Search Results

Showing 271 - 280 of 617 results for "conduct"

Islamic fund to expand into banking

RACHEL ALEMBAKIS  |  THURSDAY, 16 SEP 2021  |  NEWS
... restricted ADI license." A restricted ADI licence "allows an entity time to develop resources and capabilities and to conduct limited banking business during its start-up phase," according to APRA. Deposits are limited to under $2 million dollars for ...

Asset consultants keep gates closed on greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 2 SEP 2021  |  NEWS
Regulators are taking on greenwashing in financial products and asset consultants are standing close by to ensure fund managers are offering products and services that are true to their ESG label. Media outlets have reported that German asset manager ...

HSBC Australia to explore mangrove bond

RACHEL ALEMBAKIS  |  THURSDAY, 2 SEP 2021  |  NEWS
HSBC Australia has launched a new project to develop for a mangrove bond that can be used to protect and restore vital natural habitats. HSBC has partnered with London-based Earth Security have to develop a blueprint for measuring the environmental ...

ASX companies not disclosing labour hire risks: ACCR

RACHEL ALEMBAKIS  |  FRIDAY, 27 AUG 2021  |  NEWS
A minority of ASX-listed companies are reporting on their labour hire, contracting and outsourcing workforce arrangements, which poses a risk in assessing the long-term viability of workforce strategies. The Australasian Centre for Corporate Responsibility ...

Santos sued over clean energy, net zero claims

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
... storage and environmental impacts of blue hydrogen. The suit claims that Santos is engaging in misleading or deceptive conduct in potential contravention of both corporate and consumer law. The Environmental Defenders Office will act on behalf of ACCR ...

Companies failing harassment victims: ACSI

ELIZABETH MCARTHUR  |  THURSDAY, 22 JUL 2021  |  NEWS
... said, as only 17% of harassment victims will report it. To properly tackle the issue, she suggested that companies should conduct de-identified, anonymous surveys. These surveys should ask about specific harassment behaviours and whether workers have ...

Banks face multi-billion risks from climate change: Accenture

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... framework." The report recommends four key actions: adjust risk appetite towards climate change, create a climate risk register, conduct framework gap analysis, and quantify and measure climate risk. In Australia, APRA is developing a framework to assess ...

ASIC reviewing greenwashing in financial products

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUL 2021  |  NEWS
... climate risk. "Boards should be mindful that prohibitions in the Corporations Act 2001 (Cth) on misleading and deceptive conduct and false or misleading statements apply in relation to financial products such as securities or interests in funds." Armour ...

Assessing buy now pay later sector through an ESG lens

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUL 2021  |  NEWS
... opportunities for companies and investors. The sector has introduced self-regulation. In February 2021, a self-regulatory code of conduct came into effect for BNPL providers via the Australian Finance Industry Association. Under the code, transactions ...

QSuper members call for greater climate action

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUL 2021  |  NEWS
The lawyers that represented Mark McVeigh in his landmark case against REST Super have written a letter to QSuper on behalf of two members who want that fund to strengthen its climate change risk management. Equity Generation Lawyers has written to ...