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Showing 81 - 90 of 677 results for "Unit"

Standards boards unite for global rollout

ROSE MARY PETRASS  |  WEDNESDAY, 29 MAY 2024  |  NEWS
The International Financial Reporting Standards (IFRS) Foundation is working with the Global Reporting Initiative (GRI) to make their standards more compatible. The partnership between the IFRS - which oversees the International Sustainability Standards ...

Australian Ethical snaps up asset manager

ANDREW MCKEAN  |  THURSDAY, 23 MAY 2024  |  NEWS
Australian Ethical has struck a deal to acquire Altius Asset Management, the sustainable fixed income business of Australian Unity, a move that will see its funds under management (FUM) swell by $2 billion. The acquisition will see both firms merge ...

CIM to develop ACCUs with Greening Australia

ROSE MARY PETRASS  |  MONDAY, 20 MAY 2024  |  NEWS
Conscious Investment Management (CIM) has partnered with an environmental non-profit to jointly develop Australian Carbon Credit Units (ACCUs) under the environmental planting methodology. The first acquisition under the partnership will restore biodiversity ...

Budget 2024: A win for clean energy, not environment

ROSE MARY PETRASS  |  WEDNESDAY, 15 MAY 2024  |  NEWS
... 2027. Other notable allocations include: $399m for the Net Zero Economy Authority, $48m for the Australian Carbon Credit Unit scheme, $170.6m to expediate renewables project approvals, $63.8m to support emissions reduction in the agriculture, $178.6m ...

Stewardship resources should double

ROSE MARY PETRASS  |  TUESDAY, 14 MAY 2024  |  NEWS
Stewardship is under-resourced as investors grapple with assessing how organisations align with the ambitions of clients and beneficiaries. Resources dedicated to the values of responsible planning and management of an organisation, need to double as ...

Subsidiaries must comply with Aussie regime

ROSE MARY PETRASS  |  MONDAY, 13 MAY 2024  |  NEWS
Inbound Australian subsidiaries of international groups must comply with the Australian Sustainability Reporting Standards (ASRS), even if they already make disclosures under foreign regimes, EY finds. Alexandra Banks, partner at EY, climate change ...

ASIC consults on guidance for carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 8 MAY 2024  |  NEWS
... carbon product- safeguard mechanism credit units (SMCs)-from January 2025. SMCs are a type of eligible international emissions unit (EIEU) and therefore regulated as a financial product under the Corporations Act 2001 (Corporations Act). "We are proposing ...

Geostrategic risks in a changing world

ROSE MARY PETRASS  |  WEDNESDAY, 1 MAY 2024  |  NEWS
Increasing geopolitical uncertainty means that investors must navigate new risks affecting supply chains, food security and human rights. Responsible investors must weigh ethical responsibility with protecting against financial risk. While most geopolitical ...

Sandon Capital to buy carbon farms

ROSE MARY PETRASS  |  MONDAY, 15 APR 2024  |  NEWS
An activist fund has lobbed a $11.6 million cash takeover bid for a majority stake in 30 Western Australian carbon farms. Carbon Conscious Investments (CCI) holds carbon property rights to nearly 17,000 hectares of Mallee trees plantation in the WA ...

Three innovations to fix carbon market

ROSE MARY PETRASS  |  THURSDAY, 11 APR 2024  |  NEWS
With effective risk management and capital allocation, Australia's carbon market can scale to become the biggest in the world, Westpac and the Carbon Market Institute (CMI) say. Companies are shifting from a focus on carbon neutrality to net zero alignment ...