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Showing 51 - 60 of 1391 results for "act."

Australian gender pay gap data to be revealed from February

ROSE MARY PETRASS  |  MONDAY, 29 JAN 2024  |  NEWS
From February 2024, Australian companies with 100 or more employees will be required to publish their median gender pay gap between male and female employees. The Workplace Gender Equality Agency (WGEA) will publish the first set of private sector employer ...

Guide to identify and manage modern slavery for NSW entities

RACHEL ALEMBAKIS  |  MONDAY, 29 JAN 2024  |  NEWS
The NSW anti-slavery commissioner's office has published a guidance on managing modern slavery risks applicable to the more than 400 NSW public entities that fall under that state's modern slavery legislation. The Guidance on Reasonable Steps to Manage ...

Forestry fund falls short of target

ROSE MARY PETRASS  |  MONDAY, 29 JAN 2024  |  NEWS
A global natural capital manager raised US$130 million towards its US$300 million target for its Tropical Asia Forest Fund 2 (TAFF2). Investors in TAFF2 include Mitsui, Nomura, Asian Development Bank (ADB), the Australian government, David and Lucile ...

China relaunches offsets market, releases biodiversity framework

ROSE MARY PETRASS  |  THURSDAY, 25 JAN 2024  |  NEWS
China's Certified Emission Reductions (CCER) scheme has restarted after a six-year pause, as the country releases its National Biodiversity Strategy and Action Plan. Suspended in 2017 due to low trading volume and lack of standardisation in carbon audits ...

Australian Ethical grants $500k to climate solutions

ROSE MARY PETRASS  |  WEDNESDAY, 24 JAN 2024  |  NEWS
Pure-play ethical investment manager Australian Ethical has announced $500,000 in grants for non-profits in the climate solutions space. The grants are part of the firm's annual allocation of 10% of its profits to fund environmental or social initiatives ...

NSW can achieve electricity reliability without coal

RACHEL ALEMBAKIS  |  MONDAY, 22 JAN 2024  |  NEWS
There is no need to use taxpayer fund to keep Australia's biggest coal power plant open beyond its planned closure date in 2025 as the state of NSW has made "massive progress" on new renewable energy and battery capacity, according to think tank Climate ...

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
For the first time in its quarterly earnings report, BlackRock identified stakeholder pressure on ESG and AI as risk factors that may influence returns. In its earnings release published on Friday, the firm warned that "increasing focus from stakeholders ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
BNP Paribas Asset Management has updated its Global Sustainability Strategy with a focus on ESG integration and stewardship. It comes as a response to new regulations as well as evolving consumer and investor expectations. As of September 2023, its ...

A rising tide for blue bond investment: T. Rowe Price

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
Although the current market for blue bonds is "nascent", the potential demand for bonds whose use of proceeds fund ocean-friendly and clean water projects could grow rapidly in tandem with the increased investor and corporate focus on biodiversity ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
Investors and regulators could be liable for trillions of dollars in potential damages from climate lawsuits - but are failing to take this threat into account when evaluating risks to their investments. Investors are focusing on physical and transition ...