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Showing 621 - 630 of 1548 results for "Green"

ASIC issues more greenwashing fines

RACHEL ALEMBAKIS  |  MONDAY, 9 JAN 2023  |  NEWS
ASIC has continued its crackdown on greenwashing, having recently fined two more entities over alleged false or misleading statements. Earlier this month, ASIC announced they fined superannuation trustee Diversa Trustees $13,320. Diversa is the issuer ...

ASFI outlines roadmap for sustainable finance taxonomy

RACHEL ALEMBAKIS  |  THURSDAY, 15 DEC 2022  |  NEWS
... out a pathway for taxonomy adoption that starts with immediate use of the taxonomy for the development and labelling of green financial products and sustainability standards, and to assist financial institutions assess the credibility of transition plans. ...

ANZ leads issuance of US$50m gender-lens bond

RACHEL ALEMBAKIS  |  THURSDAY, 15 DEC 2022  |  NEWS
... committee including IIX, UN CDF, Australian Aid, the US DFC, Nuveen, ANZ and others. "The Orange Bonds Principles are similar to Green Bond Principles in that they serve a similar function and objective, but in terms of the actual level of detail that ...

Mindaroo, QIC back FairSupply Series A fundraise

RACHEL ALEMBAKIS  |  THURSDAY, 15 DEC 2022  |  NEWS
ESG SaaS platform FairSupply has raised $6.3 million in a series A round led by AirTree, alongside Tidal, Minderoo Foundation and QIC. FairSupply provides corporate and institutional clients with visibility over ESG risk in supply chains and investment ...

Australia to introduce mandatory climate reporting

RACHEL ALEMBAKIS  |  TUESDAY, 13 DEC 2022  |  NEWS
... support for the broader agenda, including disclosure reforms and tackling greenwashing. Treasury will also look at the role of green or sustainable bonds, noting that "globally, sovereign green bonds are becoming more commonplace - to help develop sustainable ...

Vanguard quits net zero investor initiative

RACHEL ALEMBAKIS  |  THURSDAY, 8 DEC 2022  |  NEWS
Vanguard has quit the Net Zero Asset Managers initiative (NZAM), saying they wished to provide clarity to investors regarding the role of index funds and how they think about material risks like climate change. Vanguard - which has more than $11 trillion ...

ASIC warns directors over sustainability disclosures

RACHEL ALEMBAKIS  |  THURSDAY, 8 DEC 2022  |  NEWS
... sustainability-related disclosure and governance practices of listed companies, managed funds, superannuation funds and green bonds. ASIC commissioner Sean Hughes has said that effective regulatory frameworks for sustainable finance "continues to be ...

ASIC fines Vanguard for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022  |  NEWS
... we're currently investigating a number of listed entities, super funds, and managed funds in relation to their claimed green credentials," Longo said in a speech at the ASIC Annual Forum in November. In October, ASIC took its first action for greenwashing ...

APRA publishes results of banking climate vulnerability assessment

RACHEL ALEMBAKIS  |  THURSDAY, 1 DEC 2022  |  NEWS
The Australian Prudential Regulation Authority (APRA) has published the findings of its first Climate Vulnerability Assessment (CVA) of Australia's five largest banks and signaled that the insurance industry is likely to be the next regulated sector ...

TCorp reports $2 billion in new green, sustainability bonds

RACHEL ALEMBAKIS  |  THURSDAY, 1 DEC 2022  |  NEWS
... financial management partner of the New South Wales (NSW) public sector, issued a total of $2 billion in sustainability and green bonds in the 2022 financial year as part of its overall $25.8 billion total debt issuance. In its most recent sustainability ...