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Showing 81 - 90 of 372 results for "Accounting"

Business calls for 12-month climate reporting delay

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... The BCA says the commencement date should be 12 months from either the date legislation is proclaimed or Australian Accounting Standards Board (AASB) standards are published - whichever is later - before compliance is required. "There is nothing to be ...

Tracking nature: finance lags on biodiversity

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... the arrival of the laws and said they set a benchmark for global action. "Australia is key for biodiversity globally, accounting for 10% of global biodiversity and 85% of your plants are endemic - they only exist in Australia, so it is very important ...

Green bond investors left in the dark

ROSE MARY PETRASS  |  THURSDAY, 8 FEB 2024  |  NEWS
... guidance to be updated to provide standardisation to issuers, building on a standard from the Partnership for Carbon Accounting Financials (PCAF), and accounting for the lack of data reported for green bonds after issuance. This would enable investors ...

ANZ sustainable fund flows buck global trend: Morningstar

RACHEL ALEMBAKIS  |  THURSDAY, 1 FEB 2024  |  NEWS
... took in US$1.2 billion. Australia and New Zealand's sustainable funds market is "quite concentrated," with 10 firms accounting for more than two thirds of total assets in sustainable funds, Morningstar said. Australian Ethical Investment has the lion's ...

BlueScope receives funding for lower emissions project

RACHEL ALEMBAKIS  |  THURSDAY, 1 FEB 2024  |  NEWS
... lot more of it." "Total steel demand for the energy transformation from 2022 to 2050 will be almost 5 billion tonnes, accounting for 75% of the total material requirement - and that steel will increasingly be green steel." "We want to make sure products ...

Nature-related disclosures underway

ROSE MARY PETRASS  |  THURSDAY, 1 FEB 2024  |  NEWS
... asset owners and managers, banks, insurers and leading market intermediaries such as stock exchanges and audit and accounting firms. The list also includes publicly listed companies across geographies and industry sectors representing US$4 trillion in ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
... overlooking the financial risk from litigation, researchers from Oxford University and the University of Melbourne warn. Accounting for recent developments in legal action significantly changes the distribution of climate-related risk between firms ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... legislation that would make financial disclosure of climate risk and opportunity mandatory in Australia using the Australian Accounting Standards Board (AASB)'s SR1 Australian Sustainability Reporting Standards - Disclosure of Climate-related Financial ...

Top 10 most-read articles of 2023

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... (ASRS) will first focus on climate-related financial reporting, under an exposure draft released by the Australian Accounting Standards Board (AASB). #7: Social license or social-washing - weighing the value of public statements on the Voice August ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... Standards Board (ISSB)'s global reporting framework. Business should not underestimate the task ahead. The Australian Accounting Standards Board (ASSB) has released an exposure draft of the Australian Sustainability Reporting Standards (ASRS). A ...