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Showing 11 - 20 of 101 results for "taxonomy"

Latest disclosure update

ROSE MARY PETRASS  |  FRIDAY, 28 JUN 2024  |  NEWS
... frameworks. The move is part of its two-year work plan to support the implementation of its reporting standards. GRI Taxonomy launches public consultation Last week, the Global Reporting Initiative (GRI) released its new GRI Sustainability Taxonomy draft ...

Sustainable Finance Roadmap to turbocharge investment

ROSE MARY PETRASS  |  THURSDAY, 20 JUN 2024  |  NEWS
... regime, the plan sets out what is needed to embed the mandatory reporting regime, complete Australia's Sustainable Finance Taxonomy, and develop best practice guidelines to advise businesses on net zero transition plans disclosure. Importantly, it offers ...

Westpac looks for next CSO

ROSE MARY PETRASS  |  THURSDAY, 6 JUN 2024  |  NEWS
... and human rights statements, establish a natural capital position statement, launch a sustainable finance framework and taxonomy, deliver sustainability training for bankers and board, and published an updated sustainability strategy to 2030. Toohill ...

Sustainable Finance Taxonomy open for consultation

ROSE MARY PETRASS  |  TUESDAY, 28 MAY 2024  |  NEWS
The Australian Sustainable Finance Institute (ASFI) today released its first consultation on sustainable finance taxonomy, a set of definitions that make it easier for financiers to fund sustainable assets and activities. ASFI is consulting on the draft ...

Budget 2024: A win for clean energy, not environment

ROSE MARY PETRASS  |  WEDNESDAY, 15 MAY 2024  |  NEWS
... and training, and $56m for Building Women's Careers. $17.3 million will expand Australia's sustainable finance taxonomy and create a labelling regime for sustainable products, and a further $1.3 million will develop guidance for best practice ...

Budget 2024: Regulators given boost to combat misconduct, cybersecurity

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAY 2024  |  NEWS
... related to sustainable finance. A further $500,000 will go towards the development of Australia's sustainable finance taxonomy, including expanding it to cover the agriculture sector. Treasury said these costs will be partially met through the ASIC ...

ISSB digital standards not perfect

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
The International Sustainability Standards Board (ISSB) recently published its much-awaited digital taxonomy, to help investors navigate sustainability disclosures. The International Financial Reporting Standards (IFRS) Sustainability Disclosure Taxonomy ...

RIAA: Green bonds broaden investor appeal

MICHELLE BALTAZAR  |  THURSDAY, 18 APR 2024  |  NEWS
... Management. "Bond issuers must provide exhaustive use-of-proceeds information, demonstrating how they align with the EU taxonomy. Details of how the investment will help the sustainable transition are also required to prevent green investments from being ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... benchmark for green residential building criteria. The framework will be replaced by the national sustainable finance taxonomy once finalised at the end of 2024. A Westpac spokesperson commented: "The Australian Sustainable Finance Taxonomy is a critical ...

Major indices provide ESG clarity

ROSE MARY PETRASS  |  TUESDAY, 12 MAR 2024  |  NEWS
... finance investment framework. The sector-specific framework, first introduced in 2020 and updated in 2024, lays out EU taxonomy-aligned methodologies and procedures for classifying transactions, financial products, and services, as "sustainable". In ...