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Showing 1 - 10 of 66 results for %22International Accounting Standards Board%22

Business calls for 12-month climate reporting delay

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... users or preparers of disclosures if the new requirements are poorly implemented in Australia and are not aligned to international standards," Black said. "This is an incredibly important reform and the BCA wants to see it in place, however the goal ...

Nature-related disclosures underway

ROSE MARY PETRASS  |  THURSDAY, 1 FEB 2024  |  NEWS
... stock markets which owns 1.5% of all shares of listed companies, and 7 of the 29 globally systemic banks, including international cross-border bank Standard Chartered Bank. Despite reporting being voluntary, there are indications of a broader commitment ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
... provides a framework for doing so. Organisations that provide frameworks for assessing climate risks, including as the International Sustainability Standards Board (ISSB) and The Network for Greening the Financial System (NGFS), fail to substantially ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... legislation that would make financial disclosure of climate risk and opportunity mandatory in Australia using the Australian Accounting Standards Board (AASB)'s SR1 Australian Sustainability Reporting Standards - Disclosure of Climate-related Financial ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... change, with government aiming to legislate mandatory climate disclosures for Australian companies based on the International Sustainability Standards Board (ISSB)'s global reporting framework. Business should not underestimate the task ahead. The ...

Research flags need for comprehensive ESG reporting

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
... factors. He said an absence of a legal mandate for sustainability reporting, coupled with the range of voluntary international reporting frameworks on the market, has led to "a confusing landscape, often referred to as the 'alphabet soup' of ...

Treasury proposes merger of accounting, audit bodies

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
... lack of detail around important issues such as adequate funding and ensuring Australia's alignment to international accounting, audit and sustainability standards setters. "CA ANZ and many other stakeholders have urged the government to establish a focused ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... reporting will incentivise organisations "to make high quality, comparable and useful climate disclosures based on the International Sustainability Standards Board (ISSB) standards" - a significantly greater level of detailed disclosures than current ...

AASB publishes climate-related disclosure standards draft

RACHEL ALEMBAKIS  |  MONDAY, 23 OCT 2023  |  NEWS
... 500 employees, more than $1 billion in assets and more than $500 million in revenue. ASRS 1 and 2 are based on the International Sustainability Standards Board (ISSB), but while the ISSB disclosure standard S1 General Requirements for Sustainability-Related ...

Investing in net zero "makes business sense": Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
... current reporting guidelines like the Task Force on Climate-related Financial Disclosures (TCFD) and the forthcoming International Sustainability Standards Board (ISSB) accounting standards help investors and companies in analysing and disclosing these ...
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