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| | | Hejaz Group has bought a $10 million stake in Islamic Bank Australia, a move that will see Hejaz abandon its plan to obtain its own retail banking license. Hejaz, an Australian Islamic financial services provider, is funding the investment into Islamic ... |
| | | | Greening Australia has hired a new chief executive officer. Heather Campbell joins Greening Australia from Bush Heritage Australia, where she was CEO for four and a half years. Campbell also holds current and previous board and leadership positions ... |
| | | | The forthcoming International Sustainability Standards Board (ISSB) accounting standards will reshape the way businesses report and allow investors to make better decisions to allocate capital to sustainable projects, according to the IFRS Foundation ... |
| | | | The transition to a renewable energy future was a central part of the Federal Budget unveiled by Treasurer Jim Chalmers on Tuesday night. In addition to action on climate, the Budget also included an $8 million allocation to establish a federal government ... |
| | | | There is no sign that demand for ESG professionals across the entire investment sector is abating, according to Kaizen Recruitment's ESG/Responsible Investment Professionals Financial Services Salary Guide 2023. Simon Gvalda, ESG recruitment specialist ... |
| | | | The Australian Government has announced a National Net Zero Authority tasked with managing the energy transition and ensuring the workers, industries and communities are supported. Climate Change and Energy Minister Chris Bowen made the announcement ... |
| | | | Assistant treasurer and minister for financial services Stephen Jones said that without a sustainable finance taxonomy, regulators will only be able to catch the "most egregious" examples of greenwashing in Australia. Speaking at the Australian Council ... |
| | | | Inadequate data, fear of greenwashing and economic pressures is stalling progress on sustainability, according to a new study from Google Cloud. The study, conducted by The Harris Poll, found that greater accountability, better measurement and management ... |
| | | | In September, legally binding emissions reduction targets for 2030 and 2050 were set by Australia's House of Representatives as part of a Climate Change Bill. This provides overarching legislation to implement Australia's net-zero commitments and codifies ... |
| | | | New research has found that the vast majority of companies would accept regulatory penalties rather than take on sustainability initiatives. Further, the study revealed that most companies prioritise commercial objectives over sustainability, highlighting ... |
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