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Showing 61 - 70 of 169 results for "Treasury"

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... sense 20 years ago, maybe even 10," CEO Nic Seton said. "We don't have endless time to coddle big polluters." The Treasury consultation paper states that companies "will be afforded protection from false or misleading representation claims from private ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... forthcoming sustainable finance taxonomy to "ensure that it is effectively embedded in Australia's regulatory framework." Treasury has released the long-anticipated sustainable finance strategy consultation paper, outlining a broad range of measures ...

Treasury issues statement on systemic climate risk to government bonds

ROSE MARY PETRASS  |  WEDNESDAY, 1 NOV 2023  |  NEWS
Treasury has acknowledged that climate is a systemic risk for the Australian economy and creates uncertainty about the fiscal impacts of climate change on government bonds. The federal court has approved a settlement between the Commonwealth and Kathleen ...

Role for finance after No vote

ROSE MARY PETRASS  |  THURSDAY, 26 OCT 2023  |  NEWS
... occur, and capital should flow, said Halls Creek Gija man Ben Ainsworth, director of the First Nations Policy Unit of Treasury. In order to pursue activities that may impact on culturally sensitive sites, investors should engage with traditional owners ...

Nature credits a potential bonanza for Australia

RACHEL ALEMBAKIS  |  THURSDAY, 28 SEP 2023  |  NEWS
... Australia," said Clayton Utz environment and planning partner Claire Smith. "The mandatory climate reporting consultation that Treasury put out, obviously they'll start with climate, but I think it's pretty likely that it will extend into biodiversity." ...

Government commits public service to net zero by 2030

RACHEL ALEMBAKIS  |  THURSDAY, 31 AUG 2023  |  NEWS
... is going to be very important." Connor likened government purchasing of ACCUs to government purchasing of Australian treasury bonds - a process to be managed, but not unfamiliar. "Offset purchases will be important but not massively significant given ...

Bank says fossil fuel exclusions "will bite" in the future

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... strategy stretching back to 2015 and follows RIAA's product framework of exclusions that are built into TMBL's treasury and credit risk frameworks and ESG policies. In 2022, the bank achieved B Corp Certification and was named Finder's Green ...

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... Commonwealth of Australia, the Australian Office of Financial Management CEO, and the secretary of the Department of Treasury. Other bond investors are now invited to put forward their views on the settlement, which the court can consider when making ...

Climate action both risk and opportunity to Australia: Intergenerational Report

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
... impact on the structure of the economy and the choices Australian consumers and businesses make over the coming decades," Treasury noted in the report. "While the global net zero transformation is expected to drive changes in the structure of Australia's ...

Active Super to face court over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023  |  NEWS
... involved in the production of alcohol (including Budweiser Brewing Company APAC Ltd, Carlsberg AS, Heineken Holding NV and Treasury Wine Estates Ltd); and 19 companies involved in gambling (including Aristocrat Leisure Limited, Caesar's Entertainment ...