Climate change most pressing issue for APAC C-Suite: Deloitte

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023  |  NEWS
C-suite executives in the APAC region rated climate change as the most pressing issue facing their companies, ahead of seven other choices, ahead of the economic outlook and other challenges.

Hejaz invests in Islamic Bank Australia

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 MAY 2023  |  NEWS
Hejaz Group has bought a $10 million stake in Islamic Bank Australia, a move that will see Hejaz abandon its plan to obtain its own retail banking license.

ISSB to unlock sustainable capital: IFRS exec

RACHEL ALEMBAKIS  |  THURSDAY, 25 MAY 2023  |  NEWS
The forthcoming International Sustainability Standards Board (ISSB) accounting standards will reshape the way businesses report and allow investors to make better decisions to allocate capital to sustainable projects, according to the IFRS Foundation ...

Sustainability is facing a data crisis: new research

ROSE MARY PETRASS  |  THURSDAY, 20 APR 2023  |  NEWS
Inadequate data, fear of greenwashing and economic pressures is stalling progress on sustainability, according to a new study from Google Cloud.

ASX 200 modern slavery disclosure lags

RACHEL ALEMBAKIS  |  TUESDAY, 18 APR 2023  |  NEWS
ASX200 companies are reporting modern slavery risks at a basic level, but only 8% of companies identified a modern slavery incident or allegation in the third year of reporting under the Modern Slavery Act, according to new research from the Australian ...

Hong Kong stock exchange proposes climate disclosures

ROSE MARY PETRASS  |  MONDAY, 17 APR 2023  |  NEWS
The Stock Exchange of Hong Kong has published a consultation paper that proposes enhancement of climate-related disclosures under its environmental, social and governance (ESG) framework.

Karoon Energy aims for net zero 2035 target

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
Oil producer Karoon Energy is implementing strategies in line with its net zero target of 2035 covering Scope 1 and 2 emissions.

Businesses back stronger Modern Slavery Act

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
Australian companies support stronger regulation around modern slavery, including the establishment of a national anti-slavery commissioner and the introduction of financial penalties for inadequate disclosures.

ESG goes mainstream: How the role has changed and what lies ahead

ROSE MARY PETRASS  |  TUESDAY, 4 APR 2023  |  NEWS
ESG practitioners are playing an increasingly crucial role in driving positive social and environmental impact while also ensuring long-term financial returns for businesses and investors. ESG professionals are now responsible not only for embodying ...

Asian companies setting net zero goals, lagging on capital alignment

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
Four Australian companies are amongst the top 50 listed corporate carbon emitters for the entire Asian region, according to research from Barclays.