Editor's Choice

Members beef up ESG checks

ROSE MARY PETRASS
A new report reveals that investors are keener than ever to secure their financial future by investing responsibly and will pull their money if their manager doesn't do so.

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS
Confidence in net zero by 2050 is diminishing, with almost two-thirds of executives now anticipating the world will reach net zero by 2060 or later, up from just over half a year ago.

Minorities to have bigger say under Positive Duty regime: Rio Tinto

MICHELLE BALTAZAR
Sexual harassment claims are more prevalent in mining companies than in any other business sector, but better Positive Duty governance could turn the tide around, especially for minorities, delegates at the ACSI conference heard last Thursday.

New campaign pushes for reproductive leave

JAMIE WILLIAMSON
Calls for a paid reproductive leave scheme are mounting, as Queensland Unions launches a campaign pushing for new entitlements including preventative health leave. It comes as the Senate investigates issues related to menopause and perimenopause.

New fintech partnership tracks carbon

ROSE MARY PETRASS   A carbon tracker and an AI engagement platform for financial institutions have joined forces to provide climate-conscious spending solutions.

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS   Confidence in net zero by 2050 is diminishing, with almost two-thirds of executives now anticipating the world will reach net zero by 2060 or later, up from just over half a year ago.

RIAA: Green bonds broaden investor appeal

MICHELLE BALTAZAR   ESG-focused financial advisers entering the industry this year are joining at the right time, with a sturdier set of green bonds for client portfolios thanks to imminent EU laws.

Canberra's new plan a winner for investors

ROSE MARY PETRASS   Albanese's Future Made in Australia Act is a much-needed signal to promote competition, resiliency, productivity, and attract capital, investors say.

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS   Climate Energy Finance (CEF) says buildings are the "low-hanging fruit" that make up the lion's share of the big four banks' sustainable finance target (SFT) of $385 billion by 2030 - while just 7% flows to financing clean energy and hard-to-abate sectors.

Preqin offers ESG benchmark for alternatives

ROSE MARY PETRASS   The financial data provider has launched a new ESG fund performance benchmark in what it says is a market first.

Impact investing drops down the list

ROSE MARY PETRASS   New global findings from a US$240 billion asset manager finds that persistent inflation and market volatility has investors' minds focused on returns rather than impact.

Members beef up ESG checks

ROSE MARY PETRASS   A new report reveals that investors are keener than ever to secure their financial future by investing responsibly and will pull their money if their manager doesn't do so.

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN   Rising interest rates and weak disposable income growth have caused housing affordability to drop to its lowest point in decades, according to Queensland Investment Corporation (QIC) senior economists.

DEI winner takes home top prize

ROSE MARY PETRASS   A social enterprise that employs refugee and migrant women has won the National Banksia Award; it's the first time a nomination in the DEI category has taken out the top sustainability prize.

Australian Ethical reaches $10 bn FUM

ROSE MARY PETRASS   The ethical investor saw a 7% rise in funds under management to $10.33 billion for the March quarter on the back of new members and cash inflows into its superannuation arm.

ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN   Industry Super Property Trust (ISPT) has issued a $1.5 billion sustainably linked syndicated term loan that is reportedly one of the largest for any Australia real estate fund manager.

Aware Super appoints ESG, product and insurance heads

ELIZABETH FRY   Aware Super's real estate arm has hired a new executive to lead its ESG effort.

Competition watchdog exec first boss at think tank

ROSE MARY PETRASS   Launched last year by economist Ross Garnaut, chaired by former ACCC chair Rod Sims, the Superpower Institute (TSI) has appointed ex-ACCC economics lead Baethan Mullen as its inaugural CEO.