FS Sustainability

CSIRO launches National Energy Analysis Centre

JAMIE WILLIAMSON   The CSIRO says the new research function will support, accelerate and de-risk Australia's energy transition.

UK ditches sustainable finance taxonomy

KARREN VERGARA   The UK government has abandoned the Green Taxonomy as it believes it "would not be the most effective tool to deliver the green transition" and should not be part of the sustainable finance framework.

Gender diversity, overboarding top of mind for instos: Georgeson

KARREN VERGARA   The lack of gender diversity, independence and 'overboarding,' are some of the top reasons why institutional investors voted against directors, according to Georgeson, after analysing trends in the latest mini-AGM season.

Former board member kickstarts crowdfunding for CalPERS probe

KARREN VERGARA   A former California Public Employees' Retirement System (CalPERS) board member is seeking to launch an independent investigation into the pension fund for alleged mismanagement and misconduct and hopes to raise the funds to do so via GoFundMe.

HSBC ditches global climate alliance initiative

MATTHEW WAI   Continuing the mass exodus, HSBC has now made its exit from the Net Zero Banking Alliance (NZBA).

ISS STOXX launches Sovereign Climate Impact Report

MATTHEW WAI   ISS STOXX's sustainable investment arm, ISS Sustainability Solutions, has released a new sovereign climate report focusing on sovereign climate impact.

Funding lifts for climate, health, people startups

KARREN VERGARA   While funding for impact startups has broadly declined, those operating in climate, health and people has seen funding levels improve compared to three years ago, according to the Impact Startups Benchmark Report 2025.

Landmark greenwashing case against Energy Australia comes to an end

JAMIE WILLIAMSON   A landmark greenwashing case against Energy Australia was discontinued this week after the provider reportedly reached a settlement with Parents for Climate.

HESTA progresses gender diversity targets

JAMIE WILLIAMSON   HESTA is doubling down on its commitment to working with more gender diverse investment teams, saying that as of this year it no longer works with any all-male external managers.

Australia ranks 13th on gender parity

JAMIE WILLIAMSON   The World Economic Forum's Global Gender Gap Report 2025 shows Australia's gender parity has improved markedly in the past 12 months.

Super performance test impacts green investing: ASFA

ELIZA BAVIN   The peak super body has called for the government to adjust some elements of the superannuation performance test to encourage more investment to Australia's energy transition.

Munro decarbonisation fund tops ESG performance

KARREN VERGARA   Managed funds topped the ESG category in Rainmaker Information's latest leagues table, with Munro Partners' decarbonisation-focused fund outperforming its peers.

Green moves: Perpetual, Accounting for Nature

ELIZABETH FRY   Perpetual Wealth Management has a new responsible investment expert on board, while Accounting for Nature has added to its board.

Rio Tinto names chief executive

JAMIE WILLIAMSON   Simon Trott will lead Rio Tinto from 25 August 2025, replacing Jakob Stausholm.