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Showing 51 - 60 of 910 results for "disclosure"

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
... damage and could raise borrowing costs and force policy changes such as subsidy or emission reductions, or enhanced disclosure requirements. "Financial risk is the dominant frame through which investors and regulators engage with climate change. But ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... reporting legislation proposed by government. Treasury released the exposure draft of legislation that would make financial disclosure of climate risk and opportunity mandatory in Australia using the Australian Accounting Standards Board (AASB)'s ...

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
... climate transition plans. For example, France's central bank incorporates biodiversity indicators into its own portfolio disclosure. Singapore, the European Union, the UK, Switzerland, Canada, and the US are now requiring financial institutions and companies ...

Built industry bodies call for green innovation policy

RACHEL ALEMBAKIS  |  MONDAY, 8 JAN 2024  |  NEWS
... and electrification retrofits for existing homes, minimum performance standards for rental properties and mandatory disclosure of energy efficiency at the point of sale. In addition to the potential savings of electrifying the built environment, energy ...

Top 10 most-read articles of 2023

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... previously fined two more entities over alleged false or misleading statements. #6: AASB publishes climate-related disclosure standards draft October: Australian Sustainability Reporting Standards (ASRS) will first focus on climate-related financial ...

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

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... will have to apply the new rules for the first time in the financial year 2024 for reports published in 2025. ISSB disclosure standards become effective from January 1, 2024, and IFRS S1 and S2 will also be effective for annual reporting. The EU Taxonomy ...

Task Force on Climate-Related Financial Disclosures disbanded

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... disclosures. As the International Sustainability Standards Board's (ISSB) first standards (IFRS S1 General Requirements for Disclosure of Sustainability-Related Financial Information and IFRS S2 Climate-related Disclosures) have now been released, the ...

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
... transition management score quartile. Northern Trust outsourced its exclusions and screenings to MSCI. ASIC said product disclosure statements were misleading because at least three companies that failed the low carbon transition management score quartile ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... Reporting Standards (ASRS). A public comment period is open until 1 March 2024 for ASRS 1 General Requirements for Disclosure of Climate-related Financial Information and ASRS 2 Climate-Related Financial Disclosures, The two new standards would kick ...

The rise and rise of ESG salaries

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
Heads of sustainable/responsible investment can expect to see their pay packet surpass $500,000, according to recruitment agency Talent Nation. ESG professionals continue to be highly sought-after, outstripping supply "for the foreseeable future," Talent ...