Comprehensive consideration of systemic sustainability risks will require strengthened corporate disclosure requirements, clarifications of investor fiduciary duties, and better frameworks for effective stewardship. See further details below of PRI’s work supporting stronger sustainable finance policy in Australia.
PRI has signed a statement with other stakeholders in Australia to endorse continued bipartisan commitment to the Paris Agreement goals.
The PRI, the Australian Council of Superannuation Investors (ACSI), the Australian Sustainable Finance Institute (ASFI), the Investor Group on Climate Change (IGCC) and the Responsible Investment Association Australasia (RIAA) has finalised a Ways of Working document that sets out strategic and working level mechanisms for coordination, collaboration and work planning ...
The New Zealand External Reporting Board (XRB) consulted on phasing in requirements for companies to disclose and obtain assurance over their Scope 3 greenhouse gas emissions, and to disclose anticipated financial effects of climate risks, by two additional reporting periods.
The PRI welcomes the Government’s commitment to updating the framework of the Modern Slavery Act 2018
Australia: The Commonwealth Treasury consulted on policy design options for a possible sustainable financial product labelling framework
Australia: PRI CEO David Atkin congratulates Anthony Albanese and Jim Chalmers’ appointment as Prime Minister and Treasurer of Australia.
Australia: PRI response to call for feedback by the Australian Sustainable Finance Insitute (ASFI) on the Australian Sustainable Finance Taxonomy