Search Results

Showing 41 - 50 of 227 results for "audit"

Nature-related disclosures underway

ROSE MARY PETRASS  |  THURSDAY, 1 FEB 2024  |  NEWS
... world's largest asset owners and managers, banks, insurers and leading market intermediaries such as stock exchanges and audit and accounting firms. The list also includes publicly listed companies across geographies and industry sectors representing ...

Accountant ethics board drafts new sustainability benchmarks

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024  |  NEWS
... Auditing and Assurance Standards Board (IAASB). Both IAASB and IESBA are part of the International Foundation for Ethics and Audit. Development of the benchmarks involved over 140 senior-level representatives from diverse global stakeholders, including ...

China relaunches offsets market, releases biodiversity framework

ROSE MARY PETRASS  |  THURSDAY, 25 JAN 2024  |  NEWS
China's Certified Emission Reductions (CCER) scheme has restarted after a six-year pause, as the country releases its National Biodiversity Strategy and Action Plan. Suspended in 2017 due to low trading volume and lack of standardisation in carbon audits ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
Investors and regulators could be liable for trillions of dollars in potential damages from climate lawsuits - but are failing to take this threat into account when evaluating risks to their investments. Investors are focusing on physical and transition ...

ASX tapped to develop Aussie carbon exchange

RACHEL ALEMBAKIS  |  THURSDAY, 11 JAN 2024  |  NEWS
The Clean Energy Regulator has selected ASX as a partner to undertake "exploratory work" on the development of a carbon exchange to launch later this year. The carbon exchange is intended to allow for the trading, clearing and settlement of Australian ...

ACCC issues greenwashing guidance

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... rather than a marketing or communications issue, because it relates to board expertise, reporting, transparency, stratregy, audit, reputation, accountability, risk and ethics. The guide also points out that the risks of greenwashing stretch psat the ...

Research flags need for comprehensive ESG reporting

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
While most companies report on sustainability frameworks, few conduct independent external assurance, according to new research that also calls for mandatory reporting that goes beyond climate. Researchers at the Deakin Integrated Reporting Centre (DIRC) ...

Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
... critical element of a robust oversight mechanism. The review proposes the publishing of project offset reports, project audit reports, and other information to inform the appropriate use of method tools. Additionally, transparency extends to the operation ...

Treasury proposes merger of accounting, audit bodies

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
... detail around important issues such as adequate funding and ensuring Australia's alignment to international accounting, audit and sustainability standards setters. "CA ANZ and many other stakeholders have urged the government to establish a focused sustainability ...

Surge in executive support for sustainability

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... measure and collect data on Scope 1 and 2 emissions has not changed. The share of executives utilising third parties to audit sustainability data was 54%, up 4 points since last year. However, fewer are doing the same to disclose and benchmark progress. ...