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Showing 61 - 70 of 1090 results for "board"

Sustainable AUM tops US$30 trn despite tighter labels

ROSE MARY PETRASS  |  WEDNESDAY, 29 NOV 2023  |  NEWS
... Disclosures (TNFD) and the incorporation of TNFD reporting for corporations into the International Sustainability Standards Board (ISSB) framework. It calls for international regulatory alignment on sustainable finance regulations to address fragmentation ...

Treasury proposes merger of accounting, audit bodies

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
... merge the three bodies that oversee financial reporting and set reporting standards - the Australian Accounting Standards Board (AASB), the Auditing and Assurance Standards Board and the Financial Reporting Council. The new integrated body will implement ...

$50 million backing for Conscious Investment Management fund

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
... a big philanthropic team thinking about this and breaking cycles of disadvantage. It is really powerful to have them on board." CIM currently has more than $300 million in total funds under management and is targeting $500 million AUM, Tominc said. CIMSHF2 ...

Surge in executive support for sustainability

ROSE MARY PETRASS  |  THURSDAY, 23 NOV 2023  |  NEWS
... products and services," Cyril Garcia, head of global sustainability services and corporate responsibility and group executive board member said. "It's now or never for organisations: only those who will have invested early enough and put sustainability ...

Workplace conduct a financial risk: Fidelity International

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... governance obligations are different. We want culture-based financial risks to be regularly discussed and overseen by the board, not just for the employees but also for the implications of how you manage this, the mechanism you have to solve the problem ...

RIAA creates co-CEO model to replace outgoing O'Connor

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
... working group and work with the Centre for Sustainable Finance as well. Outgoing CEO Simon O'Connor said decision by the board to go for a co-CEO model was a "compelling proposal. "We have two people who have been working in such a complementary ...

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
... the right governance frameworks in place within the business to make sure that nature issues are properly elevated to the board for consideration," Waterford said. "We would hope that directors would engage with the legal opinion, read and digest that ...

Finance eyes $500b green buildings opportunity

ROSE MARY PETRASS  |  THURSDAY, 16 NOV 2023  |  NEWS
... the next financial year. In June, new sustainability standards were released by the International Sustainability Standards Board (ISSB). That same month Treasury proposed the implementation of mandatory climate-related disclosures. In 2022 the debt market ...

AustralianSuper rejects latest Brookfield overture

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
... company's structure and exposure to many key variables outside its control what has caused volatility in cash flows, led to the board to recommend the offer and caused debate around valuation." Note: ISS owns ISS Media, publisher of FS Sustainabi ...

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
... Holgersson said. "These systems and frameworks are key to the operations of the bank, and responsibility goes all the way to the Board." ANZ increased its lending to fossil fuel projects in 2022 to $2.6 billion - up from $2 billon in 2021. In contrast ...