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Showing 661 - 670 of 2763 results for "ACT"

Plibersek announces crackdown on offsets

ROSE MARY PETRASS  |  THURSDAY, 29 JUN 2023  |  NEWS
The federal government today announced a full audit of environmental offsets, to ensure developers are meeting their obligations. The audit will investigate the compliance of over 1000 offset sites approved under national environmental law over the ...

Aussie businesses building climate resilience: FM Global

RACHEL ALEMBAKIS  |  THURSDAY, 29 JUN 2023  |  NEWS
Although Australia ranks 107th out of 130 countries for climate risk exposure, but it has inched up a notch to sit in 19th place for its ability to address those risks, according to a new index from commercial property insurer FM Global. The insurer ...

Treasury seeks feedback on mandatory climate-related financial disclosures

ROSE MARY PETRASS  |  WEDNESDAY, 28 JUN 2023  |  NEWS
A second consultation paper released this week by Treasury asks for feedback on a standardised, internationally-aligned, mandatory climate-related financial disclosure framework that will be implemented starting from 2024. The new framework, informed ...

Finance responds to new ISSB standards

ROSE MARY PETRASS  |  TUESDAY, 27 JUN 2023  |  NEWS
The first ISSB standards dropped this week, with a range of reactions from investors and stakeholders in financial capital markets. The two new standards - IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information ...

Strong demand for green bonds: BNP Paribas Asset Management

RACHEL ALEMBAKIS  |  TUESDAY, 27 JUN 2023  |  NEWS
While returns on green bonds experienced volatility in 2022 in concert with the broader fixed income asset class, strengthening yields and unabated interest in bonds with verifiable green use of proceeds means strong demand, according to BNP Paribas ...

$20.5 billion cash infusion for Australia's green bank

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUN 2023  |  NEWS
The federal government has allocated an additional $20.5 billion to the Clean Energy Finance Corporation (CEFC), with the first $11.5 billion on its way. The CEFC has also received three new investment priorities as the result of government legislation ...

New net zero bondholder stewardship guidance: IIGCC

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
The Institutional Investors Group on Climate Change (IIGCC) has published its Net Zero Bondholder Stewardship Guidance, offering corporate bondholders a foundational framework towards corporate bondholder stewardship. The guidance focuses on bondholder ...

Global development banks release joint principles towards Paris alignment

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
Ten multilateral development banks (MDBs) have identified the financing activities most closely aligned with achieving the intent of the Paris Agreement while also defining financing coal- and peat-related activities as not aligned. The MDBs involved ...

NSW Modern Slavery Plan to build prevention capability

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
... Real Freedom is a preliminary five step plan for anti-slavery action alongside the National Action Plan and Modern Slavery Act 2018 (NSW). It aims to support policy and legislation, support and advocate survivors, and issue codes of practice and maintain ...

Western Australia issues first green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023  |  NEWS
Western Australia has issued its inaugural green bond, with use of proceeds to support projects delivering environmental and decarbonisation outcomes. Western Australia Treasury Corporation (WATC) issued the 4.25% ten-year bond, which was "heavily oversubscribed" ...