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ASIC clarifies licensing rules for carbon market

ROSE MARY PETRASS  |  WEDNESDAY, 9 OCT 2024  |  NEWS
... examples and clarifications. However, he noted: "While this additional guidance will play an important role in supporting high standards of practice in Australia's carbon market, it remains the responsibility of market participants to pursue high integrity ...

Equality backslides for first time

ROSE MARY PETRASS  |  TUESDAY, 1 OCT 2024  |  NEWS
The social equivalent of the TCFD has officially launched with support from Europe's standards-setter and UNDP to help corporates track social impact, as rising inequality reverses 20 years of progress. The Taskforce on Inequality and Social-related ...

Clean energy approvals increase

ROSE MARY PETRASS  |  FRIDAY, 27 SEP 2024  |  NEWS
... by 50% by the end of the year, according to a new report. The Clean Energy Regulator's (CER) says capacity could reach as high as 7 gigawatts (GW) - that's enough to power nearly 5 million homes. CER's Quarterly Carbon Market Report for Q2 2024 includes ...

MSCI launches offset rating

ROSE MARY PETRASS  |  FRIDAY, 27 SEP 2024  |  NEWS
... environmental impact, while strengthening legal and ethical standards. Just 5% of projects on the carbon market are very high integrity, according to MSCI head of carbon markets Guy Turner. "Lack of confidence in the quality and integrity of projects ...

Green jobs: Societe Generale, Iress, U Ethical, CDP, TISFD

ROSE MARY PETRASS  |  THURSDAY, 26 SEP 2024  |  NEWS
... Silver Ventures founder Jurate Stanisauskiene, have co-founded a new initiative called govern&. govern& helps boards achieve high performance and drive sustainable business outcomes.

Green finance lags as planet on high alert

ROSE MARY PETRASS  |  WEDNESDAY, 25 SEP 2024  |  NEWS
... show a trend of increasing pressure so that we will soon see the majority of the Planetary Health Check parameters in the high-risk zone. "We are weakening the planet's resilience... Stewardship of the planet is necessary in all sectors of the economy ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024  |  NEWS
Vanguard will pay a $12.9 million fine after being found guilty of greenwashing earlier this year. It marks the largest penalty ever imposed by the Federal Court for such conduct. In March, the Federal Court found Vanguard misled investors via claims ...

Podcast: Career change advice - how to break into ESG and sustainability with Belinda White

THE GREENER WAY  |  TUESDAY, 24 SEP 2024  |  NEWS
With ESG and sustainability roles in high demand, many professionals are eyeing a career change into this impactful sector. In this episode of our podcast The Greener Way, host Rose Mary Petrass speaks with Belinda White, who successfully transitioned ...

Ultra rich bet on green energy for data

ROSE MARY PETRASS  |  FRIDAY, 20 SEP 2024  |  NEWS
... digital revolution. The asset management giant's Green Investments arm is now selling private market access to ultra-high-net-worth clients and family offices. Increasingly, some wealthy investors are adopting a 'Next Gen' investment approach. ...

Australia fails benchmark for female-led funds

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024  |  NEWS
The portfolio size of funds run by women has jumped higher this year, but the number of female-led funds in Australia lags the global average. Only 8% of Australia's funds management industry is run by women, lagging the global average of 12.5% ...