FS Sustainability

Investors continue to dump Climate Active certifications

JAMIE WILLIAMSON   IFM Investors and Insignia Financial have confirmed their exit from the government's Climate Active scheme.

Silva Capital to capture 460k tonnes of carbon with first plantings

MATTHEW WAI   Silva Capital completed first plantings on one of the Silva Carbon Origination Fund's seed assets in Queensland, forecasted to capture an approximately 460,000 tonnes of carbon over the next 25 years.

Investors called on to help end modern slavery

ELIZA BAVIN   Australia's anti-slavery commissioner Chris Evans has told the superannuation industry more needs to be done to combat modern slavery.

Board cyber security oversight 'endangers' firms

KARREN VERGARA   Boards that continue to overlook their cyber security priorities at a time when regulators are turning up the heat on cyber resilience can end up "endangering" their organisations and put shareholder value at risk, according to Athena Board.

Link between remuneration and sustainability grows: KPMG

JAMIE WILLIAMSON   Twenty-three of our top 25 listed companies link boardroom pay to sustainability, seeing Australia rank highly among non-EU countries for doing so.

Podcast: Understanding climate reporting

THE GREENER WAY   This episode of The Greener Way discusses the newly implemented climate-related financial disclosure standards in Australia with Nicholas Guest, co-lead of HLB Mann Judd's Sustainability Steering Committee.

NAB Foundation launches Impact Investing Fund

JAMIE WILLIAMSON   The NAB Foundation created a $50 million impact fund to invest in areas that align to the bank's sustainability priorities, like Indigenous economic advancement, social and affordable housing, and the climate transition.

Impact investing needs instos to scale: Experts

KARREN VERGARA   While it has gained momentum in the last 15 years, impact investing still requires major backing from institutional investors and governments for it to scale and become a formidable force, the first day of the Impact Investment Summit Asia Pacific heard this morning.

Trump presidency pushes Aussies to ethical super fund

JAMIE WILLIAMSON   The inauguration of President Donald Trump in the US and the heightened volatility and uncertainty that has followed has been a boon for Future Super, the fund says.

Westpac launches social term deposit

ELIZA BAVIN   The major bank has launched Australia's first Social Tailored Deposit, designed for those seeking investments focused on delivering improved social outcomes.

Developing climate risks facing institutional investors

ELIZA BAVIN   As the world gets warmer, new risks are facing institutional investors, according to an updated climate scenarios report from Ortec Financial.

PE left 3bn tonnes of emissions: Emmi

KARREN VERGARA   Emmi estimates that the private equity sector has left three billion tonnes of carbon footprint, but more precise figures are difficult to obtain in the opaque asset class.

Green moves: Alphinity, Australian Ethical, Climate Change Authority

ELIZABETH FRY   Westpac's former chief sustainability officer is now at Alphinity Investment Management, while the Climate Change Authority has a new member. Australian Ethical also has a new board director.

Green moves: Australian Ethical, HOPE Housing, IGCC

ELIZABETH FRY   Australian Ethical nabs ESG specialist from ANZ, while a former chief executive of Aware Super joins a NSW social impact fund and IGCC's policy and advocacy lead is leaving.