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Showing 51 - 60 of 241 results for "Commonwealth"

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... headline conclusion of Nature-related risks and directors' duties, authored by Pollination in collaboration with the Commonwealth Climate and Law Initiative. The opinion was written by Sebastian Hartford-Davis and Zoe Bush "Directors should cause ...

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... increased its lending to fossil fuel projects in 2022 to $2.6 billion - up from $2 billon in 2021. In contrast, the Commonwealth Bank reduced its lending from $1.3 billion in 2021 to $267 million in 2022. ANZ also reported a combined $52 billion exposure ...

Igneo refinances green credit facility

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
... efficiency, waste management, clean transportation and sustainable water management. The GDIF facility is supported by Commonwealth Bank of Australia, which acts as the sole green coordinator and joint lead arranger for the transaction, with ANZ, NAB ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
... the fiscal impacts of climate change on government bonds. The federal court has approved a settlement between the Commonwealth and Kathleen O'Donnell in a case was filed in 2020 when O'Donnell, represented by Equity Generation Lawyers principal ...

Coal mine case sets climate risk precedent

ROSE MARY PETRASS  |  THURSDAY, 12 OCT 2023  |  NEWS
... Heritage and National Heritage sites, critically endangered species and ecological communities, the environment in Commonwealth marine areas and the environment in the Great Barrier Reef Marine Park. Justice Shaun McElwaine ruled it was not a case of ...

Australia considers carbon tariff to level playing field

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
... relation to steel and cement." The review will consult with stakeholders across industry, peak business groups, experts, commonwealth, state and territory government agencies, international trading partners, relevant international bodies and the broader ...

Government commits public service to net zero by 2030

RACHEL ALEMBAKIS  |  THURSDAY, 31 AUG 2023  |  NEWS
... contribute to achievement of Australia's Paris Agreement targets." The policy will initially cover 100 non-corporate Commonwealth entities, with some security exclusions such as the Department of Defence. Departments that fall under non-corporate Commonwealth ...

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
The Commonwealth of Australia will for the first time disclose climate risk in sovereign bonds following the settlement of a world-first class action lawsuit. The case was filed in 2020 by Kathleen O'Donnell, represented pro bono by Equity Generation ...

Social license or social-washing - weighing the value of public statements on the Voice

ROSE MARY PETRASS  |  THURSDAY, 10 AUG 2023  |  NEWS
... among the ranks of super funds that publicly support the Voice. Deloitte, KPMG, Adamantem Capital, Westpac, NAB, Commonwealth Bank of Australia, ANZ, Lendlease, Woolworths, and Coles are also in support. Resource giants BHP and Rio Tinto, as well as ...

Sustainable finance heavyweight to chair National Reconstruction Fund board

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 AUG 2023  |  NEWS
... currently a director of AustralianSuper and has been co-chair of the NSW Renewable Energy Sector Board, a member of the Commonwealth Agricultural Working Group and NSW State Government Minerals Industry Advisory Council. He was formerly secretary of ...