FS Sustainability

Half of ADB funds earmarked for climate

ROSE MARY PETRASS   The regional development bank has revamped its strategy as part of its goal to be the region's climate bank.

Study finds answer to land use battle

ROSE MARY PETRASS   Agrivoltaics are key to solving land use competition between clean energy and agriculture, but researchers warn of massive hurdles.

Coalition's super on parental leave changes spark concerns

ANDREW MCKEAN   The Coalition plans to amend paid parental leave legislation to let parents opt for a one-off cash payment instead of superannuation contributions on government-funded paid parental leave.

Podcast: Responsible investment stewardship towards net zero with Rachel Halpern

ROSE MARY PETRASS   Responsible investors are pushing back against so-called 'Tea and Scones Stewardship' and demanding meaningful company engagement.

Firms on back foot: Warning on reporting delays

ROSE MARY PETRASS   ESG is fast-evolving, often in flux, and ramping up fast as climate rules - and the climate - heats up, the world's largest accounting firm says.

Ancient ideas fuel new strategy

ROSE MARY PETRASS   A new strategy seeks to move past compliance and risk management when it comes to Indigenous issues, and focus on climate resilience and responsible investing.

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.

Super gap to close in 2042

ROSE MARY PETRASS   Gender financial equality slowed in the past quarter; gender pay equality is expected by 2047 and ASX 200 equality equity by 2030.

UBS passive strategies flagged on human rights

ROSE MARY PETRASS   A human rights complaint against UBS follows legal precedent that financiers are responsible for acting on human rights in passive index funds.

CareSuper ousts ESG policies in merger

ROSE MARY PETRASS   CareSuper will drop Spirit Super's emissions targets, impact investing, and exclusions of controversial weapons and fossil fuels.

ClearBridge launches new ESG fund

MATTHEW WAI   ClearBridge Investments has launched the Global Value Improvers Fund, which aims to provide exposure to undervalued companies and those that are currently improving on ESG measures.

ESG moves: S&P, UBS AM, Iress, Climate Energy Finance

ROSE MARY PETRASS   Major sustainability players are on the move, driving fresh momentum in corporate climate strategies and ESG.

Veteran lawyer moves jobs

ROSE MARY PETRASS   Alex O'Mara has joined advisory and assurance provider O'Connor Marsden & Associates (OCM) as the new strategic ESG advisor.