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Showing 11 - 20 of 77 results for "European Union"

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. ...

Industry reacts to ASIC greenwashing guidance

RACHEL ALEMBAKIS  |  THURSDAY, 16 JUN 2022  |  NEWS
The Australian Securities and Investments Commission's (ASIC) recently released information sheet on greenwashing is a good first step in setting the regulator's expectations, but experts say there is more to be done to improve disclosure on ...

Integrating just transitions into climate calculations: Mercer

RACHEL ALEMBAKIS  |  THURSDAY, 16 DEC 2021  |  NEWS
Integrating the concepts of the "just transition" should become part of investors' decarbonisation strategies, according to Mercer. Mercer senior sustainability investment specialist Jillian Reid noted that investors need to "get much better at ...

Regulatory action on ESG a key concern for investors: BNP Paribas Securities Services

RACHEL ALEMBAKIS  |  THURSDAY, 11 NOV 2021  |  NEWS
... European Union's Sustainable Finance Disclosure Regulation is proscriptive. The rationale behind this is that the European Union wants to put measures in place to avoid traps and protect the end investor, while also providing the ability to compare ...

IFRS announces plan for comprehensive sustainability standards

RACHEL ALEMBAKIS  |  THURSDAY, 4 NOV 2021  |  NEWS
A new International Sustainability Standards Board (ISSB) will develop a comprehensive set of sustainability disclosure standards that accounting professionals say would be a critical step to harmonising a fragmented reporting landscape. The International ...

Australia among "least attractive" countries for green investment: report

RACHEL ALEMBAKIS  |  TUESDAY, 19 OCT 2021  |  NEWS
... will unlock the capital needed to transition to a net zero economy. Investors are ready." The United Kingdom and European Union are found to be the most attractive destinations for green investment, although the report finds that those markets still ...