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Showing 51 - 60 of 914 results for "disclosure"

China relaunches offsets market, releases biodiversity framework

ROSE MARY PETRASS  |  THURSDAY, 25 JAN 2024  |  NEWS
... management of biological resources. The Taskforce on Nature-related Financial Disclosures (TNFD) is a risk management and disclosure framework that organisations can use to uncover their impacts and dependencies on the ecosystems in which they operate. ...

BlackRock admits stakeholder pressure on ESG a risk

ROSE MARY PETRASS  |  THURSDAY, 18 JAN 2024  |  NEWS
... profitability due to stakeholder pressure on ESG matters, the firm declined to comment. When asked whether the new risk disclosure signals a shift in the firm's ESG approach, BlackRock declined to comment. BlackRock has previously disclosed ESG risk ...

BNP Paribas updates sustainability strategy

ROSE MARY PETRASS  |  TUESDAY, 16 JAN 2024  |  NEWS
... commitment. The firm has now classified most of its European-domiciled open-ended funds under the Sustainable Finance Disclosure Regulation (SFDR). As of June 2023, 90% of assets under management were classified as Article 8 or 9 under the SFDR. Article ...

A rising tide for blue bond investment: T. Rowe Price

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
Although the current market for blue bonds is "nascent", the potential demand for bonds whose use of proceeds fund ocean-friendly and clean water projects could grow rapidly in tandem with the increased investor and corporate focus on biodiversity ...

Investors "flying blind" to climate litigation risk

ROSE MARY PETRASS  |  MONDAY, 15 JAN 2024  |  NEWS
... damage and could raise borrowing costs and force policy changes such as subsidy or emission reductions, or enhanced disclosure requirements. "Financial risk is the dominant frame through which investors and regulators engage with climate change. But ...

Treasury publishes climate disclosure legislation

RACHEL ALEMBAKIS  |  MONDAY, 15 JAN 2024  |  NEWS
... reporting legislation proposed by government. Treasury released the exposure draft of legislation that would make financial disclosure of climate risk and opportunity mandatory in Australia using the Australian Accounting Standards Board (AASB)'s ...

Report reveals progress on green finance

ROSE MARY PETRASS  |  WEDNESDAY, 10 JAN 2024  |  NEWS
... climate transition plans. For example, France's central bank incorporates biodiversity indicators into its own portfolio disclosure. Singapore, the European Union, the UK, Switzerland, Canada, and the US are now requiring financial institutions and companies ...

Built industry bodies call for green innovation policy

RACHEL ALEMBAKIS  |  MONDAY, 8 JAN 2024  |  NEWS
... and electrification retrofits for existing homes, minimum performance standards for rental properties and mandatory disclosure of energy efficiency at the point of sale. In addition to the potential savings of electrifying the built environment, energy ...

Top 10 most-read articles of 2023

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... previously fined two more entities over alleged false or misleading statements. #6: AASB publishes climate-related disclosure standards draft October: Australian Sustainability Reporting Standards (ASRS) will first focus on climate-related financial ...

ESG in 2024: key trends and legislative changes for the year ahead

ROSE MARY PETRASS  |  THURSDAY, 28 DEC 2023  |  NEWS
... will have to apply the new rules for the first time in the financial year 2024 for reports published in 2025. ISSB disclosure standards become effective from January 1, 2024, and IFRS S1 and S2 will also be effective for annual reporting. The EU Taxonomy ...