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Showing 21 - 30 of 244 results for "Australian Government"

New Forests invests in Thai peat forest

RACHEL ALEMBAKIS  |  THURSDAY, 22 FEB 2024  |  NEWS
... development of the project. Investors in TAFF2 include Mitsui, Nomura, Asian Development Bank (ADB), the Australian government, David and Lucile Packard Foundation, Sumitomo Mitsui Trust Bank (SuMi TRUST), Temasek and TotalEnergies. Last month, New Forests ...

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

ROSE MARY PETRASS  |  FRIDAY, 16 FEB 2024  |  NEWS
... from the ISSB has created a global baseline for jurisdictions to set local ESG standards, Geng added. The Australian government has mandated ISSB-aligned ESG reporting for major companies and financial institutions in 2024. The Chinese guidance "includes ...

Investors back modern slavery compensation

ROSE MARY PETRASS  |  MONDAY, 12 FEB 2024  |  NEWS
... victim-survivors in Australia. There are at least 1900 victim-survivors of modern slavery in Australia, according to Australian government estimates. Although a criminal offence, there is no national compensation scheme to support victim-survivors. A ...

Aussie investors prepare for new EU rules

ROSE MARY PETRASS  |  WEDNESDAY, 7 FEB 2024  |  NEWS
... of new global norms around remedy and due diligence," Samarakoon said. She said RIAA is working with the Australian government to try and introduce similar measures to prevent modern slavery violations. "Australian investors see modern slavery as an ...

Investors push for nature in climate plans

ROSE MARY PETRASS  |  TUESDAY, 6 FEB 2024  |  NEWS
... need governmental mandates to ensure widespread adoption. Estelle Parker, co-CEO at RIAA, said that the Australian government's sector decarbonisation plans must be implemented with a focus on nature-based solutions and restoring nature loss. "Nature ...

Australia climbs quickly on climate policy development

ROSE MARY PETRASS  |  MONDAY, 5 FEB 2024  |  NEWS
... mandatory for large Australian companies from July 2024, with smaller businesses to follow in 2027-2028, the Australian government announced in June 2023. The Australian Institute of Company Directors (AICD) said that although the regulations are consistent ...

Forestry fund falls short of target

ROSE MARY PETRASS  |  MONDAY, 29 JAN 2024  |  NEWS
... Asia Forest Fund 2 (TAFF2). Investors in TAFF2 include 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 ...

Forestry fund raises $450m for natural capital

ROSE MARY PETRASS  |  MONDAY, 8 JAN 2024  |  NEWS
... include Swedish pension fund Andra AP-fonden; German pension group Bayerische Versorgungskammer, and the Australian Government's Clean Energy Finance Corporation (CEFC), which committed $75 million to the fund. The fund aims to drive down emissions through ...

Task Force on Climate-Related Financial Disclosures disbanded

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... targets. The closure of the TCFD does not change mandatory requirements with regard to TCFD disclosures. The Australian government is aiming to legislate mandatory climate disclosures for Australian companies from 2024. The new standards would apply ...

COP28 key outcomes: what it means for finance

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... methane emissions, and over 100 countries committing to reduce carbon emissions in food and land-use. The Australian government rejoined the global Green Climate Fund with an initial contribution of $50 million, and allocated $100 million to the Pacific ...