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Showing 511 - 520 of 2718 results for "PRI"

COP28: Countries tackle coal as President claims "no science" behind phase-out

ROSE MARY PETRASS  |  MONDAY, 4 DEC 2023  |  NEWS
During the first week of the COP28 climate summit in Dubai, Australia and other countries outlined new commitments to reduce emissions including methane, non-CO2 gasses and coal. Several countries and major corporations expressed interest in using carbon ...

SDG Loan Fund raises $1.1b of investor capital

ROSE MARY PETRASS  |  FRIDAY, 1 DEC 2023  |  NEWS
Investors have raised over US$1.1 billion of capital to advance the goals of the United Nations Sustainable Development Goals (SDGs) in emerging and frontier markets, using a blended finance model. Allianz Global Investors is managing the SDG Loan Fund ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
The Australian public service will run on 100% renewable energy by 2030, whilst government office space that is purchased from 2026 onwards must have a 6-star NABERS energy rating as the Department of Finance releases its strategy to achieving net zero ...

Gender pay gap a key diversity metric: FSI

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
Improving reporting on gender pay gap and gender diversity will help investors assess where companies are addressing gender-based equality and inclusion and set the stage for engagement on diversity measures beyond gender, according to First Sentier ...

New code of practice guidance for voluntary carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
The Voluntary Carbon Markets Integrity Initiative (VCMI) has released guidance to help direct finance to climate mitigation initiatives and commitment beyond science-aligned emissions cuts. The new guidance for the Claims Code of Practice aims to accelerate ...

Sustainable AUM tops US$30 trn despite tighter labels

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
Despite increased rigour causing a decline in assets labelled as "sustainable", sustainable investment assets under management increased by 20% since 2020 in non-US markets. A global collaboration of sustainable investment organisations has teamed up ...

UN-informed tool to assess SDG progress

ROSE MARY PETRASS  |  TUESDAY, 28 NOV 2023  |  NEWS
Bloomberg ESG has integrated a United Nations' framework to assess the alignment of companies to Sustainable Development Goals (SDGs). The tool incorporates the UN Environmental Programme Finance Initiative (UNEP FI) Sector Impact Map to move needle ...

Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
An independent review to be released next month will inform how Canberra moves forward amid criticisms of its Australian Carbon Credit Unit (ACCU) scheme. Ahead of release, FS Sustainability has learnt the recommendations won't address modern slavery ...

Treasury proposes merger of accounting, audit bodies

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
Canberra has proposed merging the three financial reporting bodies to make them "more efficient, effective and fit for purpose," a move that have caught some by surprise. Treasurer Jim Chalmers has announced that government will propose legislation ...

$50 million backing for Conscious Investment Management fund

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
Conscious Investment Management has received more than $50 million in commitments for its second Social Housing Fund (CIMSHF2) as it reaches first close. The Paul Ramsay Foundation is the cornerstone investor in CIMSFH2, which will aim to deliver market-rate ...