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Showing 421 - 430 of 1441 results for "Standard"

Finance "misunderstanding" risk of nature loss

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
... ensure risk of deforestation is negligible. Companies must comply by 2024. All producing countries globally will receive a standard-risk classification this year, and before 2025the European Commission will publish a list of countries presenting a low ...

New code of practice to mitigate slavery risks in renewables

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
The NSW Anti-Slavery Commission and the Clean Energy Council (CEC) are developing a code of practice to help identify modern slavery risks in renewable energy supply chains. Reliance on materials and components associated with forced labour and other ...

Data centre operator refinances multi-billion-dollar sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
APAC and Japan data centre specialist AirTrunk has more than doubled the financing of an existing sustianbility linked loan, going from $2.1 billion to $4.6 billion. The transaction will refinance existing debt facilities and support the company's "rapid ...

How investors manage risk in a new AI world

ROSE MARY PETRASS  |  THURSDAY, 17 AUG 2023  |  NEWS
In an era marked by the rapid ascent of generative artificial intelligence (AI), investors can potentially reap the rewards from a plethora of efficiency-maximising opportunities to automate core business processes in the companies they invest in. But ...

Standard Chartered Bank gets first head of social sustainability

ROSE MARY PETRASS  |  TUESDAY, 15 AUG 2023  |  NEWS
Natalie Marko Nietsch has been appointed first head of social sustainability at Standard Chartered Bank. She will drive commercial social sustainability pillar from Singapore, leading new business and partnerships to boost the bank's social impact. ...

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
ASIC has filed a suit against Active Super over greenwashing claims, alleging, among other charges, that the super fund was invested in Russian assets after the invasion of Ukraine while purporting otherwise to members. The markets regulator has commenced ...

Industy veterans named to sustainable finance taxonomy working group

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... and policy; human rights; and Indigenous rights and perspectives. The taxonomy project is designed to provide a common standard for green and transition finance, helping accelerate the allocation of capital towards sustainable activities to achieve Australia's ...

Climate disclosure lawsuit against Commonwealth settled

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... exchange traded Australian government bonds through the CommSec app earlier that year, as reported at the time by Financial Standard. Her investment came after meeting Barnden when he delivered a guest lecture at La Trobe University in July 2019, where ...

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

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
Morgan Stanley has surpassed the two-thirds mark of its US$1 trillion target for sustainable and low-carbon investments by the end of this decade. The multinational investment bank and financial services company has released its latest ESG report stating ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
... all products seeking RIAA certification are examined for their practices and processes against Responsible Investment Standard, and when a breach is reported/revealed through self-reporting or other channels, we ascertain any practice gaps associated ...