RACHEL ALEMBAKIS   AXA Investment Managers, BNP Paribas Asset Management, Sycomore Asset Management, and Mirova are developing a tool to measure how investment impact biodiversity.RACHEL ALEMBAKIS   Woolworths Group has committed to reducing its scope 1 and 2 greenhouse gas emissions by 63% by 2030 in targets endorsed by the Science Based Targets initiative (SBTi).

RACHEL ALEMBAKIS   The Governance Institute of Australia is backing recommendations from a Senate Inquiry to amend the Corporations Act to allow virtual and hybrid annual general meetings.ELIZA BAVIN   Chief executive of Rio Tinto, Jean-Sebastien Jacques, will step down following pressure from investors and indigenous leaders over the destruction of the Juukan Gorge in May.

RACHEL ALEMBAKIS   The average salary for a head of sustainability role in tops $300,000, with women earning slightly more than men, according to research from specialist recruitment agency Talent Nation.RACHEL ALEMBAKIS   Coles will source more than 90% of its Queensland electricity from renewable energy sources after signing an agreement with state-owned CleanCo.

RACHEL ALEMBAKIS   Focusing on listed companies that have stronger performance on sustainability brings positive impacts on the planet and strong financial performance, according to impact investor Melior Investment Management.RACHEL ALEMBAKIS   Impact Investment Group (IIG) has launched a $70 million fund of funds impact investment fund aimed at providing income yield, return and positive social and environmental impacts.

RACHEL ALEMBAKIS   Fairtrade Australia and New Zealand, the Global Compact Network Australia and the Sustainable Development Solutions Network Australia, New Zealand and Pacific have issued a five point plan for a post-COVID-19 recovery.RACHEL ALEMBAKIS   Walk Free, an initiative of the Minderoo Foundation, have launched a toolkit to help business and investors take action to improve human rights standards in their supply chains and combat forced labour, human trafficking and other forms of modern slavery.

RACHEL ALEMBAKIS   BlackRock has increased its engagement by nearly half this year, and increased the number of votes against directors in invested companies, according to its 2020 BlackRock Investment Stewardship (BIS) report.RACHEL ALEMBAKIS   Robo-adviser Stockspot's sustainable investing option has attracted close to 20% of new client inflows since launching in July.

RACHEL ALEMBAKIS   Wesfarmers has announced that Diane Smith-Gander will retire as a non-executive director of the company at the company's November AGM.RACHEL ALEMBAKIS   Specialist sustainability advisory firm Chronos Sustainability has appointed Arisa Kishigami as a?specialist advisor on sustainable investment.