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Showing 1 - 10 of 278 results for "mandate"

Investors back climate disclosure mandate

ROSE MARY PETRASS  |  WEDNESDAY, 24 APR 2024  |  NEWS
... Australia's most influential finance groups overseeing $80 trillion have joined up in support for Canberra's proposed law to mandate climate disclosures. The Treasury Law Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 also lays ...

ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN  |  MONDAY, 22 APR 2024  |  NEWS
Industry Super Property Trust (ISPT) has issued a $1.5 billion sustainably linked syndicated term loan that is reportedly one of the largest for any Australia real estate fund manager. The facility is evenly split across five and seven-year tenors and ...

Rest teams up with Fidelity to launch new fund

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024  |  NEWS
... Fund, specialist private equity firm ARCHIMED, agriculture-centered Cibus II Fund and an international listed equities mandate with global investment manager Ninety One.

Experts issue warning over AI washing

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024  |  NEWS
Artificial intelligence (AI) is perhaps the most transformative technology since the advent of the internet, poised to herald an unprecedented digital economic revolution. To appear at the precipice of the movement, some are employing deceptive tactics ...

Super battle on impact investing and returns

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... already integrated impact investment into their firm's strategy. From 2015 to 2023the first major impact investing mandate from a major superannuation fund in Australia saw a $91M investment pool facilitating multiple social impact transactions ...

Canberra targets natural disaster insurance gap

ROSE MARY PETRASS  |  WEDNESDAY, 13 MAR 2024  |  NEWS
The government will attempt to close the natural hazard insurance protection gap, seeking feedback on the standardisation of terms like "storms" and "fire", as well as reforms to the standard cover regime. The reforms are designed to cut insurance costs ...

Directors sweat on climate: AICD

ROSE MARY PETRASS  |  TUESDAY, 5 MAR 2024  |  NEWS
... more board attention, and 45% are confident in their board's competence on the topic of climate. With Australia set to mandate climate-related financial disclosures for large entities from July 2024, and smaller entities from 2027-2028, directors are ...

Tracking nature: finance lags on biodiversity

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
Major financial intuitions and companies are falling behind on global deforestation, as the EU enacts a new law to protect and restore nature. 75% of the Earth's land surface has been significantly altered by human activities, according to the UN Environment ...

Defunct fund pays greenwashing fine

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 FEB 2024  |  NEWS
... relation to tackling climate change. MSC maintains that all investments by the fund were consistent with this objective and mandate." According to its website, Bloom "eliminated" potential investments in fossil fuels, saying "our 'Climate Solutions' ...

AXA IM warns companies on climate lobbying

ROSE MARY PETRASS  |  THURSDAY, 22 FEB 2024  |  NEWS
... with the urgent need for effective policy intervention to enable a just and orderly transition." It has also issued a mandate for fairer compensation structures, warning companies it will take the cost of living, as well as wider workforce pay, into ...
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