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Showing 441 - 450 of 1456 results for "Standard"

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 ...

Scope 3 emissions: an explainer for SMEs

ELISHA BRILLANTES, MEI LING HO  |  THURSDAY, 3 AUG 2023  |  NEWS
... their Scope 3 emissions. According to the GHG Protocol, Scope 3 greenhouse gas (GHG Protocol) (a globally recognized standard for the measurement and management of GHG emission), Scope 3 greenhouse gas (GHG) emissions account for more than 70% of a business's ...

AustralianSuper grows global team with numerous hires

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023  |  NEWS
... 22 years' experience in global investment stewardship and ESG integration, previously worked at Railpen, Aberdeen Standard Investments, and the UK's Co-operative Insurance Society. She also founded the 100% Club and will now direct AustralianSuper's ...

Asset managers failing on 2050 goals: InfluenceMap

ROSE MARY PETRASS  |  TUESDAY, 1 AUG 2023  |  NEWS
A London-based think tank has found the world's largest asset managers may fail to meet their own 2050 net zero commitments, with support for climate-ambitious resolutions dropping considerably in 2022. InfluenceMap scored the world's 45 largest asset ...

ISSB proposes IFRS digital taxonomy for sustainability disclosure

ROSE MARY PETRASS  |  FRIDAY, 28 JUL 2023  |  NEWS
The IFRS Foundation has published a proposed digital taxonomy to improve global accessibility and comparability of sustainability information. The proposed taxonomy will require the digital reporting of sustainability-related financial information. ...

Suppliers on notice: Amazon to enforce emissions reporting

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
The e-commerce giant will mandate suppliers to disclose carbon emissions towards net zero by 2040, Amazon's 2022 sustainability report highlights. Starting in 2024, the US$1.321 trillion company will update its Supply Chain Standards to require ...