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Showing 1 - 10 of 84 results for "taxonomy"

RIAA: Green bonds broaden investor appeal

MICHELLE BALTAZAR  |  THURSDAY, 18 APR 2024  |  NEWS
... Management. "Bond issuers must provide exhaustive use-of-proceeds information, demonstrating how they align with the EU taxonomy. Details of how the investment will help the sustainable transition are also required to prevent green investments from being ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... benchmark for green residential building criteria. The framework will be replaced by the national sustainable finance taxonomy once finalised at the end of 2024. A Westpac spokesperson commented: "The Australian Sustainable Finance Taxonomy is a critical ...

Major indices provide ESG clarity

ROSE MARY PETRASS  |  TUESDAY, 12 MAR 2024  |  NEWS
... finance investment framework. The sector-specific framework, first introduced in 2020 and updated in 2024, lays out EU taxonomy-aligned methodologies and procedures for classifying transactions, financial products, and services, as "sustainable". In ...

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... Institute (ASFI) told FS Sustainability it will include human rights in its development of its Australian sustainable finance taxonomy. Environmental and social considerations are developed through the lens of "Do No Significant Harm" (DNSH) and Minimum ...

Upward trends continue despite ESG backlash

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... several regulators in Asia signalling support. Singapore has launched Asia's world's first multi-sector transition taxonomy to clarify green, transition and ineligible activities and steer capital towards sustainability solutions.

Aussie investors prepare for new EU rules

ROSE MARY PETRASS  |  WEDNESDAY, 7 FEB 2024  |  NEWS
... see multiple significant regulatory changes affecting financiers who engage with European markets. From January, new EU Taxonomy rules, International Sustainability Standards Board (ISSB) disclosure standards, and International Financial Reporting Standards ...

Australia climbs quickly on climate policy development

ROSE MARY PETRASS  |  MONDAY, 5 FEB 2024  |  NEWS
... offshore wind development. The government announced it will co-fund the development of an Australian sustainable finance taxonomy, committed to women's economic empowerment in the climate transition, and mandated that the Australian Prudential Regulation ...

Podcast: Banking on the future with Australia's green bank

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... financing across priority sectors and market segments, contributing to the development phase of the sustainable finance taxonomy, and contributing to the development phase of energy assessment tools (such as NatHERS In-Homes) for financial product applicability ...

Top 10 most-read articles of 2023

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... failed to manage the material risks of climate change and biodiversity loss. #2: Government to fund sustainable finance taxonomy development April: Treasurer Jim Chalmers announced the government would co-fund the initial development phase of an Australian ...

ESG in 2024: key trends and legislative changes for the year ahead

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... standards become effective from January 1, 2024, and IFRS S1 and S2 will also be effective for annual reporting. The EU Taxonomy regulation comes into force, requiring large financial institutions to disclose taxonomy-eligible and aligned activities ...
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