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Showing 21 - 30 of 914 results for "disclosure"

Legal loophole fail: compliance won't dodge risk

ROSE MARY PETRASS  |  THURSDAY, 21 MAR 2024  |  NEWS
HESTA and BHP are set to pilot a new First Nations-led plan under development for the private sector, as the group behind the scheme works with Canberra to update cultural heritage laws. Investors face financial, legal and reputational risk if they ...

Big super's plan on fossil fuel return

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
While the country's top 30 super funds have lower stakes in Woodside and Santos, they continue to engage with the resource companies while prioritising returns for members. Compared with two years prior, the two energy giants have a larger share ...

More calls for adaptation

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
... This requires ongoing engagement with the finance sector, McAllister said. The government is also developing climate disclosure requirements, slated for rollout as early as July this year. Climate-related reporting will become mandatory for large entities ...

Climate group exodus unlikely to hinder climate action: IGCC

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... leaving. This comes as the US Securities and Exchange Commission (SEC) on Wednesday voted 3-2 in favour of climate disclosure, excluding Scope 3 emissions, in an outcome labelled as "bare minimum". JP Morgan, Citi, Bank of America, and Wells Fargo have ...

Directors sweat on climate: AICD

ROSE MARY PETRASS  |  TUESDAY, 5 MAR 2024  |  NEWS
Aussie directors are feeling the heat on climate risk and regulatory pressure, while preparation for mandatory climate reporting is a mixed bag. The majority (80%) of Australian directors are concerned about climate-related risks. Of those who reported ...

ASX 200 lacks sourcing transparency

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... reporting on the sustainability of their economic, social and environmental sourcing practices, the Sustainable Procurement Disclosure Index (SPDI) reveals. The new index from RMIT University assessed 32 standards across governance, economic, social ...

Upward trends continue despite ESG backlash

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... or ESG investment. Outside of the US, sustainable finance regulation is booming. In Europe, the Sustainable Finance Disclosure Regulation (SFDR) framework has been effective at providing transparency to the market by classifying products based on their ...

Business calls for 12-month climate reporting delay

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
... pertaining to climate are increasingly important for investors and a high-quality robust climate related financial disclosure reporting framework will be critical for future investments." Making valid comparisons across different corporations in different ...

Defunct fund pays greenwashing fine

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 FEB 2024  |  NEWS
... 2023, Melbourne Securities, as trustee and responsible entity of the Bloom Fund, made statements in the fund's product disclosure statement (PDS) that said the fund would seek to avoid the investment of the fund's assets in a range of excluded activities ...

Investors scrutinise Australia-first gender pay gap data

ROSE MARY PETRASS  |  TUESDAY, 27 FEB 2024  |  NEWS
... further impact on company performance. The firm, which is comprised of 58% female staff, has been tracking gender pay gap disclosure in the ASX300 since June 2021, and their data indicates a regression. "There has been no progress in companies targeting ...