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Showing 441 - 450 of 1549 results for "governance"

RBA governor cites climate, energy transition in inflation puzzle

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022  |  NEWS
RBA Governor Philip Lowe cited climate change and the transition to renewable energy as two of four longer-term changes to the global economy that are "likely to affect the dynamics of inflation, central bank policy and the way business operates in ...

Carbon markets, biodiversity on tap at COP27

RACHEL ALEMBAKIS  |  THURSDAY, 17 NOV 2022  |  NEWS
... trading mechanism, without double-counting reductions. "We need to have some substantial progress on carbon market governance," said Carbon Market Institute (CMI) CEO John Connor. "There has been some limited progresson the 6.4 rules and the parties ...

Trust in ethics plummets: Governance Institute

RACHEL ALEMBAKIS  |  THURSDAY, 17 NOV 2022  |  NEWS
... importance of ethical conduct has increased, leading to a net ethical expectations gap that exposes risks, according to the Governance Institute. The Governance Institute has issued its seventh Ethics Index, a survey of 1,000 people in Australia. The ...

First Sentier Investors gains B Corp accreditation

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 NOV 2022  |  NEWS
... Sentier Investors has been accredited as a B Corp, verifying its performance standards in social, environmental and good governance. B Corp accreditation is a global standard which identifies businesses and organisations with sustainable and ethical ...

Strengthen governance to avoid investment greenwashing: SSGA

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
To manage the risk of greenwashing, asset managers need to focus on assuring that internal governance structures are consistent with regulatory expectations in various jurisdictions, according to State Street Global Advisors (SSGA). Greenwashing concerns ...

Regulatory roundup on key sustainability developments

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
A range of ESG-related regulatory actions have come up for discussion in the last week, including a commitment by the assistant treasurer to establish national standards for a green taxonomy, APRA flagging that their climate vulnerability assessment ...

ASIC greenwashing investigations continue

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
ASIC chair Joe Longo said the market regulator is currently investigating listed companies, super funds, and managed funds for potential greenwashing. "Only last week we issued our first greenwashing penalty, and we're currently investigating a number ...

APRA flags extension of climate vulnerability asssessment to super, insurance

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
The climate vulnerability assessment (CVA) that APRA conducted with Australia's five largest banks is likely to be expanded to other industries overseen by the prudential regulator, including super funds and insurers, according to deputy chair Helen ...

Hejaz Financial Services funds certified responsible invesments

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 NOV 2022  |  NEWS
... and not misleading 3. Avoids significant harm - as a minimum requirement 4. Accounts for Environmental, Social and Governance (ESG) issues 5. Mandatory disclosures - holdings, performance, benchmark, investable universe, sustainability outcomes and engagement ...

ASFI Summit to focus on sustainable finance progress, implementation

RACHEL ALEMBAKIS  |  TUESDAY, 25 OCT 2022  |  NEWS
Translating broad and ambitious commitments on climate and sustainable finance into concrete action will be the main topic of discussion at this week's Australian Sustainable Finance Institute (ASFI) Summit in Sydney. The one-day summit will feature ...