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Showing 591 - 600 of 1816 results for "governance"

Climate: debt rise, credit falls for 59 nations as early as 2030

ROSE MARY PETRASS  |  FRIDAY, 11 AUG 2023  |  NEWS
The global financial system will see progressive deterioration of sovereign credit ratings in 59 countries due to climate-related factors, resulting in a substantial rise in both corporate and sovereign debt by tens of billions of dollars from 2030. ...

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
ASIC has filed a suit against Active Super over greenwashing claims, alleging, among other charges, that the super fund was invested in Russian assets after the invasion of Ukraine while purporting otherwise to members. The markets regulator has commenced ...

S&P Global drops ESG letter ratings from credit reports

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... their fund managers to invest "without considering the ideological agenda of the environmental, social and corporate governance (ESG) agenda."

Revenue recycling carbon tax would increase Australia's GDP

ROSE MARY PETRASS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
A carbon tax where cash proceeds are redirected back into the Australian economy would help Australia achieve its emissions reductions goals, and also provide economic benefits. New research to be published in September's issue of the Journal of Cleaner ...

Fidelity creates chief sustainability role, plus new chairs for IPCC and PRI

ROSE MARY PETRASS  |  FRIDAY, 4 AUG 2023  |  NEWS
... investing and corporate sustainability across corporate operations and client services to ensure consistent, end-to-end governance. "As an active steward of capital, we consider the longer-term consequences of our actions in financial and societal terms ...

ISSB proposes IFRS digital taxonomy for sustainability disclosure

ROSE MARY PETRASS  |  FRIDAY, 28 JUL 2023  |  NEWS
The IFRS Foundation has published a proposed digital taxonomy to improve global accessibility and comparability of sustainability information. The proposed taxonomy will require the digital reporting of sustainability-related financial information. ...

Report sounds alarm on data centre climate risks

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
... where they're going and what the trajectory is," said Gordon Noble, ISF's research director, business, economy and governance, and the report author. "You can't afford not to have an interest, and there are considerations from the corporate side, the ...

Mike Ng named first chief sustainability officer for OCBC

ROSE MARY PETRASS  |  WEDNESDAY, 26 JUL 2023  |  NEWS
... Asia's second largest financial services group by assets. CEO Helen Wong said the new role would be focused on strong governance and will oversee bringing the business into alignment with environmental, social and governance (ESG) strategies. "The diversified ...

Voting on climate crucial during AGM season: Amundi

ROSE MARY PETRASS  |  TUESDAY, 25 JUL 2023  |  NEWS
... sees ESG emerging as a clear theme for shareholder proposals. A study from the Harvard Law School Forum on Corporate Governance found that the 2023 AGM season has so far been record-breaking for ESG (environmental, social, and governance) shareholder ...

APRA strengthens super fund ESG responsibilities

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
... stewardship activities generate value in investments. The prudential regulator has released its final guidance on investment governance for superannuation trustees under Prudential Standard SPS 530 Investment Governance (SPS 530), which came into effect ...