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Showing 511 - 520 of 2762 results for "ACT"

"Looming" governance gap as reporting becomes mandatory

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023  |  NEWS
... reality CSOs and sustainability teams must rely on "exerting influence and advocacy rather than having a formal authority to act". "This is a potential governance disconnect that does open up a lot of organisations to risk." The thought leadership and ...

Assessing companies ability to make the low carbon transition

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
Investors need to be able to assess companies and countries on their ability to manage the transition to a lower-carbon economy using a range of backward and forward-looking metrics. There is a lack of global standards and definitions around climate ...

PRI, CFA Institute and GSIA agree to common RI definitions

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
Three global investment bodies have collaborated to develop a standard set of definitions for the most common terms in responsible investing. CFA Institute, the Global Sustainable Investment Alliance (GSIA), and Principles for Responsible Investment ...

Igneo refinances green credit facility

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
Igneo Infrastructure Partners has refinanced a $750 million revolving cash facility that includes a green tranche credit facility (GTCF). Igneo's Global Diversified Infrastructure Fund (GDIF) has refinanced the facility for a further two year period. ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... planning. Climate-related financial disclosure requirements would be drafted as civil penalty provisions in the Corporations Act. It is suggested this would "reduce uncertainty for reporting entities and encourage companies to take best efforts to use ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
The government has announced plans to create a labelling regime for sustainable investment products, including managed funds and super fund options as well as plans to have an unnamed government body maintain a forthcoming sustainable finance taxonomy ...

A portfolio approach for renewable investment: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
Editorial note: This is the third in a six-part series of articles brought to you by Energetics Decarbonising Australia's national energy market is a central tenant to achieving the goal of reducing carbon emissions in line limiting global warming ...

VIC SEC is back with $1 billion renewable target

ROSE MARY PETRASS  |  THURSDAY, 2 NOV 2023  |  NEWS
Victoria's State Electricity Commission (SEC) has been reintroduced in a move that is hoped to crowd in investment into renewables in the state. Victorian premier Jacinta Allan launched a new Strategic Plan 2023-2035 for the SEC, setting out priorities ...

Nearly a quarter of Australian bank debt has nature-related risk

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... focuses on aligning Australia's banking with the Global Biodiversity Framework, identifies six lending practices that act as barriers to protecting and restoring nature. It identifies ten actions banks can take to make their lending practices consistent ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... reporting, climate-related budget spending, sustainable finance reforms and publishing annual statements under the Climate Change Act 2022. It concludes that: As part of investors' strategic responses to climate-related risks and opportunities, investors ...