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Showing 81 - 90 of 169 results for "Treasury"

Treasury mandates APRA must consider climate risk in duties

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
Treasury has released an updated statement of expectations for the Australian Prudential Regulation Authority (APRA) which includes the adoption of climate reporting standards by super funds, banks and insurers. "For the first time, the government is ...

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 JUN 2023  |  NEWS
... management consultancy are keeping a watchful eye on developments. As reported by sister publication Financial Standard, Treasury has referred PwC to the Australian Federal Police (AFP) for investigation. Australian Treasury Secretary Steven Kennedy ...

No pause button on greenwashing action: ASIC

ROSE MARY PETRASS  |  THURSDAY, 11 MAY 2023  |  NEWS
... milestones for meeting targets, the period the target applies to and the base period for initial milestones. Taxonomy Treasury is developing a comprehensive sustainable financing strategy which will be released in the second half of 2023. The strategy ...

Labor's five step plan for biodiversity

ROSE MARY PETRASS  |  TUESDAY, 9 MAY 2023  |  NEWS
... conservationists and businesspeople together towards a common vision for a sustainable environment, with economist and former treasury secretary Ken Henry acting as facilitator and new NCC CEO Jacqui Mumford speaking for the first time in the role. Plibersek ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023  |  NEWS
... initial development phase of the taxonomy. "The Council of Financial Regulators climate working group - which includes Treasury - will oversee this initial phase," Jones said. "This will ensure that there is direct input from government helping to align ...

Brambles launches Australian-first circular economy green bond

RACHEL ALEMBAKIS  |  TUESDAY, 21 MAR 2023  |  NEWS
... underlying appetite from investors to support our circular economy business model," said Brambles senior vice president, treasury, Oliver Whiddett. "Investing in a circular business, such as Brambles, supports the move of supply chains away from linear ...

More greenwashing investigations ahead: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 2 MAR 2023  |  NEWS
... environmental record." On the subject of climate-related disclosure standards, Longo noted that ASIC is working with Treasury and peers on the Council of Financial Regulators as well as contributing to the ISSB standards through their role in IOSCO. ...

ASIC takes Mercer to court over greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023  |  NEWS
... involved in the production of alcohol (including Budweiser Brewing Company APAC Ltd, Carlsberg AS, Heineken Holding NV and Treasury Wine Estates Ltd); and 19 companies involved in gambling (including Aristocrat Leisure Limited, Caesar's Entertainment ...

Australia to introduce mandatory climate reporting

RACHEL ALEMBAKIS  |  TUESDAY, 13 DEC 2022  |  NEWS
... engagement. Chalmers also noted that he wrote to the Council of Financial Regulators - which includes the RBA, APRA, ASIC, and Treasury - asking for support for the broader agenda, including disclosure reforms and tackling greenwashing. Treasury will ...

Budget spotlights climate, gender and long-term development

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 OCT 2022  |  NEWS
... and well-being to improve visibility of key indicators at a national level." In budget papers supporting the speech, Treasury cited the OECD Framework for Measuring Well-being and Progress for how Australia performs on a variety of environmental, social ...