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Showing 21 - 30 of 205 results for "Commonwealth"

Government commits public service to net zero by 2030

RACHEL ALEMBAKIS  |  THURSDAY, 31 AUG 2023  |  NEWS
... contribute to achievement of Australia's Paris Agreement targets." The policy will initially cover 100 non-corporate Commonwealth entities, with some security exclusions such as the Department of Defence. Departments that fall under non-corporate Commonwealth ...

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
The Commonwealth of Australia will for the first time disclose climate risk in sovereign bonds following the settlement of a world-first class action lawsuit. The case was filed in 2020 by Kathleen O'Donnell, represented pro bono by Equity Generation ...

Social license or social-washing - weighing the value of public statements on the Voice

ROSE MARY PETRASS  |  THURSDAY, 10 AUG 2023  |  NEWS
... among the ranks of super funds that publicly support the Voice. Deloitte, KPMG, Adamantem Capital, Westpac, NAB, Commonwealth Bank of Australia, ANZ, Lendlease, Woolworths, and Coles are also in support. Resource giants BHP and Rio Tinto, as well as ...

Sustainable finance heavyweight to chair National Reconstruction Fund board

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... currently a director of AustralianSuper and has been co-chair of the NSW Renewable Energy Sector Board, a member of the Commonwealth Agricultural Working Group and NSW State Government Minerals Industry Advisory Council. He was formerly secretary of ...

Climate disclosure lawsuit against Commonwealth settled

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
A landmark class action lawsuit against the Commonwealth of Australia alleging the government does not properly disclose climate change risk in government bonds has been settled. The case was filed in 2020 by Kathleen (Katta) O'Donnell, who is represented ...

University secures $450 million sustainability-linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
... for disadvantaged students. Macquarie has refinanced its bank facilities and worked with sustainability coordinator Commonwealth Bank to aligned its new loan to social and environmental KPIs including reducing Scope 1, 2 and 3 emissions, improving biodiversity ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023  |  NEWS
... Gender Equity in Retirement report recommended the government consider adding superannuation contributions to the Commonwealth Carer Payment. The consultancy firm said the "modest measure" would be an immense boost for recipients of the Carer Payment ...

Australia releases "first ever" statement on climate in ag

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 13 JUL 2023  |  NEWS
... the announcement. "If you look at the big and intractable problems we've had in the past, the states and the commonwealth/federal government working together have delivered results - particularly if you're looking at water reform," Gunn said. ...

Treasury seeks feedback on mandatory climate-related financial disclosures

ROSE MARY PETRASS  |  WEDNESDAY, 28 JUN 2023  |  NEWS
... fit-for-purpose data access and climate scenarios from platforms including NGER Scheme, the Bureau of Meteorology (BoM), the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and the Department of Climate Change, Energy, the Environment ...

CBA invests in native seed merchant

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUN 2023  |  NEWS
Commonwealth Bank has invested in a native seed merchant as part of its strategy to develop carbon sequestration and biodiversity restoration projects. CBA has taken on a minority equity stake in Nindethana Seed Service Pty Ltd (Nindethana). The deal ...