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Showing 1 - 10 of 91 results for %22Sustainability Accounting Standards Board%22

Business calls for 12-month climate reporting delay

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... extension to modified liability to class action lawsuits and private litigators, in addition to civil society. FS Sustainability understands that Treasury will be introducing legislation on climate reporting in the near future. Climate-related financial ...

Nature-related disclosures underway

ROSE MARY PETRASS  |  THURSDAY, 1 FEB 2024  |  NEWS
... the data we need to make better decisions and unlock investment opportunities in natural capital," JANA head of sustainability Rachel Halpern commented. "The early adopter list of TNFD includes only 12 Australian organisations... This is not strong participation ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
... 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 differentiate between ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... opportunity mandatory in Australia using the Australian Accounting Standards Board (AASB)'s SR1 Australian Sustainability Reporting Standards - Disclosure of Climate-related Financial Information accounting standard. The legislation would amend the ...

Top 10 most-read articles of 2023

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
As we sing Auld Lang Syne to what was a pivotal year for global sustainability efforts, let's take a look back at the most popular articles of the year - in case you missed any. #1: ANZ in court over climate and nature risk failure November: An ANZ ...

Preparing for mandatory climate reporting: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 14 DEC 2023  |  NEWS
... 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 Australian ...

Research flags need for comprehensive ESG reporting

ROSE MARY PETRASS  |  THURSDAY, 7 DEC 2023  |  NEWS
While most companies report on sustainability frameworks, few conduct independent external assurance, according to new research that also calls for mandatory reporting that goes beyond climate. Researchers at the Deakin Integrated Reporting Centre (DIRC) ...

Treasury proposes merger of accounting, audit bodies

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
... to this announcement. "While it is good to see concerted efforts and focus on implementing important climate and sustainability standards - something we have consistently shown a willingness to work with the Government on - we are disappointed the announcement ...

Fears grow around greenwashing litigation protections

ROSE MARY PETRASS  |  MONDAY, 6 NOV 2023  |  NEWS
... mandatory for large Australian companies from July 2024, with smaller businesses to follow in 2027-2028. As FS Sustainability reported in June, the proposal includes a three-year transitional period with regulator-only action against directors and reporting ...

AASB publishes climate-related disclosure standards draft

RACHEL ALEMBAKIS  |  MONDAY, 23 OCT 2023  |  NEWS
Australian Sustainability Reporting Standards (ASRS) will first focus on climate-related financial reporting, under an exposure draft released by the Australian Accounting Standards Board (AASB). AASB has opened up a 120-day comment period on ASRS 1 ...
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