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Showing 11 - 20 of 668 results for %22Financial Standard%22

Mind the gap: Women in ESG may earn more than broader finance

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
While the latest pay gap data shows the gender pay gap in financial services sits at 26%, parity in ESG roles may be closer than it appears at first glance. Australian gender pay gap data was made publicly available for the first time last week for ...

ASX 200 lacks sourcing transparency

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... rating system to rank how many GRI standards a company reports on, and how comprehensively. Assessed sectors include financial services, energy, healthcare, IT, real estate, and consumer discretionary and staples. Of those, 11% received 5 stars, 36% ...

Upward trends continue despite ESG backlash

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... the anti-ESG movement have a "poor understanding of what sustainable investing is" - as sustainability factors have financial consequences for companies and that ignoring them would therefore be leading to breaching the fiduciary duties. "We believe ...

Business calls for 12-month climate reporting delay

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... Sustainability understands that Treasury will be introducing legislation on climate reporting in the near future. Climate-related financial disclosures are set to become mandatory for large entities from July 2024, with smaller businesses to follow in ...

ISSB publishes jurisdictional guide, seeks experts

ROSE MARY PETRASS  |  MONDAY, 26 FEB 2024  |  NEWS
... jurisdictional adoption of standards, as it searches for 150 experts to provide technical input on sustainability disclosures in financial reports. This comes as around 1000 companies, investors, regulators and stakeholders convened at the International ...

AI trumps climate as chief risk factor: economists

ROSE MARY PETRASS  |  WEDNESDAY, 21 FEB 2024  |  NEWS
... while AI, geopolitical risk and the stickiness of inflation take centre stage. That's the takeaway from the Financial Standard annual Chief Economists Forum this week where Nicki Hutley, independent economic consultant and Climate Council councillor ...

Japan issues first climate transition bond

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
... activities including electricity storage batteries manufacturing and energy-efficient buildings. The GX plan encourages financial flows to technologies not fully IPCC-aligned, including thermal power such as liquid natural gas, ammonia co-firing with ...

Final text of EU ESG laws released

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
... Agreement. It also includes an amendment to Regulation (EU) 2019/2088 - a text on sustainability‐related disclosures in the financial services sector. This is often referred to as Sustainable Finance Disclosure Regulation (SFDR) Level I. The European ...

China stock exchange rings in Year of the Dragon with ESG mandate

ROSE MARY PETRASS  |  FRIDAY, 16 FEB 2024  |  NEWS
... Crystal Geng told FS Sustainability. "Firstly, it will be directly related to sustainability, will enhance company non-financial information disclosure which is largely aligned with global standards. At the same time, this new mandated company disclosure ...

Dramatic spike in votes against ASX remuneration: Georgeson

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024  |  NEWS
... Looking forward, Georgeson foresees mandatory climate disclosure as a key issue in 2024, particularly with climate-related financial disclosure legislation mooted that would bring in the Australian version of the International Sustainability Standards ...