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Showing 61 - 70 of 2414 results for "ACT"

Australian Unity to assist as trustees in compensation deal

RACHEL ALEMBAKIS  |  THURSDAY, 22 FEB 2024  |  NEWS
Australian Unity has been engaged in distributing $27.5m federal government compensation to falsely imprisoned Indonesian children. Australian Unity Trustees will assist in distributing the money to "as many as 240 Indonesian victims, who were wrongfully ...

AI trumps climate as chief risk factor: economists

ROSE MARY PETRASS  |  WEDNESDAY, 21 FEB 2024  |  NEWS
... businesses in the coming couple of years." With the government tabling an Australian version of the US' Inflation Reduction Act, and Labour putting a carbon price back on the agenda, Hutley says investors remain cautious. "It does worry me that we ...

FS Sustainability opens final voting round for ESG Power50

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
The countdown is on to name the 50 most influential ESG professionals working at ASX-listed companies in Australia as the final voting round of the 2024 ESG Power50 is now live. Readers of FS Sustainability along with FS Super - The Journal of Superannuation ...

Japan issues first climate transition bond

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
In a world first, Japan's JPY1.6 trillion (US$11 billion) Climate Transition Bond will launch with proceeds going to fund Japan's carbon neutrality investment roadmap. The bond is certified under the Climate Bonds Standard, which assures environmental ...

Global managers drop out, scale back on Climate Action 100+

RACHEL ALEMBAKIS  |  MONDAY, 19 FEB 2024  |  NEWS
The three global giant fund managers that are leaving or changing up their relationship with Climate Action 100+ were not lead investors on any Australian-based engagements, local organisers have confirmed. Last week, J.P. Morgan Asset Management and ...

Final text of EU ESG laws released

ROSE MARY PETRASS  |  MONDAY, 19 FEB 2024  |  NEWS
The European Union has published the final text on the transparency and integrity of environmental, social and governance rating activities. It requires alignment for entities outside of the EU that trade on the EU market. The regulations hope to increase ...

China stock exchange rings in Year of the Dragon with ESG mandate

ROSE MARY PETRASS  |  FRIDAY, 16 FEB 2024  |  NEWS
The Chinese stock exchange will mandate a "double materiality" approach to sustainability reporting, covering governance, strategy, risk management, and metrics and targets. As the region celebrates the Lunar New Year, mainland China's three main stock ...

Climate-committed investor group grows to $35tr AUM

ROSE MARY PETRASS  |  THURSDAY, 15 FEB 2024  |  NEWS
Investor support for climate action is on the rise, with the Investor Group on Climate Change (IGCC) reporting a global membership increase representing more than 14.8 million beneficiaries, up from eight million four years ago. The group, which brings ...

Investors back modern slavery compensation

ROSE MARY PETRASS  |  MONDAY, 12 FEB 2024  |  NEWS
A group of 45 investors with $11.9 trillion in assets under management have signalled support for a national compensation scheme for modern slavery victim-survivors in Australia. There are at least 1900 victim-survivors of modern slavery in Australia ...

SIX launches share platform for investors, activists

RACHEL ALEMBAKIS  |  THURSDAY, 8 FEB 2024  |  NEWS
A former co-founder of Future Super has launched Sustainable Investment Exchange (SIX), a share trading platform that combines activism and investing. SIX is co-founded by Adam Verwey, a former co-founder of Future Super, and Sophie Hall, an experienced ...