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Showing 71 - 80 of 1014 results for "disclosure"

Regulator hones in on greenwash as climate laws tighten

ROSE MARY PETRASS  |  MONDAY, 26 AUG 2024  |  NEWS
... intervened to protect investors and consumers, and to maintain market integrity." In the 15 months to June, ASIC secured 37 disclosure corrections, issued eight infringement notices totalling over $123,000, and initiated civil penalty proceedings against ...

Senate passes landmark climate reporting and net zero authority laws

ROSE MARY PETRASS  |  FRIDAY, 23 AUG 2024  |  NEWS
The finance industry welcomes new climate rules to empower investor decision-making and corporate action but urges no further delays in enforcement. Climate reporting will be mandatory for large entities from 1 January 2025, helping investors identify ...

KPMG prints first climate risk report

ROSE MARY PETRASS  |  THURSDAY, 22 AUG 2024  |  NEWS
The major professional services business is the latest of the Big Four accounting firms to report on Task Force on Climate-related Financial Disclosures (TCFD). This comes as the federal government's legislation on mandatory climate reporting is ...

Litigation immunity sparks legal expert outcry

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
A pause on private litigation would undermine investors' ability to make sound choices on their holdings, according to a leading climate focused law firm speaking on a proposal currently before the Senate. The government plans to legislate a three-year ...

CommBank exits fossil fuels as rivals fund Santos

ROSE MARY PETRASS  |  MONDAY, 19 AUG 2024  |  NEWS
The once-largest fossil fuel lender has changed tack to become the first of the big banks to formally cut ties with coal, oil and gas without credible transition plans, ahead of schedule. Last year, Commonwealth Bank announced that from 2025 it would ...

Red alert for PFAS value chain

ROSE MARY PETRASS  |  FRIDAY, 16 AUG 2024  |  NEWS
... endocrine disruption. Alongside advisor Chronos Sustainability, the group is calling investors to push for corporate disclosure and to support the phase-out of these chemicals. Demand for PFAS is declining, litigation costs are rising, and the reputation ...

S&P Global gains top sustainability expert

ELIZABETH FRY  |  THURSDAY, 15 AUG 2024  |  NEWS
... professional has been an Al Gore Climate Ambassador. Lucchese has also sat on several boards including the UK Climate Disclosure Standards Board and Environmental Investment Organisation. Currently, she is a director of Impact Alpha Partners - a recently ...

Help on nature, climate disclosures

ROSE MARY PETRASS  |  TUESDAY, 6 AUG 2024  |  NEWS
... future (such as potential changes in government regulation), even if other IFRS Accounting Standards do not require such disclosure. The IASB collaborated with the International Sustainability Standards Board (ISSB) to ensure interoperability with ISSB's ...

Asset managers fast track portfolio targets

ROSE MARY PETRASS  |  FRIDAY, 2 AUG 2024  |  NEWS
... supported by the US$121 trn United Nations-supported network the Principles for Responsible Investing (PRI or UN PRI), disclosure system CDP, and sustainable finance advocate Ceres. Ceres CEO and president Mindy Lubber said the data represents meaningful ...

ISS ESG to plug emissions data shortfall for banks, insurers

MICHELLE BALTAZAR  |  THURSDAY, 1 AUG 2024  |  NEWS
... provider ISS ESG removes one of the biggest hurdles for banks and insurers looking to comply to imminent emissions disclosure laws. This week ISS ESG, the sustainable investment arm of ISS STOXX, announced a string of upgrades to its Climate Solutions ...