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Showing 1 - 10 of 101 results for "Principle 3"

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
Major ESG indices have responded to allegations they listed companies with links to the Myanmar military junta. The indices, MSCI, FTSE Russell and S&P Dow Jones, were used by BlackRock, Deutsche Bank, Northern Trust, State Street and Vanguard to model ...

Reducing risk and navigating a just transition

ROSE MARY PETRASS  |  THURSDAY, 19 OCT 2023  |  NEWS
Steering the economy away from emissions-intensive industries comes significant social and economic risks that arise from transitioning communities. Institutional investors need to integrate these risks into their strategies or risk a "messy, chaotic ...

ART outlines road to net zero 2050

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023  |  NEWS
Australian Retirement Trust (ART) will aim to cut greenhouse gas emissions in its investment portfolio by 43% by 2030 on the way to net zero by 2050. The $260 billion super fund has released its Net Zero 2050 Roadmap, outlining how the fund plans to ...

Arup appoints state energy business leader

RACHEL ALEMBAKIS  |  TUESDAY, 18 JUL 2023  |  NEWS
Arup has named Thomas Briault as the new Energy Business leader for New South Wales and ACT. Briault has worked for more than 20 years for Arup, most recently as principle for the firm's Southeast Asia Energy, Water and Resources business in Singapore. ...

China opposes UN calls for net zero shipping by 2050

ROSE MARY PETRASS  |  THURSDAY, 6 JUL 2023  |  NEWS
The United Nations have called for a global shipping pact of net zero lifecycle emissions by 2050. UN Secretary-General Antonio Guterres made the call at the International Maritime Organization (IMO) meeting of the Marine Environment Protection Committee ...

Family offices see ESG as part of fiduciary duty: Ocorian

RACHEL ALEMBAKIS  |  THURSDAY, 15 JUN 2023  |  NEWS
Family offices increasingly see focusing on ESG as "part of fiduciary duty", according to global high net worth and family office service provider Ocorian. Ocorian recently conducted global research that found that more than 90% agree that a focus on ...

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 ...

Modern slavery on the rise 10 years after Rana Plaza

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
It is 10 years since more than a thousand people died in the Rana Plaza textile factory collapse in Bangladesh in April 2013. In the intervening years, regulations to improve factory safety has been introduced in Bangladesh, and issues related to worker ...

ASIC issues Indigenous Financial Services Framework

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2023  |  NEWS
ASIC has acknowledged that First Nations peoples have been "prohibited and excluded from participating in the Australian financial system," and has published an Indigenous Financial Services Framework to support positive financial outcomes for First ...

ANZ leads issuance of US$50m gender-lens bond

RACHEL ALEMBAKIS  |  THURSDAY, 15 DEC 2022  |  NEWS
ANZ has led the issuance of a $50 million four-year Women's Livelihood Bond 5 (WLB5), a gender-lens sustainable bond that aligns with the Orange Bond Principles. The bond has been issued by Impact Investment Exchange (IIX), a pioneer in impact investing ...
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