Search Results

Showing 11 - 20 of 56 results for %22Council of Financial Regulators%22

New collaboration to create TCFD for social risks

ROSE MARY PETRASS  |  TUESDAY, 2 MAY 2023  |  NEWS
... include Amundi Asset Management, AXA, BNP Paribas, Unilever, and Microsoft. It is also supported by the World Business Council for Sustainable Development (WBCSD), the Council for Inclusive Capitalism (CIC), Shift, and investor- and labour-focused organisations ...

Casting a wide net: ending modern slavery in fisheries

ROSE MARY PETRASS  |  THURSDAY, 27 APR 2023  |  NEWS
... ensuring supply chain transparency is an important part of Australia's 2018 Modern Slavery Act. The Marine Stewardship Council is an international non-profit on a mission to end overfishing that set voluntary standards for sustainable fishing and ...

No role for monetary policy to address climate change

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
... peers, both domestically and internationally." Nicki Hutley, independent economic consultant and councillor on the Climate Council, noted that the review narrowly focused on the transition to the low carbon economy and the role - or lack thereof- in ...

More greenwashing investigations ahead: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... On the subject of climate-related disclosure standards, Longo noted that ASIC is working with Treasury and peers on the Council of Financial Regulators as well as contributing to the ISSB standards through their role in IOSCO. "ASIC has for many years ...

Climate change to shape economy long-term: Forum

RACHEL ALEMBAKIS  |  THURSDAY, 16 FEB 2023  |  NEWS
... Standard annual Chief Economists Forum this week Nicki Hutley, independent economic consultant and councillor on the Climate Council, addressed Australia's fiscal policy context and direction, the Labor government's ambition on social policy ...

Australia to introduce mandatory climate reporting

RACHEL ALEMBAKIS  |  TUESDAY, 13 DEC 2022  |  NEWS
... sector is leading by example," and fifth is elevating international engagement. Chalmers also noted that he wrote to the Council of Financial Regulators - which includes the RBA, APRA, ASIC, and Treasury - asking for support for the broader agenda, including ...

ASIC warns directors over sustainability disclosures

RACHEL ALEMBAKIS  |  THURSDAY, 8 DEC 2022  |  NEWS
... governance and disclosure practices," Hughes said. "Our work with peer domestic and international regulators, such as the Council of Financial Regulators Climate Working Group and the International Organization of Securities Commissions Sustainable Finance ...

APRA publishes results of banking climate vulnerability assessment

RACHEL ALEMBAKIS  |  THURSDAY, 1 DEC 2022  |  NEWS
... well as how they might respond to the resulting physical and transition risks. APRA undertook the CVA on behalf of the Council of Financial Regulators (CFR) to assess the potential future financial impacts of climate change, and to help banks, insurers ...

RBA governor urges implementation of ISSB standards

RACHEL ALEMBAKIS  |  MONDAY, 19 SEP 2022  |  NEWS
... information needs of investors in assessing enterprise value," according to ISSB. Lowe said the RBA is working with the Council of Financial Regulators an with government to make sure that the standards are adopted, noting "it's a really important ...

RBA warns of climate-related liability risk for business

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... provide detailed information on their exposure to climate risk is important in managing liability risk." Kearns said that Council of Financial Regulators Climate Working Group have identified three priority areas for the participants - APRA, ASIC, the ...