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Directors welcome new climate reporting regime

ROSE MARY PETRASS  |  THURSDAY, 28 MAR 2024  |  NEWS
... follow in 2027-2028. Investors, including super funds, have been calling for greater disclosure in order to make better-informed investment decisions around climate risk - but some companies pushed back, citing fears around greenwashing litigation if ...

Legal loophole fail: compliance won't dodge risk

ROSE MARY PETRASS  |  THURSDAY, 21 MAR 2024  |  NEWS
... responsibility to protect Australia's Indigenous cultural heritage for future generations and uphold free, prior, and informed consent (FPIC) - a right enshrined in the UN Declaration on the Rights of Indigenous Peoples (UNDRIP) alongside the right to ...

Members beef up ESG checks

ROSE MARY PETRASS  |  TUESDAY, 19 MAR 2024  |  NEWS
... independent verification plays in helping ensure investments truly align with responsible practices, allowing investors to make informed choices and contribute to a sustainable future." Australian Ethical chief customer officer Maria Loyez commented ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... project-related finance transactions has not changed." The firm told FS Sustainability its policies will continue to be informed by the Equator Principles, alongside the World Bank and the International Finance Corporation. FS Sustainability reached ...

Carbon trading roundup: Verra, REDD+, BetaCarbon

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... organization Wildlife Alliance (WA). Human Rights Watch alleges that the REDD+ project violated the free, prior, and informed consent (FPIC) rights of Indigenous people, conducting activities for 31 months without consulting Indigenous people living ...

Business calls for 12-month climate reporting delay

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... obligations and the legal exposures that come with it under the Corporations Act, he added. "Investors need to be able to make informed decisions, risks and opportunities pertaining to climate are increasingly important for investors and a high-quality ...

ISSB publishes jurisdictional guide, seeks experts

ROSE MARY PETRASS  |  MONDAY, 26 FEB 2024  |  NEWS
... sustainability standards. Fiona Basset, CEO of FTSE Russell, said the work of the ISSB will help financiers make better informed decisions to allocate capital. "Markets need comparable, investment-grade data on sustainability to better integrate financially ...

Dramatic spike in votes against ASX remuneration: Georgeson

RACHEL ALEMBAKIS  |  MONDAY, 12 FEB 2024  |  NEWS
... standards, prepare for robust data collection, due diligence and reporting processes and ensuring that boards are well informed about legislative changes, investors' expectations, and how climate change strategy is embedded in the business strategy. ...

Investors push for nature in climate plans

ROSE MARY PETRASS  |  TUESDAY, 6 FEB 2024  |  NEWS
... financial institutions with $14 trillion AUM. Investors anticipate that TNFD disclosures will provide essential data to make informed decisions, ensuring that transition plans are science-based, consider capital requirements, engage communities, and ...

Nature-related disclosures underway

ROSE MARY PETRASS  |  THURSDAY, 1 FEB 2024  |  NEWS
... co-CEO Estelle Parker said: "Widespread reporting against the TNFD framework will improve investors' ability to make informed decisions about how prepared companies are for the nature transition." Sonya Likhtman, associate director of engagement, EOS ...
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