Governance

France "Say on Climate" law scrapped

ROSE MARY PETRASS  |  WEDNESDAY, 11 OCT 2023  |  NEWS
Following pressure from industry groups, France has dropped a mandatory "Say on Climate" resolution from its Green Industry bill just months after the rule was adopted in July.

UK transition plan taskforce releases final disclosure framework

ROSE MARY PETRASS  |  WEDNESDAY, 11 OCT 2023  |  NEWS
The UK government's Transition Plan Taskforce (TPT) has launched a final framework as the UK government considers making transition disclosure mandatory for larger companies.

New EU rules at the border and beyond

ROSE MARY PETRASS  |  TUESDAY, 10 OCT 2023  |  NEWS
Stay ahead of new EU sustainability rules at the border and beyond: World-first European Green Bond standard, EU launches Carbon Border Adjustment Mechanism (CBAM), Corporate Sustainability Reporting Directive (CSRD) slated for 2024.

Mandatory climate reporting challenges directors: AICD

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023  |  NEWS
Companies are grappling with the ramp-up to mandatory climate disclosure, with AICD calling it the "biggest change in corporate reporting in a generation.

Grim stats for company, investor net zero targets

RACHEL ALEMBAKIS  |  THURSDAY, 28 SEP 2023  |  NEWS
Both Australian companies and Australian super funds are unlikely to meet their decarbonization targets, raising new risks for investors and companies.

US regulator slaps US$25m penalty on DWS for greenwashing, AML

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023  |  NEWS
DWS Investment Management's American operations will pay the US Securities and Exchange Commission US$25 million to settle charges stemming from greenwashing claims and failures to develop an Anti-Money Laundering (AML) program for mutual funds it advised.

Kyoto credits cancellation brings tough implications for investors

ROSE MARY PETRASS  |  THURSDAY, 21 SEP 2023  |  NEWS
Last week, the federal government delivered a powerful message to the Australian investment community by cancelling a decade-old stockpile of 700 million Kyoto carbon credits and unveiling new measures to bolster the credibility of the Australian carbon ...

Go digital for ESG, financial reporting: Deloitte

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 SEP 2023  |  NEWS
Shifting to digital reporting and away from paper-based financial disclosure would make ESG data more reliable, transparent and easier on business, according to a report by Deloitte.

Norway's oil fund updates climate demands

ROSE MARY PETRASS  |  WEDNESDAY, 20 SEP 2023  |  NEWS
Norway's $1.4 trillion sovereign wealth fund has updated its expectations to companies it invests in on climate, with demands for companies to move from target setting to transition planning.

MONEYME becomes a B Corp

RACHEL ALEMBAKIS  |  THURSDAY, 7 SEP 2023  |  NEWS
Digital non-bank consumer lender MONEYME has become the third current ASX-listed financial institution to attain B Corp certification.