Search Results

Showing 981 - 990 of 3287 results for "SEC"

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
ASIC is considering widening its greenwashing focus to include net zero statements, use of terms like "carbon neutral" and the scope and application of investment exclusions and screens. "Our enforcement actions in response to concerns of greenwashing ...

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
An ANZ shareholder is taking the bank to court over allegations that it has failed to manage the material risks of climate change and biodiversity loss. Catherine Rossiter is a long-term shareholder of the Australia and New Zealand Banking Group. Rossiter ...

Deutsche Bank finances Taiwan's largest offshore wind farm

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
German's largest banking institution has completed a deal-contingent interest rate hedge and tailored financing for Taiwan's largest offshore wind project to date. Upon completion the 1.0-gigawatt Hai Long, developed and owned by Canada's Northland ...

"Looming" governance gap as reporting becomes mandatory

ROSE MARY PETRASS  |  WEDNESDAY, 8 NOV 2023  |  NEWS
The financial system is rushing to upskill on ESG as the concept becomes more integrated into the industry, with teams increasingly comprising of staff with specialist sustainability skills alongside traditional finance experience. ESG is becoming embedded ...

Mirova targets super funds in multi-billion dollar raise

CASSANDRA BALDINI  |  WEDNESDAY, 8 NOV 2023  |  NEWS
Mirova, an affiliate of Natixis Investment Managers, aims to secure support from super funds, potentially reaching billions, to launch its sixth strategy focused on energy transition infrastructure. The global asset manager intends to raise approximately ...

PRI, CFA Institute and GSIA agree to common RI definitions

RACHEL ALEMBAKIS  |  MONDAY, 6 NOV 2023  |  NEWS
Three global investment bodies have collaborated to develop a standard set of definitions for the most common terms in responsible investing. CFA Institute, the Global Sustainable Investment Alliance (GSIA), and Principles for Responsible Investment ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
Treasury's proposed three-year moratorium on private litigation related to Scope 3 reporting as part of its proposed mandatory climate-related financial disclosure package has raised fears that it would give companies the green light to greenwash. ...

Most inclusive Aussie orgs named

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
Fossil-free super fund Future Group, member-owned Great Southern Bank QIC and non-bank lender Brighten Home Loans are among 82 Australian organisations deemed most committed to diversity and inclusion. In partnership with non-profit cultural centre ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
The government has announced plans to create a labelling regime for sustainable investment products, including managed funds and super fund options as well as plans to have an unnamed government body maintain a forthcoming sustainable finance taxonomy ...

A portfolio approach for renewable investment: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
Editorial note: This is the third in a six-part series of articles brought to you by Energetics Decarbonising Australia's national energy market is a central tenant to achieving the goal of reducing carbon emissions in line limiting global warming ...