FS Sustainability

Podcast: The climate capital Australia can't afford to lose

THE GREENER WAY   Why are Australia's largest investors struggling to deploy more climate capital locally, and what needs to change to attract the investment required for the country's net-zero transition?

Physical climate risk gap needs investor scrutiny: IGCC

RIDDHIMA TALWANI   The gap between the physical climate risks projected for the Australian economy and what companies are reporting about their own exposure deserves a closer scrutiny from investors, the Investor Group on Climate Change (IGCC) said.

EU proposes sustainability labels for data centres

RIDDHIMA TALWANI   The European Commission is proposing a common rating scheme for data centres to increase transparency on their energy use and supporting their sustainable integration into Europe's energy system.

ASIC sues former Super Retail chief over alleged governance failures

RIDDHIMA TALWANI   ASIC has sued former Super Retail Group chief executive Anthony Heraghty, alleging he breached his directors' duties and misled the board and the market.

FSU calls for universal PPL

ELIZA BAVIN   The Finance Sector Union is calling for universal paid parental leave allowing all parents equal access to parental leave regardless of their caring role with full wage replacement.

Aware Super, Birdwood power up Victoria

VINNY VUCAGO   Aware Super, Birdwood and Victoria's government renewable energy company SEC will deliver a 400MW battery energy storage project in Wodonga, as the state prepares for the retirement of coal-fired generation.

ARENA launches $30m startup fund

VINNY VUCAGO   The Australian Renewable Energy Agency (ARENA) has launched a new $30 million funding program to help early-stage technologies from development towards commercialisation.

Government grants $10m to First Nations clean energy projects

RIDDHIMA TALWANI   The government has opened a grant of up to $10 million to help First Nations organisations advance their clean energy projects.

Mining, property fuel Aussie billionaires' wealth: Report

KARREN VERGARA   Australian billionaires' riches are highly concentrated in mining, financial services, technology and property, accounting for 0.7% of the total US$15.1 trillion in global wealth studied by the 2026 Billionaire Census.

ACSI, CEW push ASX to lift boards' gender targets

VINNY VUCAGO   The peak body for superannuation investors and a women's advocacy group are calling on the ASX to set a 40:40:20 objective for gender diversity in the next edition of its Corporate Governance Principles and Recommendations.

ESG money goes passive as active funds fight for scale

RIDDHIMA TALWANI   While low-cost responsible passive funds continue to see the majority of fund flows, active strategies, however, are fragmented between winners and losers, with some funds folding due to lack of scale.

UK's Nest awards Wellington £3.5bn EM mandate

RIDDHIMA TALWANI   UK pension fund Nest has handed a £3.5 billion ($6.7bn) mandate to Wellington Management to manage its emerging markets equity strategy, strengthening ESG risk evaluation and stewardship.

HSBC appoints APAC family, philanthropy lead

MATTHEW WAI   HSBC Private Bank has appointed a regional head of family and philanthropy advisory Asia Pacific, effective September 29, joining from UBS.

Australian Ethical chair to step down in 2027

MATTHEW WAI   Australian Ethical Investment chair Steve Gibbs has decided to retire from the board at the end of the financial year, putting an end to his 14-year tenure.