Editor's Choice

Members beef up ESG checks

ROSE MARY PETRASS
A new report reveals that investors are keener than ever to secure their financial future by investing responsibly and will pull their money if their manager doesn't do so.

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS
Confidence in net zero by 2050 is diminishing, with almost two-thirds of executives now anticipating the world will reach net zero by 2060 or later, up from just over half a year ago.

Minorities to have bigger say under Positive Duty regime: Rio Tinto

MICHELLE BALTAZAR
Sexual harassment claims are more prevalent in mining companies than in any other business sector, but better Positive Duty governance could turn the tide around, especially for minorities, delegates at the ACSI conference heard last Thursday.

New campaign pushes for reproductive leave

JAMIE WILLIAMSON
Calls for a paid reproductive leave scheme are mounting, as Queensland Unions launches a campaign pushing for new entitlements including preventative health leave. It comes as the Senate investigates issues related to menopause and perimenopause.

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS   Confidence in net zero by 2050 is diminishing, with almost two-thirds of executives now anticipating the world will reach net zero by 2060 or later, up from just over half a year ago.

CBA launches green business loan

ROSE MARY PETRASS   Australia's largest lender has rolled out a new financing option for enterprises to fund sustainability projects like renewable energy, energy-efficient upgrades, climate resilience, and nature protection.

Investors fail to vote for climate despite pledges

ROSE MARY PETRASS   Board directors of energy companies continue to be elected with over 95% shareholder support, even when those companies perform poorly against investor expectations.

Three innovations to fix carbon market

ROSE MARY PETRASS   With effective risk management and capital allocation, Australia's carbon market can scale to become the biggest in the world, Westpac and the Carbon Market Institute (CMI) say.

Upskill needed as mandatory reporting looms

ROSE MARY PETRASS   Australian businesses and financiers face significant challenges in reporting on sustainability - a technical skill that is essential to meet climate targets and ensure a smooth and effective transition to net zero.

Borrowers pressured for plans as Scope 3 left in dust

ROSE MARY PETRASS   Almost half (42%) of energy companies on Citi bank's loan book do not have climate transition plans.

Impact investing drops down the list

ROSE MARY PETRASS   New global findings from a US$240 billion asset manager finds that persistent inflation and market volatility has investors' minds focused on returns rather than impact.

Members beef up ESG checks

ROSE MARY PETRASS   A new report reveals that investors are keener than ever to secure their financial future by investing responsibly and will pull their money if their manager doesn't do so.

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN   Rising interest rates and weak disposable income growth have caused housing affordability to drop to its lowest point in decades, according to Queensland Investment Corporation (QIC) senior economists.

DEI winner takes home top prize

ROSE MARY PETRASS   A social enterprise that employs refugee and migrant women has won the National Banksia Award; it's the first time a nomination in the DEI category has taken out the top sustainability prize.

RIAA: Sustainability goes mainstream

ROSE MARY PETRASS   The RIAA Conference Australia 2024 is coming up in May, helping investors navigate the mainstreaming of sustainability, and unveiling pivotal initiatives like the Sustainability Classifications and the Artificial Intelligence and Human Rights Investor Toolkit.

Rest teams up with Fidelity to launch new fund

ELIZA BAVIN   Rest has announced it is further diversifying its industrial property and impact investment allocations by signing on as a cornerstone investor in Fidelity International's Fidelity Real Estate Logistics Climate Impact Fund (LOGICs).

Australian Ethical lead returns to CoreData

ROSE MARY PETRASS   The investment director of one of Australia's premier ethical investment firms has returned to a global market research consultancy after a decade.

MLC Life hires from U Ethical

ELIZABETH FRY   A former U Ethical Investors' ethics and impact manager has landed at MLC Life Insurance as a sustainability manager.