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Showing 571 - 580 of 1848 results for "Governance"

Treasury spruiks CEFC role in sustainable finance strategy

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
Treasury has proposed that the Clean Energy Finance Corporation (CEFC) take a key role in its recently announced sustainable finance strategy in delivering discounted financing to priority sectors as well as other aims. Earlier this month,Treasury released ...

How regulatory momentum is helping drive biodiversity-aware investment

LIUDMILA STRAKODONSKAYA  |  THURSDAY, 9 NOV 2023  |  NEWS
Investments that take account of environmental, social and governance (ESG) factors have often gone hand-in-hand with public policy. As investors become increasingly aware of the potential financial effects of climate change, so too regulators begin ...

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
ASIC is considering widening its greenwashing focus to include net zero statements, use of terms like "carbon neutral" and the scope and application of investment exclusions and screens. "Our enforcement actions in response to concerns of greenwashing ...

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... "we continue to improve our management of climate risks" and said it has a focus on "regulatory monitoring, policy governance, risk appetite, data and analytics". Australian financial services laws require that financial institutions properly manage ...

"Looming" governance gap as reporting becomes mandatory

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023  |  NEWS
... Researchers interviewed experts from Westpac Institutional Bank, Perpetual, and Allianz, among others. It found that governance is the chief factor in reducing risk in this new landscape, but boards are increasingly struggling to keep up with stakeholder ...

Assessing companies ability to make the low carbon transition

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
... - "company exposure to green revenues, fossil fuel reserves and carbon emissions, as well as companies' climate governance activities (aligned with the Taskforce on Climate-related Financial Disclosures' recommendations) and forward-looking commitments ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... significantly greater level of detailed disclosures than current reporting practices, which will require extensive upskilling. Governance Institute of Australia (GI) CEO Megan Motto told FS Sustainability that the phase-in approach "is necessary to encourage ...

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 ...

Climate change a risk to financial stability: RBA

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... the use of cloud based technology and other services that banks and financial institutions and raise concerns about governance, risk management, platform concentration risk and responsiveness in crisis, and climate change. "Risks to financial stability ...

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

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... indicators cover three measurement areas where stakeholders' expectations are high: ecosystems and biodiversity, governance and strategy, and social inclusion and community impact. The group worked with key partners to develop the benchmark, including ...