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Showing 781 - 790 of 1687 results for "Capital 21"

Strengthen governance to avoid investment greenwashing: SSGA

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
To manage the risk of greenwashing, asset managers need to focus on assuring that internal governance structures are consistent with regulatory expectations in various jurisdictions, according to State Street Global Advisors (SSGA). Greenwashing concerns ...

Australia joins COP27 forests partnership

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
Australia has become a founding member of the Forests and Climate Leaders Partnership, launched at COP27 this week, a move that emphasises the importance of forestry assets in climate mitigation. The UK-led voluntary partnership was formally launched ...

Experts weigh net zero risks, opportunities of Origin Energy bid

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
Super funds and other shareholders could be in a position for a second time this year to approve a proposal to privitise an electricity provider, as Brookfield and MidOcean Energy bid to take over Origin Energy. Brookfield and MidOcean, an LNG company ...

CDP to adopt ISSB climate standard from 2024

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 NOV 2022  |  NEWS
CDP has announce that it will incorporate the International Sustainability Standards Board (ISSB) climate-related Disclosures Standard from the 2024 disclosure cycle. The announcement came at COP27 at Sharm el-Sheikh. The announcement means that the ...

CBA appoints four to Commodities, Trade and Carbon business

RACHEL ALEMBAKIS  |  MONDAY, 7 NOV 2022  |  NEWS
Commonwealth Bank has appointed four new managing directors to its recently created Commodities, Trade and Carbon (CTC) business. Martyn Whitehead joins CBA as managing director, commodities, leading the bank's strategy for its commodities business ...

Cbus adopts EU climate reporting standards

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022  |  NEWS
Cbus Super has updated its climate change roadmap to meet their 2030 target of reducing emissions by 45%, while changing is reporting for portfolio emissions that sees the fund's reported emissions reductions restated to reflect real-world outcomes. ...

Regulatory roundup on key sustainability developments

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
A range of ESG-related regulatory actions have come up for discussion in the last week, including a commitment by the assistant treasurer to establish national standards for a green taxonomy, APRA flagging that their climate vulnerability assessment ...

ASIC greenwashing investigations continue

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
ASIC chair Joe Longo said the market regulator is currently investigating listed companies, super funds, and managed funds for potential greenwashing. "Only last week we issued our first greenwashing penalty, and we're currently investigating a number ...

Altius Asset Management publishes first impact report

RACHEL ALEMBAKIS  |  THURSDAY, 3 NOV 2022  |  NEWS
Cash and fixed interest manager Altius Asset Management has calculated that the carbon emissions of their combined portfolio are slightly more than 70% below their comparative benchmark. Altius has released its first impact report, which provides disclosure ...

MAS sustainability adviser speaks to Sinagpore/Australian collaboration

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 NOV 2022  |  NEWS
Finance is a great enabler of the transition to a net zero economy, but it requires cooperation between governments and investors as well as global collaboration between countries, according to the outgoing chief sustainability officer of the Monetary ...