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Showing 31 - 40 of 87 results for "taxonomy"

Strong demand for green bonds: BNP Paribas Asset Management

RACHEL ALEMBAKIS  |  TUESDAY, 27 JUN 2023  |  NEWS
... prefer not to be associated with that green bond." Quality of proceeds is analysed against the EU's sustainable finance taxonomy, which adds a quantitative level of analysis to the project, Ou Yong said. "For every bond we invest in, we actively follow ...

Aussie, Kiwi ministers commit to sustainable finance alignment

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
... Zealand." The announcement on Trans-Tasman cooperation and particularly the coordinated approach to a sustainable finance taxonomy "shows the increasing importance of climate change to our regional relationships," said EY climate change and sustainability ...

Treasury mandates APRA must consider climate risk in duties

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
... strategy which will be released in the second half of 2023. The strategy will include development of new standards and taxonomy and initiatives to reduce greenwashing and strengthen ESG labelling. The government is also introducing a sovereign green ...

ASIC chair calls out greenhushing as form of greenwashing

RACHEL ALEMBAKIS  |  MONDAY, 5 JUN 2023  |  NEWS
... government's broader sustainable finance agenda, including mandatory climate disclosure and a future sustainable finance taxonomy. "The agenda is not yet fully enacted, but ASIC will not hesitate to enforce the existing legal obligations as they ...

Are companies drowning in a sea of ESG requests?

ROSE MARY PETRASS  |  WEDNESDAY, 17 MAY 2023  |  NEWS
... effectively. "We need to fill the hole where there's a collective information issue and we will fill this hole through taxonomy." Escalation or divestment Escalation strategies, such as voting against directors and shareholder proposals, should be ...

No pause button on greenwashing action: ASIC

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
... party, any milestones for meeting targets, the period the target applies to and the base period for initial milestones. Taxonomy Treasury is developing a comprehensive sustainable financing strategy which will be released in the second half of 2023. ...

Stewardship and greenwashing in spotlight at RI Australia 2023

RACHEL ALEMBAKIS  |  THURSDAY, 4 MAY 2023  |  NEWS
... APRA executive director Sean Carmody will join the discussion on how Australia's forthcoming sustainable finance taxonomy will provide much needed definitions of what constitutes a sustainable investment. "Really this conference is about holding ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023  |  NEWS
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 ...

American Century Investments on impact investing and best in progress

ROSE MARY PETRASS  |  FRIDAY, 28 APR 2023  |  NEWS
... failed just transition." This failed just transition was also seen in Sri Lanka, Brazil, and India, she said. "The EU taxonomy is ambiguous," she said. "This is the first time emerging economies have been vocally pushing against [something like this]". ...

Investors welcome Commonwealth green bond program

RACHEL ALEMBAKIS  |  THURSDAY, 27 APR 2023  |  NEWS
... undertaken by NGO Client Earth against the European Commission over its decision to include fossil gas in its sustainable taxonomy. "Pending the completion of work by ASFI to develop an Australian Sustainable Finance Taxonomy, the federal government ...