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Showing 211 - 220 of 982 results for "material"

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
... 12 and 17 April 2024 and found members were not happy about the new obligations. "No one is denying the importance of material climate related disclosures, but it is a significant miscalculation for Group 3 entities to have to go to the significant expense ...

New framework for investors to navigate AI released

ELIZA BAVIN  |  MONDAY, 29 APR 2024  |  NEWS
Alphinity Investment Management (Alphinity) and CSIRO have released a responsible AI (RAI) framework and actionable toolkit to help investors navigate the accelerating AI opportunity. The Intersection of Responsible AI and ESG: A Framework for Investors ...

Proxy voting targets DEI and pay

ROSE MARY PETRASS  |  MONDAY, 29 APR 2024  |  NEWS
... voting is key to improving long-term investment returns and is a crucial avenue to address concerns around financially material ESG factors. Of high concern is DEI metrics. The team voted against 4% of committee members nominations in the past 12 months ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
Climate Energy Finance (CEF) says buildings are the "low-hanging fruit" that make up the lion's share of the big four banks' sustainable finance target (SFT) of $385 billion by 2030 - while just 7% flows to financing clean energy and hard-to-abate sectors. ...

Canberra's new plan a winner for investors

ROSE MARY PETRASS  |  MONDAY, 15 APR 2024  |  NEWS
Albanese's Future Made in Australia Act is a much-needed signal to promote competition, resiliency, productivity, and attract capital, investors say. The new on-shore manufacturing laws give the green light for superannuation funds and other institutional ...

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
... transition plans are insufficient for investors to accurately gauge transition risk. Climate transition risk is a significant material financial risk for high-emitting companies on the Climate Action 100+ focus list. The data was released in the 2023 ...

Australian Ethical lead returns to CoreData

ROSE MARY PETRASS  |  MONDAY, 8 APR 2024  |  NEWS
The investment director of one of Australia's premier ethical investment firms has returned to a global market research consultancy after a decade. Angus Dennis has moved back to CoreData to lead responsible investment and ESG, after a two-year stint ...

Historic data stymies climate risk pricing

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
Institutional investors warn that the current methodologies for pricing climate change risk are inadequate and often lead to unintended outcomes and risk-and-return trade-offs, the head of responsible investing research at a specialist global asset ...

Deutsche Bank links 33% of long-term bonuses to non-financial targets

ROSE MARY PETRASS  |  WEDNESDAY, 20 MAR 2024  |  NEWS
One of the world's largest financial institutions now ties a whopping third of long-term bonuses to sustainability and social objectives for the first time, starting this year. The change was outlined in its latest non-financial report outlining progress ...

Lombard Odier brings plastic circularity fund down under

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024  |  NEWS
Lombard Odier Investment Managers (LOIM) is bringing its Plastic Circularity Fund to Australia, following a first close last year with backing from the sovereign wealth fund of Monaco, among others. The LOIM Plastic Circularity Fund (Australia), a private ...