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Experts evaluate impact of Modern Slavery Act review

RACHEL ALEMBAKIS  |  THURSDAY, 1 JUN 2023  |  NEWS
... slightly," she said. "One of the main arguments is that other jurisdictions - Canada, New South Wales, the UK, New Zealand - all have a lower reporting threshold, thus lowering the threshold aligns with what's happening globally." The review recommends ...

Octopus Energy makes waves with £1.5bn renewable energy investment

ROSE MARY PETRASS  |  THURSDAY, 25 MAY 2023  |  NEWS
... gas consumption and increasing electricity from renewable sources while phasing out fossil-fuels faster and building no new coal-fired plants. Japan however opposed phasing out coal-fired power plants and argued for investments to stay in the gas industry. ...

No room for complacency for Australia as a renewable energy superpower

RACHEL ALEMBAKIS  |  THURSDAY, 11 MAY 2023  |  NEWS
... net zero transition and its implications for Australia." EY recommends enabling action by government to de-risk aspects of all three opportunities. "We need to get the renewable energy story right," Hatfield-Dodds said. "Nonetheless, it's challenging. ...

Investors welcome New National Net Zero Authority

ROSE MARY PETRASS  |  FRIDAY, 5 MAY 2023  |  NEWS
... help not only meet the challenges of the transition head on, but also take advantage of its opportunities for the benefit of all Australians." Tim Buckley, senior energy market analyst and director of Climate Energy Finance said that the new authority ...

Just transition: a fair go for fossil-fuel workers

ROSE MARY PETRASS  |  THURSDAY, 4 MAY 2023  |  NEWS
... communities are supported in the transition to renewable energy. This body would include representation from and engagement with all stakeholders who will be affected, including communities, union groups, environmental groups, and businesses. A just ...

New collaboration to create TCFD for social risks

ROSE MARY PETRASS  |  TUESDAY, 2 MAY 2023  |  NEWS
... towards governance and stakeholder representation is expected to help ensure that the framework reflects the interests of all stakeholders, especially those most impacted by inequality. Plans for TIFD was first announced in 2020, while the TSFD was first ...

$500bn investment needed to decarbonise NEM

RACHEL ALEMBAKIS  |  TUESDAY, 18 APR 2023  |  NEWS
... development; accelerating network infrastructure build; and investment in skills, supply chains and communities. "They're all interrelated, but the first and most critical step is for governments both at a federal level and a state and territory ...

Businesses back stronger Modern Slavery Act

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... said. "If you're having conversations within the company or within suppliers and the answer is that basically you have it all under control, that's a sign that you haven't gone far enough. "Due diligence brings an aspect of being proactive ...

Brookfield consortium to buy Origin Energy for $18.7bn

RACHEL ALEMBAKIS  |  TUESDAY, 28 MAR 2023  |  NEWS
... Management and head of transition investing. "Brookfield is determined that the new Origin Energy Markets will lead the way in all respects at this critical moment for the Australian economy." FS Sustainability spoke with a number of experts about risks ...

More greenwashing investigations ahead: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... isolation. Review of ESG-related disclosures should involve marketing, compliance and legal, investment and operations because all parts of the financial process have answers, he said. "This is a civil penalty proceeding," Steffanoni said. "With cases ...