Editor's Choice

PRI appoints RI ecosystem officers

RACHEL ALEMBAKIS
The PRI has hired a chief RI ecosystems officer for the Americas and APAC and promoted another to a similar role covering the UK, Europe and India, Middle East and Africa.

ISSB publishes jurisdictional guide, seeks experts

ROSE MARY PETRASS
The International Sustainability Standards Board (ISSB) has published a guide to support jurisdictional adoption of standards, as it searches for 150 experts to provide technical input on sustainability disclosures in financial reports.

Personal views influence climate decision-making

ROSE MARY PETRASS
Australian and Asia Pacific financiers see reputational risk as a greater concern than the social and environmental impacts of the companies in which they invest.

Aware and Macquarie partner on green finance

ROSE MARY PETRASS
Aware Super has inked a US$50 million deal to buy a speciality infrastructure finance company alongside Macquarie Asset Management's (MAM) Green Investment Group (GIG).

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.

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.

Greenwashing remains a priority: ASIC

MICHELLE BALTAZAR   The call to stamp greenwashing at the root may have the potentially unintended consequence of stopping big companies from doing a better job at tackling environmental risks, including climate change.

Firms wrestle with ESG data challenges

ROSE MARY PETRASS   Financiers are struggling to cope with new ESG requirements, grappling with data challenges and alignment of sustainability goals with business strategy.

Industry unveils plan to boost female executives

ROSE MARY PETRASS   A new mentor program from Future IM/Pact is making it easier for investment teams to recruit female finance professionals.

Members beef up ESG checks

ROSE MARY PETRASS  |    12:16PM   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.

Super battle on impact investing and returns

ROSE MARY PETRASS   A new campaign urges Australian super funds to finance ESG matters, as asset owners push back against such member demands.

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.

ESG indices linked to Myanmar junta

ROSE MARY PETRASS   Major ESG indices have responded to allegations they listed companies with links to the Myanmar military junta.

Big super's plan on fossil fuel return

ROSE MARY PETRASS   While the country's top 30 super funds have lower stakes in Woodside and Santos, they continue to engage with the resource companies while prioritising returns for members.

Members shouldn't carry energy and housing

MICHELLE BALTAZAR   Fund members want their super funds to focus on risk-adjusted returns, not nation-building rhetoric, said Paul Schroder, chief executive at Australia's largest superfund with A$300 billion AUM.

New Forests appoints first global head of funds

ANDREW MCKEAN   New Forests has named Macquarie Asset Management (MAM) veteran Michelle Elliot as its global head of funds.

Apostle promotes PM to investment lead

ELIZABETH FRY   The ethical and ESG investment specialist has appointed a head of sustainable investment, promoting from within.