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Australian Ethical puts Macquarie on notice

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025  |  NEWS
... Australian Ethical said shareholders need transparency and is asking for Macquarie to disclose in dollar terms how much of its total business is exposed to fossil fuels. "Without this disclosure, Macquarie's shareholders have no way to identify and price ...

Gender diversity, overboarding top of mind for instos: Georgeson

KARREN VERGARA  |  FRIDAY, 18 JUL 2025  |  NEWS
... mini-AGM season. Analysing the AGM season between January and June involving ASX300 companies, Georgeson found 39.7% or 77 in total of the directors elected to boards were female while 60.3% (117) were male. "The minimal change in these appointment rates ...

Net zero more important than energy costs: Economists

JAMIE WILLIAMSON  |  THURSDAY, 3 JUL 2025  |  NEWS
... important thing for Australia to achieve. This is followed by ensuring reliability of the power supply and minimising the total cost of generation, distribution and retailing; just five considered cost to be most important. A carbon price is the preferred ...

Macquarie AM partners to buy UK wastewater service provider

MATTHEW WAI  |  THURSDAY, 3 JUL 2025  |  NEWS
A consortium led by Macquarie Asset Management (MAM) will invest an additional £655 million, bringing the total equity investment by MAM-managed funds and co-investors to nearly £3 billion, into Southern Water, a UK water and wastewater service provider. ...

Australian Ethical drops fees

ELIZA BAVIN  |  MONDAY, 30 JUN 2025  |  NEWS
... applied only to members with insurance. Standard Default Cover members will experience an increase in the amount of Death and Total & Permanent Disablement (TPD) insurance cover they receive, while Death and TPD cover for others will become or remain ...

Australian banks fail to manage financed deforestation: Report

MATTHEW WAI  |  MONDAY, 23 JUN 2025  |  NEWS
... deforestation that are tied to banks via a mortgage over the land title, our analysis gives just a small picture of the total deforestation likely to have occurred in the 12-month period we examined. "The financial sector has a special responsibility ...

Equity Trustees fined by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 20 JUN 2025  |  NEWS
Equity Trustees was fined nearly $60,000 by the regulator for making misleading statements about the holdings of a sustainable bond fund. Equity Trustees agreed to pay three infringement notices totalling $56,340 over allegations it made misleading ...

Funding lifts for climate, health, people startups

KARREN VERGARA  |  TUESDAY, 17 JUN 2025  |  NEWS
... compiled by Giant Leap and Cut Through Venture found that in 2022, startups in climate, health and people raised 38.9% of total investment in early-stage startups in Australia. This increased to 55.6% in 2023 but dipped to 41.5% in 2024. Climate dominates ...

Plenti wins WA government mandate

KARREN VERGARA  |  THURSDAY, 5 JUN 2025  |  NEWS
... Australia, he added. The fintech lender launched in 2014 and offers automotive, renewable energy and personal loans. The total loan portfolio consists of $2.5 billion. The renewable loan book has about $341 million.

Rest flags sustainable mandates to soar

MICHELLE BALTAZAR  |  MONDAY, 2 JUN 2025  |  NEWS
... all of a sudden, the energy transition has become meaningful for them." Overall, the fund expects to allocate 1% of its total funds under management to impact investing next financial year. This would equate to tens of billions of dollars by the time ...