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Showing 1 - 10 of 56 results for %22Council of Financial Regulators%22

Greenwashing remains a priority: ASIC

MICHELLE BALTAZAR  |  MONDAY, 18 MAR 2024  |  NEWS
... at tackling environmental risks, including climate change. It was a packed room last Thursday at the annual Australian Council of Superannuation Investors (ACSI) conference held at the Sofitel on Collins in Melbourne. More than 380 attendees, mostly ...

Upward trends continue despite ESG backlash

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... products based on their sustainability credentials. The regulation is currently being revised. Last week, the European Council was unable to pass the proposed Corporate Sustainability Due Diligence Directive (CSDDD), which would require companies to ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... will conduct a review of climate disclosure requirements 2028-29. The review will be led by Treasury, working with the Council of Financial Regulators. Consultation for the draft legislation released today is now open and submissions will close 9 February ...

Research flags need for comprehensive ESG reporting

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... the Australian Accounting Standards Board (AASB), the Auditing and Assurance Standards Board and the Financial Reporting Council. Professor Peter Carey, director of the research centre, commented that the insufficient commitment of Australia's leading ...

Treasury launches sustainable finance strategy

RACHEL ALEMBAKIS  |  THURSDAY, 2 NOV 2023  |  NEWS
... the ultimate fate of a sustainable finance taxonomy that is being developed by industry with wide consultation from the Council of Financial Regulators. The strategy suggested that the taxonomy could be embedded into regulatory arrangements either by ...

Corporates to begin adopting final TNFD recommendations

ROSE MARY PETRASS, RACHEL ALEMBAKIS  |  TUESDAY, 19 SEP 2023  |  NEWS
... corporate social responsibility (CSR) issue. It is now squarely a central and strategic risk management issue." Business Council for Sustainable Development Australia CEO Andrew Petersen commented that the framework is going to "help business to be more ...

Successful merger for social and inequality reporting framework

ROSE MARY PETRASS  |  FRIDAY, 1 SEP 2023  |  NEWS
... announced in 2020, while the TSFD was first discussed in 2021. The creation of TISFD is supported by the World Business Council for Sustainable Development (WBCSD), the Council for Inclusive Capitalism (CIC), Shift, and other investor and labour-focused ...

Industy veterans named to sustainable finance taxonomy working group

RACHEL ALEMBAKIS  |  THURSDAY, 10 AUG 2023  |  NEWS
... phase marks an important first step." TTEG will consist of 25 senior leaders that have been endorsed by the Australian Council of Financial Regulators' Climate Working Group. TTEG will provide strategic direction over, input into and endorsement of an ...

Stewardship and greenwashing in spotlight at RI Australia 2023

RACHEL ALEMBAKIS  |  THURSDAY, 4 MAY 2023  |  NEWS
... corporate engagement approach. Stewardship codes have proliferated around the world, and the UK's Financial Reporting Council head of stewardship Claudia Chapman will be an international keynote speaker on the subject. Other topics of discussion will ...

Jones calls for taxonomy to clarify greenwashing

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 MAY 2023  |  NEWS
... regulators will only be able to catch the "most egregious" examples of greenwashing in Australia. Speaking at the Australian Council of Superannuation Investors' annual conference in Sydney, Jones called the forthcoming sustainable finance taxonomy a ...
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