FS Sustainability

UniSuper defends APA stake amid member backlash

ROSE MARY PETRASS   The super fund has addressed concerns over its investments in listed energy infrastructure group APA following member backlash.

Clean energy approvals increase

ROSE MARY PETRASS   Total added renewable energy capacity could jump by 50% by the end of the year, according to a new report.

Regulators to clamp down harder on greenwashing

ANDREW MCKEAN   Regulators are zeroing in on anti-greenwashing measures in the asset management sector, as well as tighter regulations on artificial intelligence (AI) and digital technology, according to a KPMG report.

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON   Vanguard will pay a $12.9 million fine after being found guilty of greenwashing earlier this year. It marks the largest penalty ever imposed by the Federal Court for such conduct.

Podcast: Maintaining competitive advantage in an age of climate transparency with Duncan Paterson

ROSE MARY PETRASS   How can we ensure that climate reporting goes beyond a mere compliance exercise and provides investors and stakeholders with genuinely useful and actionable information?

Exec pay lands listed firms in hot water

MICHELLE BALTAZAR   Seven ASX300 companies were hit with shareholder backlash over their executive remuneration schemes in the first half of the year, with more 'strikes' likely as the AGM season continues.

NZ investors to buoy positive impact funds, fears greenwashing

MICHELLE BALTAZAR   Positive impact fund managers should direct their efforts towards the New Zealand market after an investor survey last month found three in four New Zealanders want to invest in positive impact strategies.

Olympics flame sparks $10bn pledge to sports equality

ROSE MARY PETRASS   International development banks pledge $10 billion to promote the United Nations' Sustainable Development Goals (SDGs) in sports.

Equality backslides for first time

ROSE MARY PETRASS   The social equivalent of the TCFD has officially launched with support from Europe's standards-setter and UNDP to help corporates track social impact, as rising inequality reverses 20 years of progress.

Rural slavery risk raises ESG alarm

ROSE MARY PETRASS   Investors in rural industries may face reputational and legal risk, as a new report warns 16,400 people are trapped in modern slavery in NSW.

Nanuk fund lists as currency hedged ETF

KARREN VERGARA  |    9:45AM   The fund invests in companies that are likely to benefit from or contribute to improving global environmental sustainability and resource efficiency.

AXA IM battles poor data on road to net zero

ROSE MARY PETRASS   Despite acknowledging data accuracy uncertainties, AXA Investment Managers (AXA IM) says its interim targets are on track and it will reach net zero by 2050.

Green jobs: Impactable, Ortec, Goldman Sachs, Compliance

ROSE MARY PETRASS  |    11:36AM   Impactable Investment Group has scooped Raj Gohil, Macquarie Asset Management's ex senior director of strategic initiatives.

Misleading ads rampant for sustainability jobs

MICHELLE BALTAZAR   Beware of sustainability jobs promoted as managerial roles when they are broadly accounting roles by another name, warns a recruiter.