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Showing 1 - 10 of 11 results for "safe harbour"

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... funds, including appropriate transition arrangements." As previously covered, the government would introduce a 3-year safe harbour period for Scope 3 emissions and "certain climate-related forward-looking statements" for reports issued between July 2025 ...

ISSB standards do not introduce increased risk for investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 FEB 2023  |  NEWS
... accounting standards will not bring increased liability risks for company directors and directors should not need a "safe harbour" provision, according to a new legal opinion. The Australian Council of Superannuation Investors (ACSI), Investor Group ...

ISSB to require Scope 3 emissions disclosure

RACHEL ALEMBAKIS  |  MONDAY, 24 OCT 2022  |  NEWS
... meeting" and could include giving companies more time to provide Scope 3 disclosures and working with jurisdictions on safe harbour provisions, ISSB said. Scope 1 covers direct emissions from a company, Scope 2 covers indirect emissions from electricity ...

BlackRock presses case for better ESG disclosures for investors

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2016  |  NEWS
... developing a common lexicon. d.Providing guidance that recognises the need to tailor reporting to industries. 2.Establish safe harbour provisions that ensure companies who initiate ESG factor reporting do not face retrospective litigation. 3.Ensure regulation ...

ACSI lists ASX sustainability reporting leaders, laggards

RACHEL ALEMBAKIS  |  FRIDAY, 4 JUL 2014  |  NEWS
... Reporting Council's integrated reporting framework - namely, calls from corporate directors and industry bodies for a safe harbour provision for corporate directors. For example, Chartered Secretaries Australia (CSA) has called for a safe harbour provision ...

NAB, bankmecu, Stockland on Integrated Reporting framework

RACHEL ALEMBAKIS  |  FRIDAY, 20 DEC 2013  |  NEWS
... regarding corporate directors' liability in making forward-looking statements. There are concerns that without a safe harbour provision to permit forward-looking statements, corporate directors could be exposed to a potential class action lawsuit if ...

Integrated Reporting framework launched

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2013  |  NEWS
... how is it going to support integrated thinking at the top level of the business?" There are concerns that without a safe harbour provision to permit forward-looking statements, corporate directors could be exposed to a potential class action lawsuit ...

GNDI comments on proposed Integrated Reporting framework

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 SEP 2013  |  NEWS
... increase in directors' liability in IR-related disclosures, combined with the lack of an "internationally harmonised safe harbour for forward looking statements." "Before any integrated reporting framework can be agreed to, the IIRC must identify the ...

IIRC CEO favours market-led adoption of Integrated Reporting

RACHEL ALEMBAKIS  |  FRIDAY, 31 MAY 2013  |  NEWS
... better communication." Previously, Chartered Secretaries Australia has told The Sustainability Report that without a safe harbour provision to permit forward-looking statements, corporate directors could be exposed to a potential class action lawsuit ...

CSA calls for "safe harbour" to encourage IR disclosures

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 MAY 2013  |  NEWS
Chartered Secretaries Australia (CSA) has called for a safe harbour provision to allow company directors to make forward-looking statements such those outlined in the Integrated Reporting (IR) framework. Judith Fox, director, policy, Chartered Secretaries ...
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