Asset owners embrace sustainable investment

CareSuper hired an ESG specialist from a rival, while Andrew Forrest's Minderoo Foundation appointed an executive director of effective philanthropy.

Macquarie Asset Management (MAM) is now the owner of renewable energy developer Island Green Power, scooping up the remaining 50% stake.

Palliser Capital has vowed to continue pressing for governance reform at Rio Tinto after its shareholder resolution calling for an independent review of the miner's dual-listed company structure fell short at the group's annual general meeting.

The International Sustainability Standards Board has proposed changes to requirements under IFRS S2 to offer clarity around existing reliefs and provide further relief in relation to specific Greenhouse Gas emissions disclosures.