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Showing 41 - 50 of 668 results for %22Financial Standard%22

Sustainable AUM tops US$30 trn despite tighter labels

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... definitions around sustainable investing and its related approaches. Further developments are expected as the EU's Sustainable Financial Disclosures Regulation (SFDR) and other global disclosure and labelling approaches evolve, and as data availability ...

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 ...

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... three key focus areas for action in 2024. Speaking at this week's annual forum, ASIC chair Joe Longo said sustainable financial reporting and disclosure, better consumer outcomes and addressing misconduct in the superannuation sector and ensuring fair ...

Only one sector set to meet emissions reduction targets

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
... substantial investment. To meet the amount of capital required for the net zero transition, there is a pressing need for new financial instruments and asset classes to be deployed at scale. These include venture capital investment in infrastructure and ...

New tools available to help investors meet Paris Agreement

ROSE MARY PETRASS  |  FRIDAY, 17 NOV 2023  |  NEWS
... research and data provider Moody's Investors Service has launched a framework for Net Zero Assessments (NZAs) for non-financial corporate entities. The new scoring system aims to help investors evaluate and compare companies' decarbonisation ...

Investing during a disorderly transition: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... mandatory climate reporting nears on the horizon for Australian entities, there is a convergence on how to disclose financial risks and the scenarios that entities should use to ascertain some of their key risks and opportunities. But knowing which scenarios ...

Finance eyes $500b green buildings opportunity

ROSE MARY PETRASS  |  THURSDAY, 16 NOV 2023  |  NEWS
... disclosures will be introduced for Australian real estate investors, occupiers, and managers from the start of the next financial year. In June, new sustainability standards were released by the International Sustainability Standards Board (ISSB). That ...

Treasury spruiks CEFC role in sustainable finance strategy

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
... finance taxonomy, and contributing to the development phase of energy assessment tools (such as NatHERS In-Homes) for financial product applicability and consistency with sustainable finance best practice." The CEFC was allocated $1 billion in the 2023-24 ...

Call for investment to spur ethical fashion education

ROSE MARY PETRASS  |  MONDAY, 13 NOV 2023  |  NEWS
... government to better define and communicate ethical business practices, to better support consumers in their spending. Financial institutions should invest in upskilling awareness to encourage corporate responsibility and ethical practices (such as eradicating ...

"Looming" governance gap as reporting becomes mandatory

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023  |  NEWS
The financial system is rushing to upskill on ESG as the concept becomes more integrated into the industry, with teams increasingly comprising of staff with specialist sustainability skills alongside traditional finance experience. ESG is becoming embedded ...