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Top 10 most-read articles of 2023

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... development April: Treasurer Jim Chalmers announced the government would co-fund the initial development phase of an Australian Sustainable Finance Taxonomy, in partnership with the Australian Sustainable Finance Institute (ASFI). #3: Average head of ...

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

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... with more than 1,000 employees to align human rights and due diligence duties in their supply chains. In July, the Australian Treasury's phased approach to mandatory sustainability reporting kicks in for larger companies, with smaller businesses ...

Task Force on Climate-Related Financial Disclosures disbanded

ROSE MARY PETRASS  |  WEDNESDAY, 27 DEC 2023  |  NEWS
... metrics and targets. The closure of the TCFD does not change mandatory requirements with regard to TCFD disclosures. The Australian government is aiming to legislate mandatory climate disclosures for Australian companies from 2024. The new standards ...

Northern Trust pulled up for greenwashing

ROSE MARY PETRASS  |  THURSDAY, 21 DEC 2023  |  NEWS
... alleged greenwashing against Tlou Energy Limited, Diversa Trustees Limited, and Black Mountain Energy. This comes as the Australian Competition and Consumer Commission (ACCC) recently released its final guidance on greenwashing.

Two Aussie states ramp up climate ambitions to attract investment

ROSE MARY PETRASS  |  TUESDAY, 19 DEC 2023  |  NEWS
... 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 net zero emissions by 2050 or earlier, covering emissions produced within ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
Editorial note: This is the sixth in a six-part series of articles brought to you by Energetics In 2024, Australian business will need to focus on the strength of their response to climate change, with government aiming to legislate mandatory climate ...

ACCC issues greenwashing guidance

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
The Australian Competition and Consumer Commission (ACCC) has released final guidance on greenwashing while flagging that emissions and offsetting claims are in the spotlight next year. The principles comprise the ACCC's final guidance on environmental ...

ACSI updates voting guidelines

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
Cyber security, worker safety and nature and biodivdersity expectations are on the list of the Australian Council of Superannuation Investors' (ACSI) Governance Guidelines. The guidelines are updated every two years and underpin ACSI's proxy voting ...

COP28 key outcomes: what it means for finance

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... reducing methane emissions, and over 100 countries committing to reduce carbon emissions in food and land-use. The Australian government rejoined the global Green Climate Fund with an initial contribution of $50 million, and allocated $100 million to ...

Podcast: 60,000+ years of care for country - Josh Gilbert

THE GREENER WAY  |  MONDAY, 11 DEC 2023  |  NEWS
... year knowledge base is key to building thriving agriculture and natural capital markets in Australia. At the recent Australian Sustainable Finance Institute annual conference, Gilbert, who is also policy officer of Indigenous policy at the University ...