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Showing 51 - 60 of 171 results for "Treasury"

ESG in 2024: key trends and legislative changes for the year ahead

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
If 2023 marked a broadened focus on climate adaptation, transition, biodiversity and modern slavery, 2024 is poised to be the year of ESG integration, consolidated reporting, legislative compliance, supply chain due diligence, and managing artificial ...

Task Force on Climate-Related Financial Disclosures disbanded

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... take action against directors and reporting entities in relation to forward-looking statements and Scope 3 emissions. Treasury has stated in its consultation paper that companies "will be afforded protection from false or misleading representation claims ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... disclosure in line with government efforts to make climate disclosure mandatory under new legislation. It is expected that Treasury will consult on exposure draft legislation to give effect to the climate-related financial disclosure regime later this ...

Government sets stage for sovereign green bond

RACHEL ALEMBAKIS  |  THURSDAY, 7 DEC 2023  |  NEWS
... the information." The oversight of the green bond framework will be managed by a Green Bond Committee, co-chaired by Treasury and the Department of Climate Change, Energy, the Environment and Water with members from the Department of the Prime Minister ...

Progress on Australia's sustainable finance taxonomy

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... Australia is to transition the economy and become a renewable energy superpower. ASFI is collaborating with expert advisors, Treasury, and regulatory officials, on the initial development of the Australian sustainable finance taxonomy. In August, ASFI ...

New advisory body for nature investment

ROSE MARY PETRASS  |  TUESDAY, 5 DEC 2023  |  NEWS
... help repair nature while avoiding greenwashing." Chair Ken Henry, economist and former secretary of the department of treasury, will be joined by Australian Sustainable Finance Institute (ASFI) CEO Kristy Graham, outgoing Responsible Investment Association ...

Net zero roadmap shifts public service spending to green

RACHEL ALEMBAKIS  |  THURSDAY, 30 NOV 2023  |  NEWS
... grow by 3.8 percentage points of GDP from 24.8% per cent in 2022-23 to 28.6% in 2062-63, according to Secretary to the Treasury Steven Kennedy, thus changes to purchasing policy that requires suppliers to have emissions reductions strategies in place ...

Treasury proposes merger of accounting, audit bodies

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
... arrangements." AASB will continue to progress its work in relation to climate-related financial disclosure standards, Treasury noted. "The streamlining of the nation's financial reporting architecture is part of our broader efforts to reform, renew and ...

Finance eyes $500b green buildings opportunity

ROSE MARY PETRASS  |  THURSDAY, 16 NOV 2023  |  NEWS
... new sustainability standards were released by the International Sustainability Standards Board (ISSB). That same month Treasury proposed the implementation of mandatory climate-related disclosures. In 2022 the debt market raised more funds for climate-friendly ...

FS Sustainability launches ESG Power50 nominations

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
... July 2024, a review of the Modern Slavery Act recommended meaningful reforms to enhance protections of human rights and Treasury announced a long-anticipated sustainable finance strategy. This year has also brought challenges in the form of greenwashing ...