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Showing 31 - 40 of 118 results for "taxonomy"

Sustainable Finance Taxonomy open for consultation

ROSE MARY PETRASS  |  TUESDAY, 28 MAY 2024  |  NEWS
The Australian Sustainable Finance Institute (ASFI) today released its first consultation on sustainable finance taxonomy, a set of definitions that make it easier for financiers to fund sustainable assets and activities. ASFI is consulting on the draft ...

Budget 2024: A win for clean energy, not environment

ROSE MARY PETRASS  |  WEDNESDAY, 15 MAY 2024  |  NEWS
... and training, and $56m for Building Women's Careers. $17.3 million will expand Australia's sustainable finance taxonomy and create a labelling regime for sustainable products, and a further $1.3 million will develop guidance for best practice ...

Budget 2024: Regulators given boost to combat misconduct, cybersecurity

JAMIE WILLIAMSON  |  WEDNESDAY, 15 MAY 2024  |  NEWS
... related to sustainable finance. A further $500,000 will go towards the development of Australia's sustainable finance taxonomy, including expanding it to cover the agriculture sector. Treasury said these costs will be partially met through the ASIC ...

ISSB digital standards not perfect

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
The International Sustainability Standards Board (ISSB) recently published its much-awaited digital taxonomy, to help investors navigate sustainability disclosures. The International Financial Reporting Standards (IFRS) Sustainability Disclosure Taxonomy ...

RIAA: Green bonds broaden investor appeal

MICHELLE BALTAZAR  |  THURSDAY, 18 APR 2024  |  NEWS
... Management. "Bond issuers must provide exhaustive use-of-proceeds information, demonstrating how they align with the EU taxonomy. Details of how the investment will help the sustainable transition are also required to prevent green investments from being ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... benchmark for green residential building criteria. The framework will be replaced by the national sustainable finance taxonomy once finalised at the end of 2024. A Westpac spokesperson commented: "The Australian Sustainable Finance Taxonomy is a critical ...

Major indices provide ESG clarity

ROSE MARY PETRASS  |  TUESDAY, 12 MAR 2024  |  NEWS
... finance investment framework. The sector-specific framework, first introduced in 2020 and updated in 2024, lays out EU taxonomy-aligned methodologies and procedures for classifying transactions, financial products, and services, as "sustainable". In ...

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... Institute (ASFI) told FS Sustainability it will include human rights in its development of its Australian sustainable finance taxonomy. Environmental and social considerations are developed through the lens of "Do No Significant Harm" (DNSH) and Minimum ...

Upward trends continue despite ESG backlash

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... several regulators in Asia signalling support. Singapore has launched Asia's world's first multi-sector transition taxonomy to clarify green, transition and ineligible activities and steer capital towards sustainability solutions.

Aussie investors prepare for new EU rules

ROSE MARY PETRASS  |  WEDNESDAY, 7 FEB 2024  |  NEWS
... see multiple significant regulatory changes affecting financiers who engage with European markets. From January, new EU Taxonomy rules, International Sustainability Standards Board (ISSB) disclosure standards, and International Financial Reporting Standards ...