Search Results

Showing 11 - 20 of 118 results for %22Climate Bonds Standard%22

New EU rules at the border and beyond

ROSE MARY PETRASS  |  TUESDAY, 10 OCT 2023  |  NEWS
... invest in sustainable technologies and businesses, increase interest in green bonds and support the EU's transition to climate neutrality. The rapporteur, Paul Tang commented: "Businesses want to make the green transition. And the European Green ...

Government commits public service to net zero by 2030

RACHEL ALEMBAKIS  |  THURSDAY, 31 AUG 2023  |  NEWS
... Australian Carbon Credit Units (ACCUs) as well as purchasing ACCUs to abate public service carbon emissions. The Department Climate Change, Energy, the Environment and Water released the ACCU Review discussion paper and raised this issue in the paper. ...

Australia the guinea pig for PRI sovereign engagement pilot

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... with $12.2 trillion in assets under management has announced the expansion of its Collaborative Sovereign Engagement on Climate Change pilot program in Australia, welcoming 18 new organisations to the initiative. The program announced in September last ...

Bridging the ESG gap: strategies for institutional investors

ROSE MARY PETRASS  |  MONDAY, 28 AUG 2023  |  NEWS
... through liability-driven investment strategies has become a priority, particularly as emerging structural risks tied to climate change and broader ESG considerations come into play. However, translating this commitment into tangible action remains a ...

Industy veterans named to sustainable finance taxonomy working group

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... work with an international consortium of taxonomy and sustainability specialists led by global standard setter, the Climate Bonds Initiative, to prepare the technical products for the TTEG's consideration, input and endorsement. "We welcome the deep ...

Climate disclosure lawsuit against Commonwealth settled

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... landmark class action lawsuit against the Commonwealth of Australia alleging the government does not properly disclose climate change risk in government bonds has been settled. The case was filed in 2020 by Kathleen (Katta) O'Donnell, who is represented ...

World first $1.6bn Climate Bonds green loan: QIC and Vector

ROSE MARY PETRASS  |  TUESDAY, 4 JUL 2023  |  NEWS
... coordinators on the transaction. The deal is the first Use of Proceeds instrument globally under the new Climate Bonds Standard Version 4.0, and is the largest Climate Bonds Certified green bank loan under the Climate Bonds' Electrical Grids and Storage ...

Treasury mandates APRA must consider climate risk in duties

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
... updated statement of expectations for the Australian Prudential Regulation Authority (APRA) which includes the adoption of climate reporting standards by super funds, banks and insurers. "For the first time, the government is explicit in requiring the ...

No pause button on greenwashing action: ASIC

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
... relation to sustainable finance-related products and services. This follows the government proposal to introduce a mandatory climate-change related disclosure regime for large businesses and financial institutions in Australia. "Greenwashing is a corrosive ...

Investors welcome Commonwealth green bond program

RACHEL ALEMBAKIS  |  THURSDAY, 27 APR 2023  |  NEWS
... federal government and AOFM should refer to credible, science-based criteria for UoP such as those contained in the Climate Bonds Initiative Climate Bond Standard. A move in this direction will reassure investors that their capital is being deployed ...