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Showing 571 - 580 of 1810 results for "Governance"

Government commits public service to net zero by 2030

RACHEL ALEMBAKIS  |  THURSDAY, 31 AUG 2023  |  NEWS
The Australian government has committed the Australian Public Service to a net zero 2030 target its Scope 1 and Scope 2 emissions. The Department of Finance has quietly rolled out the target, which will "achieve net zero by actively reducing emissions ...

Bank says fossil fuel exclusions "will bite" in the future

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... a sort of pure play lending position on the fossil fuel industry... [ESG] has to be imbedded in the process and the governance. Its not a slam dunk, but it's easy in that respect. "But on the other hand, as the bank grows and moves forward, having ...

Australia the guinea pig for PRI sovereign engagement pilot

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... on climate policy has encouraged the work of the engagement program. "Australia performs above average on social and governance factors, but it has underperformed other OECD countries significantly in terms of climate indicators that we measure in our ...

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
The Commonwealth of Australia will for the first time disclose climate risk in sovereign bonds following the settlement of a world-first class action lawsuit. The case was filed in 2020 by Kathleen O'Donnell, represented pro bono by Equity Generation ...

Finance "misunderstanding" risk of nature loss

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
... laws in Australia are stronger than they are in reality. She said this was probably due to the country scoring well on governance and lacking further consideration for hidden risks. In a panel session following the launch, investors shared how they are ...

New code of practice to mitigate slavery risks in renewables

ROSE MARY PETRASS  |  THURSDAY, 24 AUG 2023  |  NEWS
The NSW Anti-Slavery Commission and the Clean Energy Council (CEC) are developing a code of practice to help identify modern slavery risks in renewable energy supply chains. Reliance on materials and components associated with forced labour and other ...

Data centre operator refinances multi-billion-dollar sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
... artificial intelligence (AI) platforms, AirTrunk said. AirTrunk has now raised over A$6 billion in Environmental, Social and Governance (ESG) financing across its APJ platform. Crédit Agricole CIB, Deutsche Bank and HSBC acted as joint Sustainability ...

Engaging for real-world decarbonisation: IGCC

RACHEL ALEMBAKIS  |  MONDAY, 21 AUG 2023  |  NEWS
... Action 100+ announced its plans for Phase 2, which runs from 2023-2030. Companies will be asked to implement "a strong governance framework which clearly articulates the board's accountability and oversight of climate change risk" as well as take ...

Building sustainable supply chains

RACHEL ALEMBAKIS  |  THURSDAY, 17 AUG 2023  |  NEWS
Global supply chains can create business efficiencies but also leave companies vulnerable to environmental and social risks, meaning that greater transparency is key to mitigating participation in unsustainable activities. This is one of the key messages ...

$12tn Asian engagement program advocates climate-linked pay

ROSE MARY PETRASS  |  THURSDAY, 17 AUG 2023  |  NEWS
... companies for two years through its Asian Utilities Engagement Program (AUEP). The common agenda for engagement focuses on governance, decarbonisation strategies with coal and gas phase-out timelines, disclosures, physical risks and public policy engagement. ...