Editor's Choice

NZ Super updates sustainable investment policy

MATTHEW WAI
The Guardians of NZ Super has published an updated set of Sustainable Investment policy documents, using a new standalone framework to describe the policies, standards and procedures that underpin its sustainable investment activities.

IFM welcomes demand-side push for low carbon liquid fuels

RIDDHIMA TALWANI  |   3:17PM
IFM Investors along with Ampol and GrainCorp have welcomed the government's push to establish a demand-side framework to increase the supply of low carbon liquid fuels (LCLF) in Australia.

Next gen infra is transforming the energy transition: Partners Group

MATTHEW WAI  |   2:29PM
Next generation infrastructure can catalyse support to better align government's climate targets, an expert said.

Equal Pay Day highlights lifetime cost of gender super gap

VINNY VUCAGO  |   2:12PM
Equal Pay Day is highlighting the long-term impact of Australia's gender pay gap, with Australian Retirement Trust (ART) warning lower earnings compound into significant shortfalls in retirement savings.

Environmental

IFM welcomes demand-side push for low carbon liquid fuels

RIDDHIMA TALWANI  |    3:17PM   IFM Investors along with Ampol and GrainCorp have welcomed the government's push to establish a demand-side framework to increase the supply of low carbon liquid fuels (LCLF) in Australia.

Podcast: Leading the battery storage race

THE GREENER WAY   As governments introduce more supportive energy storage policies and Australia's electricity system continues to transition away from coal, what role do batteries play in renewable energy investing, and why are institutional investors paying closer attention to the sector?

Governance

IGCC urges Safeguard Mechanism reforms ahead of review

RIDDHIMA TALWANI  |    1:55PM   The Investor Group on Climate Change (IGCC) is urging further reforms to the Safeguard Mechanism, warning without them the scheme will fail to drive industries to pursue on-site emissions reductions.

Judgment reveals Fiducian's greenwashing brush-off: 'ESG is still a fad'

RIDDHIMA TALWANI   Fiducian Investment Management Services (FIMS) executive chair Conrad Burge shrugged off greenwashing concerns raised by a member of the team in 2021, replying that "ESG is still fad that will in time implode from its own irrationalities".

Corporate Strategy

Underpaid migrants a systemic modern slavery indicator: MJI

RIDDHIMA TALWANI   A report by Migrant Justice Institute (MJI) said underpaid migrant workers point to a more systematic issue, which can lead to practices that are indicators of modern slavery.

Tokenisation can accelerate sustainability objectives: Northern Trust

MATTHEW WAI   Project Acacia identified significant economic growth opportunities with tokenised financial infrastructure in Australia, but the initiative extends further for those that are currently looking for more efficient ways to offset their carbon footprints.

Positive Impact

Minderoo backs early childhood development in WA

RIDDHIMA TALWANI   The Minderoo Foundation, backed by Andrew and Nicola Forrest's private investment group Tattarang, has partnered with the City of Kwinana in Western Australia to transform early childhood development outcomes.

Aware Super introduces reproductive health leave

RIDDHIMA TALWANI   Aware Super has introduced a new reproductive health leave entitlement for employees, offering up to 12 days of paid leave each year to manage reproductive health conditions and related medical treatments.

Social

Equal Pay Day highlights lifetime cost of gender super gap

VINNY VUCAGO  |    2:12PM   Equal Pay Day is highlighting the long-term impact of Australia's gender pay gap, with Australian Retirement Trust (ART) warning lower earnings compound into significant shortfalls in retirement savings.

Wikramanayake exit highlights women leadership pipeline gap: CEW

RIDDHIMA TALWANI   Macquarie chief executive Shemara Wikramanayake's resignation highlights a gap in the economy of not having enough women in the leadership pipeline, Chief Executive Women (CEW) said.

Investment

Next gen infra is transforming the energy transition: Partners Group

MATTHEW WAI  |    2:29PM   Next generation infrastructure can catalyse support to better align government's climate targets, an expert said.

Brookfield, La Caisse acquire Toronto-listed renewable platform

MATTHEW WAI   Brookfield Asset Management, alongside its Brookfield Renewable Partners and La Caisse, the Canadian institutional investor, have completed the acquisition of Boralex, a renewable energy provider across the UK and North America.

Executive Appointments

Capella Capital strengthens energy platform with multi-hires

MATTHEW WAI   Capella Capital has welcomed four new appointments to its energy platform, in a move to strengthen capability across renewable energy development, land acquisition, investment and project delivery.

CEFC names new chief executive

MATTHEW WAI   Clean Energy Finance Corporation chief investment officer of Rewiring the Nation Paul McCartney has been appointed the new chief executive for the group, effective September 18.