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Showing 301 - 310 of 835 results for "Trust"

Forestry fund falls short of target

ROSE MARY PETRASS  |  MONDAY, 29 JAN 2024  |  NEWS
... Mitsui, Nomura, Asian Development Bank (ADB), the Australian government, David and Lucile Packard Foundation, Sumitomo Mitsui Trust Bank (SuMi TRUST), Temasek and TotalEnergies. The fund is closed-ended with a blended finance structure. The aim is to ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... pleased to see the government listening to market concerns and introducing a sensible period of regulator-only enforcement. We trust ASIC to take action based on the public interest." Much like the Modern Slavery Act, the government will conduct a review ...

ASX tapped to develop Aussie carbon exchange

RACHEL ALEMBAKIS  |  THURSDAY, 11 JAN 2024  |  NEWS
The Clean Energy Regulator has selected ASX as a partner to undertake "exploratory work" on the development of a carbon exchange to launch later this year. The carbon exchange is intended to allow for the trading, clearing and settlement of Australian ...

Global economists identify key risks for the decade ahead

ROSE MARY PETRASS  |  THURSDAY, 11 JAN 2024  |  NEWS
... complex by geopolitics and climate change and cyber threats from a growing number of malicious actors," Klint explains. Trust, cooperation and long-term strategy paramount It's not all doom and gloom, though. While four out of five experts are pessimistic ...

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
Northern Trust Asset Management Australia has paid just shy of $30,000 over allegations of greenwashing. ASIC brought two infringement notices against the local arm of the global fund manager alleged false and misleading statements in the application ...

ACCC issues greenwashing guidance

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... helps to demonstrate how businesses can make clear, evidence-based environmental claims that consumers can understand and trust," ACCC acting chair Catriona Lowe said. "Environmental claims are useful for consumers when they can easily understand what ...

Boards not ready for new workplace laws

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
... and other positive duty conduct. The research found sexual harassment and discrimination is underreported due to a lack of trust, confidence, and transparency in organisational systems, processes and outcomes. Directors overwhelmingly saw the positive ...

COP28: Australia commits $150m to Pacific resilience

ROSE MARY PETRASS  |  MONDAY, 11 DEC 2023  |  NEWS
... but withdrew in 2018 having contributed approximately $200 million over four years. The Pacific Resilience Facility is a trust fund to invest in small-scale climate and disaster resilience projects. Environmental groups welcomed the announcement. Pacific ...

RIAA names Responsible Investment Super Leaders

RACHEL ALEMBAKIS  |  MONDAY, 4 DEC 2023  |  NEWS
The Responsible Investment Association Australasia (RIAA) has named 10 Responsible Super Fund Leaders, while noting that MySuper products of super funds demonstrating leading responsible investment practice outperformed those of non-leaders on average ...

COP28: Climate finance, carbon markets take centre stage

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
... mitigation and adaptation, and the UAE committed US$200 million Special Drawing Rights to the Resilience and Sustainability Trust of the IMF. UAE alternative investment manager Lunate Capital announced ALTÉRRA, a US$30 billion catalytic climate fund ...