Search Results

Showing 1 - 10 of 663 results for %22Financial Standard%22

Historic data stymies climate risk pricing

ROSE MARY PETRASS  |  WEDNESDAY, 27 MAR 2024  |  NEWS
... specialist global asset manager says. Asset managers increasingly understand their important role in understanding the financial risks and opportunities posed by climate change and manage these risks in the best interests of their clients and fund members. ...

Fund managers "eagerly" await green Treasury bond

ROSE MARY PETRASS  |  MONDAY, 25 MAR 2024  |  NEWS
... 2034 green Treasury bond. The green bonds are set to be issued between April and June 2024 by the Australian Office of Financial Management (AOFM) on behalf of the Australian government. The bond will mature in June 2034. The institutions will lead an ...

Legal loophole fail: compliance won't dodge risk

ROSE MARY PETRASS  |  THURSDAY, 21 MAR 2024  |  NEWS
... private sector, as the group behind the scheme works with Canberra to update cultural heritage laws. Investors face financial, legal and reputational risk if they fail to navigate due diligence, disclosures, engagement, and stewardship expectations appropriately. ...

AI poses serious governance risk

MICHELLE BALTAZAR  |  FRIDAY, 15 MAR 2024  |  NEWS
... trumping even climate - independent economic consultant and Climate Council councillor Nicki Hutley said at the Financial Standard annual Chief Economists Forum in February.

Canberra targets natural disaster insurance gap

ROSE MARY PETRASS  |  WEDNESDAY, 13 MAR 2024  |  NEWS
... 2024 inquiry into insurer responses to the 2022 floods. There were 27,924 complaints about insurance to the Australian Financial Complaints Authority (AFCA) - roughly a third of all insurance claims - following the 2022 floods which peaked at 23 metres ...

Mind the gap: Women in ESG may earn more than broader finance

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
While the latest pay gap data shows the gender pay gap in financial services sits at 26%, parity in ESG roles may be closer than it appears at first glance. Australian gender pay gap data was made publicly available for the first time last week for ...

ASX 200 lacks sourcing transparency

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... rating system to rank how many GRI standards a company reports on, and how comprehensively. Assessed sectors include financial services, energy, healthcare, IT, real estate, and consumer discretionary and staples. Of those, 11% received 5 stars, 36% ...

Upward trends continue despite ESG backlash

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... the anti-ESG movement have a "poor understanding of what sustainable investing is" - as sustainability factors have financial consequences for companies and that ignoring them would therefore be leading to breaching the fiduciary duties. "We believe ...

Business calls for 12-month climate reporting delay

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... Sustainability understands that Treasury will be introducing legislation on climate reporting in the near future. Climate-related financial disclosures are set to become mandatory for large entities from July 2024, with smaller businesses to follow in ...

ISSB publishes jurisdictional guide, seeks experts

ROSE MARY PETRASS  |  MONDAY, 26 FEB 2024  |  NEWS
... jurisdictional adoption of standards, as it searches for 150 experts to provide technical input on sustainability disclosures in financial reports. This comes as around 1000 companies, investors, regulators and stakeholders convened at the International ...
PREVIOUS
NEXT