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Showing 231 - 240 of 844 results for "material"

US Dept of Labor green-lights ESG integration

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022  |  NEWS
US-based retirement plans can consider climate change and other ESG factors in their investment processes, according to a rule change by the U.S. Department of Labor (DOL). The announcement comes as the Securities and Exchange Commission fines Goldman ...

Experts weigh net zero risks, opportunities of Origin Energy bid

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
Super funds and other shareholders could be in a position for a second time this year to approve a proposal to privitise an electricity provider, as Brookfield and MidOcean Energy bid to take over Origin Energy. Brookfield and MidOcean, an LNG company ...

Cbus adopts EU climate reporting standards

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022  |  NEWS
Cbus Super has updated its climate change roadmap to meet their 2030 target of reducing emissions by 45%, while changing is reporting for portfolio emissions that sees the fund's reported emissions reductions restated to reflect real-world outcomes. ...

Experts consider mining the transition

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
Australia's mining industry has reserves to drive the transition to a lower carbon global economy, but surging demand for critical minerals and attention to key ESG issues will require innovative solutions and partnership. A panel of experts spoke on ...

APRA flags extension of climate vulnerability asssessment to super, insurance

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
... August, APRA reported that almost 40% of banks, insurers and superannuation funds say climate-related events could have a "material or moderate impact on their direct operations." APRA published the findings of a voluntary climate risk self-assessment ...

Budget spotlights climate, gender and long-term development

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 OCT 2022  |  NEWS
... environmental indicators like species extinction and the level of raw materials used per Australian in everyday life (known as 'material footprint'). It also includes the gender gap between men and women who feel safe walking home at night and levels ...

Less than 20% of ASX200 disclose financial impacts of climate risk: PwC

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 OCT 2022  |  NEWS
... of companies have targets and demonstrate evidence of monitoring performance against these for the majority of their material ESG topics. ESG reporting standards need to be significantly enhanced because of the likely impact of the proposed standards ...

ISSB to require Scope 3 emissions disclosure

RACHEL ALEMBAKIS  |  MONDAY, 24 OCT 2022  |  NEWS
Companies will be required to report Scope 1, 2 and 3 greenhouse gas emissions as part of the International Sustainability Standards Board (ISSB) climate-related disclosure standards. The ISSB voted unanimously to include Scopes 1 2 and 3 at its October ...

Global green bond market continues to grow

RACHEL ALEMBAKIS  |  THURSDAY, 20 OCT 2022  |  NEWS
Total issuance of green bonds certified under the Climate Bonds Initiative has surpassed US$31 billion year to date, while investors say the market continues to grow and diversify. The Climate Bonds Initiative released its latest statistics on green ...

Cobalt essential to net zero goals but brings labour risks: ISS ESG

RACHEL ALEMBAKIS  |  THURSDAY, 13 OCT 2022  |  NEWS
Demand for cobalt - a key mineral in electric vehicle and battery production - is expected to skyrocket, and increasing sourcing from countries like Australia could help diversify away from labour and safety risks present in other countries, according ...