FS Sustainability

HSBC funds blue carbon projects

RACHEL ALEMBAKIS   HSBC is funding two new blue carbon projects - one relating to the Great Barrier Reef, the other to establish a framework for an investment fund.

Biodiversity risk goes to heart of finance

RACHEL ALEMBAKIS   Biodiversity is a quickly emerging risk and opportunity for investors and companies, but addressing the materiality of ecosystem and dependencies is complex and goes to the heart of finance, according to a panel of experts.

Christian Super, Australian Ethical to explore merger

RACHEL ALEMBAKIS   Christian Super has signed a memorandum of understanding with Australian Ethical for a potential merger, after having been directed by APRA to merge.

ISSB launches draft sustainability disclosure standards

RACHEL ALEMBAKIS   The International Sustainability Standards Board (ISSB) has moved one step closer to the creation of a unified set of sustainability disclosures with the release of two drafts covering general sustainability-related disclosure requirements and specific climate-related disclosure requirements.

"Alarming" lack of capex alignment to 1.5C goals: Climate Action100+

RACHEL ALEMBAKIS   The most carbon intensive companies in the world are not explicitly aligning their future capex plans with long-term greenhouse gas emission targets, Climate Action 100+ has found.

BlueScope steels itself for climate action

RACHEL ALEMBAKIS   When BlueScope Steel announced last year it had set a 2050 net zero target, it was the beginning of a process to embed a decarbonisation strategy in a company in one of the hardest to abate industrial sectors.

Banksia Foundation National Awards highlight sustainable innovation

RACHEL ALEMBAKIS   An organisation that uses wool waste as a sustainable packaging alternative to polystyrene plastic has taken out the Gold Banksia Award at the 33rd annual Banksia National Sustainability Awards.

Apostle Funds Management launches people and planet fund

RACHEL ALEMBAKIS   Apostle Funds Management (AFM) has launched a diversified fund that will seek positive impact in social and environmental areas.

HESTA confirms bid for Ramsay Health Care

ANDREW MCKEAN   Industry super fund HESTA has announced it is part of a consortium led by KKR to acquire Ramsay Health Care.

Calls to strengthen Modern Slavery Act

RACHEL ALEMBAKIS   Australia's Modern Slavery Act is under review for impact and effectiveness, and investors have a role to play in both potentially strengthening the statutory obligations as well as impacting on an issue that is getting worse globally.

Podcast: Integrating ESG in fixed income

RACHEL ALEMBAKIS   In this episode brought to you by MFS Investment Management we discuss what integration of environmental, social and governance-related means for fixed income portfolios.

Ethinvest opens Canberra office with industry heavyweight

RACHEL ALEMBAKIS   Ethical investment advisory firm Ethinvest has a new office in Canberra as adviser Dave Rae joins the firm.

Redpoint poaches PMs from ART

RACHEL ALEMBAKIS   Redpoint Investment Management has poached from Australian Retirement Trust (ART) to augment its impact investing capability.

Australian Ethical names heavyweights to investment committee

RACHEL ALEMBAKIS   Australian Ethical has made three senior hires for its investment committee.