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Showing 11 - 20 of 66 results for "ISSB"

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
... Organisations that provide frameworks for assessing climate risks, including as the International Sustainability Standards Board (ISSB) and The Network for Greening the Financial System (NGFS), fail to substantially differentiate between transition risks ...

ESG in 2024: key trends and legislative changes for the year ahead

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... Directive (CSRD) will have to apply the new rules for the first time in the financial year 2024 for reports published in 2025. ISSB disclosure standards become effective from January 1, 2024, and IFRS S1 and S2 will also be effective for annual reporting. ...

Task Force on Climate-Related Financial Disclosures disbanded

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... monitoring of the progress of companies' climate-related disclosures. As the International Sustainability Standards Board's (ISSB) first standards (IFRS S1 General Requirements for Disclosure of Sustainability-Related Financial Information and IFRS S2 ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... legislate mandatory climate disclosures for Australian companies based on the International Sustainability Standards Board (ISSB)'s global reporting framework. Business should not underestimate the task ahead. The Australian Accounting Standards ...

Sustainable AUM tops US$30 trn despite tighter labels

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... Disclosures (TNFD) and the incorporation of TNFD reporting for corporations into the International Sustainability Standards Board (ISSB) framework. It calls for international regulatory alignment on sustainable finance regulations to address fragmentation ...

Finance eyes $500b green buildings opportunity

ROSE MARY PETRASS  |  THURSDAY, 16 NOV 2023  |  NEWS
... financial year. In June, new sustainability standards were released by the International Sustainability Standards Board (ISSB). That same month Treasury proposed the implementation of mandatory climate-related disclosures. In 2022 the debt market raised ...

Impact investing as greenwashing antidote: T. Rowe Price

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
... greenwashing risk." T. Rowe Price also engages with companies beyond ESG grounds. While Balkrishna supports companies adopting ISSB standards 1 and 2 relating to sustainability and climate, his focus is on measuring impact. "ESG is about companies' ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... "to make high quality, comparable and useful climate disclosures based on the International Sustainability Standards Board (ISSB) standards" - a significantly greater level of detailed disclosures than current reporting practices, which will require ...

AASB publishes climate-related disclosure standards draft

RACHEL ALEMBAKIS  |  MONDAY, 23 OCT 2023  |  NEWS
... assets and more than $500 million in revenue. ASRS 1 and 2 are based on the International Sustainability Standards Board (ISSB), but while the ISSB disclosure standard S1 General Requirements for Sustainability-Related Financial Information includes ...

France "Say on Climate" law scrapped

ROSE MARY PETRASS  |  WEDNESDAY, 11 OCT 2023  |  NEWS
... investor groups representing $150 trillion in assets under management globally called for the Australian government to adopt the ISSB Climate Standard baseline requirements for disclosure of transition plans," she said. "Investors in Australia have embraced ...