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Showing 11 - 20 of 82 results for "European Union"

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
... example, France's central bank incorporates biodiversity indicators into its own portfolio disclosure. Singapore, the European Union, the UK, Switzerland, Canada, and the US are now requiring financial institutions and companies to disclose climate transition ...

How much does it cost to "green" a portfolio

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... which is similar Developed Europe portfolio. The two different versions of the index that are compliant with the European Union Climate Benchmarks regulation are the STOXX® Europe 600 Paris-Aligned Benchmark (PAB) and the STOXX® Europe 600 Climate ...

New EU rules at the border and beyond

ROSE MARY PETRASS  |  TUESDAY, 10 OCT 2023  |  NEWS
... well as with governments around the world, to make it a success." CSRD slated for 2024 Companies operating in the European Union will have to navigate the Corporate Sustainability Reporting Directive (CSRD) with new non-financial and sustainability reporting ...

Australia considers carbon tariff to level playing field

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
... introduces a carbon border adjustment mechanism (CBAM), it would not only be following in the footsteps of the European Union, it would also serve the purpose of creating a shadow price on carbon. Last month, Minister for climate change and energy Chris ...

Robeco defines key business sustainability impacts

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUN 2023  |  NEWS
... considered double materiality as part of its assessment, using the Global Reporting Initiative framework and the European Union's Corporate Sustainability Reporting Directive (CSRD) standards in their assessment. "The concept of double materiality is ...

The "Wild West" of "blue" investing

ROSE MARY PETRASS  |  WEDNESDAY, 5 APR 2023  |  NEWS
What do sail-boat cargo ships, robots that can clean and repair boat hulls underwater, and floating photovoltaics with seaweed dangling underneath have in common? They represent just some of the many projects that could form a portfolio approach to ...

2023 the year for business action on climate change: EY

RACHEL ALEMBAKIS  |  THURSDAY, 2 FEB 2023  |  NEWS
... businesses must also prepare for the impacts of a forthcoming Carbon Border Adjustment Mechanism (CBAM) from the European Union. The CBAM would place a levy to export goods to the EU based on the intensity of greenhouse gas (GHG) emissions used in making ...

Australian businesses exposed to EU carbon levy

RACHEL ALEMBAKIS  |  THURSDAY, 12 JAN 2023  |  NEWS
... Australian businesses must prepare for the impacts of a forthcoming Carbon Border Adjustment Mechanism (CBAM) from the European Union, according to EY. In recent weeks, the EU has reached agreement on the structure of the CBAM, which would place a financial ...

Cbus adopts EU climate reporting standards

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022  |  NEWS
... carbon intensity reductions are not overstated. Cbus said the fund has adopted the methodology proposed by the European Union (EU) in their minimum standards for EU Climate Transition Benchmarks and EU Paris-Aligned Benchmarks. That approach addresses ...

ISSB to require Scope 3 emissions disclosure

RACHEL ALEMBAKIS  |  MONDAY, 24 OCT 2022  |  NEWS
... work on making sure the ISSB standards would work with jurisdiction-specific disclosure requirements, such as the European Union and confirmed that the Task Force on Climate-related Financial Disclosures (TCFD) architecture is the basis for its Standards. ...