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Showing 31 - 40 of 964 results for %22Australian Government%22

China stock exchange rings in Year of the Dragon with ESG mandate

ROSE MARY PETRASS  |  FRIDAY, 16 FEB 2024  |  NEWS
... from the ISSB has created a global baseline for jurisdictions to set local ESG standards, Geng added. The Australian government has mandated ISSB-aligned ESG reporting for major companies and financial institutions in 2024. The Chinese guidance "includes ...

Climate-committed investor group grows to $35tr AUM

ROSE MARY PETRASS  |  THURSDAY, 15 FEB 2024  |  NEWS
... managers, increased its membership to represent over $35 trillion in global AUM in 2023, up from $30 trillion in 2022. Australian members increased from almost $5 trillion locally to $3 trillion in 2022. The group advocates for policy change to support ...

Investors back modern slavery compensation

ROSE MARY PETRASS  |  MONDAY, 12 FEB 2024  |  NEWS
... victim-survivors in Australia. There are at least 1900 victim-survivors of modern slavery in Australia, according to Australian government estimates. Although a criminal offence, there is no national compensation scheme to support victim-survivors. A ...

Aussie investors prepare for new EU rules

ROSE MARY PETRASS  |  WEDNESDAY, 7 FEB 2024  |  NEWS
... of new global norms around remedy and due diligence," Samarakoon said. She said RIAA is working with the Australian government to try and introduce similar measures to prevent modern slavery violations. "Australian investors see modern slavery as an ...

Investors push for nature in climate plans

ROSE MARY PETRASS  |  TUESDAY, 6 FEB 2024  |  NEWS
... need governmental mandates to ensure widespread adoption. Estelle Parker, co-CEO at RIAA, said that the Australian government's sector decarbonisation plans must be implemented with a focus on nature-based solutions and restoring nature loss. "Nature ...

Australia climbs quickly on climate policy development

ROSE MARY PETRASS  |  MONDAY, 5 FEB 2024  |  NEWS
... mandatory for large Australian companies from July 2024, with smaller businesses to follow in 2027-2028, the Australian government announced in June 2023. The Australian Institute of Company Directors (AICD) said that although the regulations are consistent ...

BlueScope receives funding for lower emissions project

RACHEL ALEMBAKIS  |  THURSDAY, 1 FEB 2024  |  NEWS
... Steel and LIBERTY Steel Australia have received a combined total of $200 million in grant funding from the federal government for projects that will lower emissions in steel production. The funding is drawn from the government's Powering the Regions ...

Forestry fund falls short of target

ROSE MARY PETRASS  |  MONDAY, 29 JAN 2024  |  NEWS
... Asia Forest Fund 2 (TAFF2). Investors in TAFF2 include Mitsui, Nomura, Asian Development Bank (ADB), the Australian government, David and Lucile Packard Foundation, Sumitomo Mitsui Trust Bank (SuMi TRUST), Temasek and TotalEnergies. The fund is closed-ended ...

Ad industry proposes greenwashing code

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
The peak body for Australia's advertisers is taking on greenwashing via a new draft code. The Australian Association of National Advertisers (AANA) has released an exposure draft Environmental Claims Code that they say will form an integral part of ...

$200m social housing catalyst for clean energy sector

ROSE MARY PETRASS  |  WEDNESDAY, 17 JAN 2024  |  NEWS
The Australian federal and NSW state government have announced a partnership of $200 million in funding for clean energy upgrades on social housing and low-income rentals. The funding will go towards upgrading housing stock in the parts of New South ...