market with access to better climate-related information." ...

Nature taskforce announces leadership overhaul

ROSE MARY PETRASS  |  MONDAY, 25 MAR 2024  |  NEWS
The co-chair of the Taskforce on Nature-related Financial Disclosures (TNFD) has moved into a senior advisory role, alongside eight other heavyweights. The other senior advisors hail from the World Economic Forum (WEF), Global Canopy, the Green Finance ...

Legal loophole fail: compliance won't dodge risk

ROSE MARY PETRASS  |  THURSDAY, 21 MAR 2024  |  NEWS
HESTA and BHP are set to pilot a new First Nations-led plan under development for the private sector, as the group behind the scheme works with Canberra to update cultural heritage laws. Investors face financial, legal and reputational risk if they ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
While the country's top 30 super funds have lower stakes in Woodside and Santos, they continue to engage with the resource companies while prioritising returns for members. Compared with two years prior, the two energy giants have a larger share ...

More calls for adaptation

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
... This requires ongoing engagement with the finance sector, McAllister said. The government is also developing climate disclosure requirements, slated for rollout as early as July this year. Climate-related reporting will become mandatory for large entities ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... leaving. This comes as the US Securities and Exchange Commission (SEC) on Wednesday voted 3-2 in favour of climate disclosure, excluding Scope 3 emissions, in an outcome labelled as "bare minimum". JP Morgan, Citi, Bank of America, and Wells Fargo have ...

Directors sweat on climate: AICD

ROSE MARY PETRASS  |  TUESDAY, 5 MAR 2024  |  NEWS
Aussie directors are feeling the heat on climate risk and regulatory pressure, while preparation for mandatory climate reporting is a mixed bag. The majority (80%) of Australian directors are concerned about climate-related risks. Of those who reported ...

ASX 200 lacks sourcing transparency

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... reporting on the sustainability of their economic, social and environmental sourcing practices, the Sustainable Procurement Disclosure Index (SPDI) reveals. The new index from RMIT University assessed 32 standards across governance, economic, social ...

Upward trends continue despite ESG backlash

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... or ESG investment. Outside of the US, sustainable finance regulation is booming. In Europe, the Sustainable Finance Disclosure Regulation (SFDR) framework has been effective at providing transparency to the market by classifying products based on their ...