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Showing 11 - 20 of 65 results for %22Australian Accounting Standards Board%22

Go digital for ESG, financial reporting: Deloitte

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 SEP 2023  |  NEWS
... Sustainability Standards Board (ISSB) reporting standards on climate change and sustainability into Australian accounting standards as a trigger point for ditigalisation of reporting. "Deloitte is recommended that the government designs ISSB reporting ...

Corporates to begin adopting final TNFD recommendations

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  TUESDAY, 19 SEP 2023  |  NEWS
... start locating and evaluating under the LEAP framework." Nature loss is predicted to wipe up to US$20 billion from the Australian economy annually by 2050, according to research by WWF. ACSI CEO Louise Davidson commented that dealing with complicated ...

Treasury seeks feedback on mandatory climate-related financial disclosures

ROSE MARY PETRASS  |  WEDNESDAY, 28 JUN 2023  |  NEWS
... that will be implemented starting from 2024. The new framework, informed by the previous consultation, hopes to help Australian companies and investors maximise economic opportunities in the shift to a greener economy and to manage climate risks. The ...

Australia not ready for sustainability benchmarks, consultants warn

ROSE MARY PETRASS  |  MONDAY, 26 JUN 2023  |  NEWS
... disclosure regimes. Legislation was introduced into federal parliament in February to empower the Australian Accounting Standards Board (AASB) to develop sustainability standards, the Auditing and Assurance Standards Board's to develop and maintain relevant ...

Aussie AI platform aids HK firms in Scope 3 emissions compliance

ROSE MARY PETRASS  |  TUESDAY, 13 JUN 2023  |  NEWS
Specialist advisory firm Alaya Consulting today announced a partnership with Australian emissions management platform Avarni to facilitate ESG reporting and carbon emissions management in Hong Kong. The consultancy's focus on ESG disclosure, science-based ...

ISSB to unlock sustainable capital: IFRS exec

RACHEL ALEMBAKIS  |  THURSDAY, 25 MAY 2023  |  NEWS
... Oration, an annual event held by the Business Council for Sustainable Development Australia (BCSDA) next week. McBrien, an Australian who is based in London, has played an active role in establishing and overseeing the work of the ISSB. For more than ...

No pause button on greenwashing action: ASIC

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
... of AXS100 report voluntarily under the TCFD agreement. ASIC supports a global ISSB baseline, Chester said, and the Australian government's proposed mandatory reporting for financial institutions including superfunds, especially in regards to carbon ...

Australian sustainable finance taxonomy to feature traffic-light system

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
... distinguished based on their alignment to sustainable activities. That is one of the recommendations to come from the Australian Sustainable Finance Institute's (ASFI) final taxonomy recommendations report. The report, based on public consultation on ...

ISSB standards do not introduce increased risk for investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 FEB 2023  |  NEWS
... for company directors and directors should not need a "safe harbour" provision, according to a new legal opinion. The Australian Council of Superannuation Investors (ACSI), Investor Group of Climate Change (IGCC) and the Responsible Investment Association ...

2023 the year for business action on climate change: EY

RACHEL ALEMBAKIS  |  THURSDAY, 2 FEB 2023  |  NEWS
The Albanese government's action on climate change policy means that the pressure is on for Australian businesses to adapt and translate net zero commitments into "tangible, real and lasting action," according to EY. EY Oceania chief sustainability ...