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Workplace conduct a financial risk: Fidelity International

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
Workplace misconduct is a material financial risk to business and investors, with potential spillover impacts extending beyond an individual company to jeopardise the reputation of entire industries, according to new research from Fidelity International. ...

RIAA creates co-CEO model to replace outgoing O'Connor

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
The Responsible Investment Association Australasia (RIAA) has named two co-CEOs to replace its outgoing leader, one based in Australia and one based in Aotearoa New Zealand. Estelle Parker and Dean Hegarty will take the helm of the organisation in early ...

Greenwashing a serious threat to financial markets: ASIC

RACHEL ALEMBAKIS  |  THURSDAY, 23 NOV 2023  |  NEWS
ASIC has identified sustainable finance governance and greenwashing as one of three key focus areas for action in 2024. Speaking at this week's annual forum, ASIC chair Joe Longo said sustainable financial reporting and disclosure, better consumer outcomes ...

Don't neglect the SDGs in sustainable finance strategy

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
The government's sustainable finance strategy is an opportunity to tie action on the Sustainable Development Goals (SDGs) to action on climate. UN Global Compact Network Australia chair Fiona Reynolds called the recently released strategy a "welcome ...

H2Kwinana Hydrogen Hub gets $70m government backing

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
A Western Australia based hydrogen hub has progressed one step further to becoming operational, with the Albanese government announcing $70 million in support as part of its Regional Hydrogen Hubs program. bp's H2Kwinana Hydrogen Hub has reached Front-End ...

La Trobe University inks sustainability-linked loan

RACHEL ALEMBAKIS  |  MONDAY, 20 NOV 2023  |  NEWS
A major Australian university has locked in a $195 million sustainability-linked loan (SLL) with interest rate savings being reinvested into an Indigenous accommodation scholarship fund and other initiatives. La Trobe University has refinanced existing ...

Investing during a disorderly transition: Energetics

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
Editorial note: This is the fourth in a six-part series of articles brought to you by Energetics Even if the world is able act sufficiently to contain climate change to 1.5 degrees of warming by 2050, there will still be degree of physical impact that ...

Greenwashing a barrier to responsible investment uptake

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
Investors considering responsible investment products say greenwashing, lack of understanding of methodology used by managers and a desire for financial advice first is stopping them from investing. According to the third 2023 Responsible Investing ...

Nature-related risk a potential risk to directors

RACHEL ALEMBAKIS  |  THURSDAY, 16 NOV 2023  |  NEWS
Corporate directors have an obligation to consider nature-related risk in much the same way as other financial risks, according to a new legal opinion. Directors can take steps to identify and manage nature-related risks is the headline conclusion of ...

FS Sustainability launches ESG Power50 nominations

RACHEL ALEMBAKIS  |  MONDAY, 13 NOV 2023  |  NEWS
FS Sustainability 's ESG Power50 nominations are open for nominations to find the most influential ESG professionals working at ASX-listed companies. Building on the success of the 2023 ESG Power50 list, readers of FS Sustainability along with FS ...