Carbon credit review falls short on CO2 capture and slavery

ROSE MARY PETRASS  |  MONDAY, 27 NOV 2023  |  NEWS
An independent review to be released next month will inform how Canberra moves forward amid criticisms of its Australian Carbon Credit Unit (ACCU) scheme. Ahead of release, FS Sustainability has learnt the recommendations won't address modern slavery ...

Treasury proposes merger of accounting, audit bodies

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023  |  NEWS
Canberra has proposed merging the three financial reporting bodies to make them "more efficient, effective and fit for purpose".

Workplace conduct a financial risk: Fidelity International

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
Workplace misconduct is a material financial risk to business and investors, according to new research from Fidelity International.

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
ASIC has identified sustainable finance governance and greenwashing as one of three key focus areas for action in 2024.

Corporate net zero plans at odds with anti-climate lobbying

ROSE MARY PETRASS  |  MONDAY, 20 NOV 2023  |  NEWS
Despite widespread corporate commitments to net zero, a significant proportion of global companies engage in lobbying that contradicts their stated environmental goals.

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
Corporate directors have an obligation to consider nature-related risk in much the same way as other financial risks, according to a new legal opinion.

Preparing for COP28: nature and climate integration

ROSE MARY PETRASS  |  TUESDAY, 14 NOV 2023  |  NEWS
As the world gears up for COP28, practitioners are preparing for a significant shift towards the integration of nature and climate in reporting.

Treasury spruiks CEFC role in sustainable finance strategy

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
Treasury has proposed that the Clean Energy Finance Corporation (CEFC) take a key role in delivering discounted financing to priority sectors.

ASIC considering wider lens for greenwashing focus

RACHEL ALEMBAKIS  |  THURSDAY, 9 NOV 2023  |  NEWS
ASIC's greenwashing focus is likely to expand to cver net zero statements, use of terms like "carbon neutral" and investment exclusions and screens.

ANZ in court over climate and nature risk failure

ROSE MARY PETRASS  |  THURSDAY, 9 NOV 2023  |  NEWS
An ANZ shareholder is taking the bank to court over allegations that it has failed to manage the material risks of climate change and biodiversity loss.