FS Sustainability

Titans promise 24/7 clean energy

ROSE MARY PETRASS   Google, Microsoft, and AstraZeneca are among a list of major multinationals that have promised they will use carbon-free power every hour of every day and feed that power back to the grid.

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.

Carbon price could stall $600bn super loss

ROSE MARY PETRASS   Super funds risk a major financial hit in the next decade if they hesitate on carbon, warns a prominent climate risk analyst.

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.

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.

From Canva to carbon accounting

MICHELLE BALTAZAR   Is green tech Sumday the country's next unicorn? The Tasmanian-based start-up has inked deals with more than 45 accounting groups less than four years after its launch.

Asset owners embrace sustainable investment

ROSE MARY PETRASS   Pension funds, endowments and sovereign wealth funds are increasingly worried about climate change's impact on their investments.

Green jobs: Impactable, Ortec, Goldman Sachs, Compliance

ROSE MARY PETRASS   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.