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Showing 61 - 70 of 1355 results for "Governance"

$200m social housing catalyst for clean energy sector

ROSE MARY PETRASS  |  WEDNESDAY, 17 JAN 2024  |  NEWS
The Australian federal and NSW state government have announced a partnership of $200 million in funding for clean energy upgrades on social housing and low-income rentals. The funding will go towards upgrading housing stock in the parts of New South ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... the standards we expect from the entities in which we invest," the firm said in a statement. This includes a focus on governance, diversity equity and inclusion, transparency and reporting, and internal training on sustainability. FS Sustainability reached ...

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 ...

Podcast: Does DEI improve financial return - Raymone Jackson

RACHEL ALEMBAKIS  |  MONDAY, 8 JAN 2024  |  NEWS
... increasing diversity on boards. Enhanced diversity and inclusion is "rapidly becoming the next frontier in ensuring sound governance and risk culture practices," Rowell said in a speech."Effective DEI practices support a more resilient financial services ...

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

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... destruction, as well as tackling Scope 3 and even Scope 4 in supply chains. All of this increasingly hinges on strong governance and corporate oversight. Regulatory changes 2024 will see multiple significant regulatory changes affecting financiers across ...

Task Force on Climate-Related Financial Disclosures disbanded

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... pass to the ISSB. The new ISSB sustainability and climate-specific guidance includes the four pillars of the TCFD: governance, strategy, risk management, and metrics and targets. The closure of the TCFD does not change mandatory requirements with regard ...

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
Northern Trust Asset Management Australia has paid just shy of $30,000 over allegations of greenwashing. ASIC brought two infringement notices against the local arm of the global fund manager alleged false and misleading statements in the application ...

Two Aussie states ramp up climate ambitions to attract investment

ROSE MARY PETRASS  |  TUESDAY, 19 DEC 2023  |  NEWS
Queensland is set to legislate a 75% emission reduction by 2035 as Western Australia seeks to attract investment in decarbonisation projects as part of its net zero by 2050 target. All Australian state and territory governments are now committed to ...

Climate Change Authority releases ACCU and NGERS reviews

ROSE MARY PETRASS  |  TUESDAY, 19 DEC 2023  |  NEWS
... CCA said that the Credits (Carbon Farming Initiative) Act 2011 (CFI Act) was fundamentally well designed, with robust governance, compliance and enforcement structures - noting that these settings were uncommon in carbon offset schemes. The CCA made ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... What will survive of your business model in a zero-carbon economy that has changed immensely? And of course, build the governance structures that will help with delivering the outcomes that are committed to. Q: What gives you hope? A: The opportunity. ...