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Showing 301 - 310 of 977 results for "Standards"

How investors manage risk in a new AI world

ROSE MARY PETRASS  |  THURSDAY, 17 AUG 2023  |  NEWS
... those existing frameworks," and companies may see a high regulatory and compliance cost. Regardless of current lack of standards, investors still need to transparency from companies about their use of AI. While disclosure remains limited, companies are ...

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
... ASIC. "Active Super has co-operated with ASIC's investigation and welcomes increased scrutiny on ESG disclosure standards as being good for members, the super industry and the community," the fund said. "As the matter is before the courts we are ...

Climate disclosure lawsuit against Commonwealth settled

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... government elected in May 2022 has legislated a net zero target and interim target, is pursuing mandatory climate disclosure standards and is proceeding with plans to issue Australian sovereign green bonds. When contacted by FS Sustainability, Barnden ...

Morgan Stanley reaches 70% of $1tn sustainable finance goal

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... Global Sustainability Office and considers the United Nations Sustainable Development Goals and industry frameworks and standards such as the International Capital Markets Association's' Green and Social Bond Principles. Citigroup has also committed ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
... natural habitats such as wetland draining for agricultural use or ocean pollution. ShareAction head of financial sector standards Claudia Gray commented: "It is alarming to see too many asset managers are failing to adapt their investments to tackle ...

ISSB proposes IFRS digital taxonomy for sustainability disclosure

ROSE MARY PETRASS  |  FRIDAY, 28 JUL 2023  |  NEWS
... general-purpose financial reports can consume digitally. This will also enable digital tagging of information required by the IFRS Standards without undue cost. The proposal reflects the disclosure requirements in the ISSB's first two standards issued ...

Suppliers on notice: Amazon to enforce emissions reporting

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
... 2022 sustainability report highlights. Starting in 2024, the US$1.321 trillion company will update its Supply Chain Standards to require regular reporting and emissions goal setting. "These are activities that take place outside our direct operational ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... first self-reported. "There was never any intention to mislead, but Vanguard recognises it has not lived up to the high standards it holds itself accountable to and apologises for the concern this matter may cause for our clients." Vanguard said it requested ...

Biodiversity in 2023 and beyond - what should Australian businesses expect?

LOUISE CAMENZULI, PHOEBE WYNN-POPE, JULIA GREEN, KATE GILL-HERDMAN  |  THURSDAY, 20 JUL 2023  |  NEWS
... of sustainability disclosures which continues to propel biodiversity into the corporate spotlight. For example, the standards developed by the International Sustainability Standards Board (ISSB) and the financial disclosures framework being developed ...

Seismic shift expected in global energy mix

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
... Meanwhile, McKinsey & Company forecasts that power consumption is expected to triple by 2050 as electrification and living standards grow. The IEA forecasts that renewables will account for over 90% of global electricity capacity expansion over 2022-2027 ...