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Australia's C-Suite cite climate change as chief concern

RACHEL ALEMBAKIS  |  THURSDAY, 12 MAY 2022  |  NEWS
Australian c-suite leaders' top worry is economies failing to tackle climate change quickly in 2022, according to research from FTI Consulting. FTI Consulting has released its 2022 Resilience Barometer, which polled the concerns of more than 3,300 ...

NGS Super to reduce emissions 35% by 2025

RACHEL ALEMBAKIS  |  THURSDAY, 12 MAY 2022  |  NEWS
NGS Super is aiming to reduce its carbon footprint by 35% by 2025 en route to its 2030 net carbon zero target. "We have set this very aggressive target of 2030 to decarbonise the portfolio, and we are much more confident at this point in time that we ...

Strong demand for ESG managed accounts: Praemium

RACHEL ALEMBAKIS  |  THURSDAY, 5 MAY 2022  |  NEWS
Retail investor demand for authentic ESG financial products is increasing across all demographic groups and translating into increased interest in managed accounts, according to Praemium. Particularly as millennials begin to approach there "peak period ...

Ratification of Forced Labour Protocol to impact Modern Slavery Act

RACHEL ALEMBAKIS  |  THURSDAY, 5 MAY 2022  |  NEWS
The Australian government recently ratified the Forced Labour Protocol, committing the federal government to enhanced responses to one of the sources of modern labour. The ratification, which occurred before the May 14 Federal election was called, brings ...

ESG indicators a risk warning for credit: First Sentier

RACHEL ALEMBAKIS  |  THURSDAY, 5 MAY 2022  |  NEWS
Climate goals and emissions targets can be key emerging indicators of risk in credit portfolios, with overall ESG performance a factor in credit investment decisions, according to First Sentier. First Sentier integrates ESG data into its credit strategies ...

ASX boards need to "quickly evolve" on ESG skills: Melior

RACHEL ALEMBAKIS  |  THURSDAY, 5 MAY 2022  |  NEWS
ASX-listed boards and directors need to "quickly evolve" to include ESG expertise and boards need to broaden the recruitment process to gain access to a wider pool of director talent, according to Melior Investment Management. Melior is evolving their ...

HESTA "unlikely to support" AGL demerger without faster closure of coal-fired stations

RACHEL ALEMBAKIS  |  TUESDAY, 3 MAY 2022  |  NEWS
HESTA is "unlikely to support" the demerger of AGL unless the company sets a clear strategy to invest in renewables and storage and "strong commitments" to close coal-fired power plants earlier than currently proposed. "To lower systemic risk and protect ...

Business leaders, consumers "fed up" with ESG progress: Oracle

RACHEL ALEMBAKIS  |  THURSDAY, 28 APR 2022  |  NEWS
Business leaders and consumers are increasingly prioritising sustainability, but are "fed up" with lack of progress towards environmental and social goals and are looking to technology to assist in the digital transformation to achieve those goals ...

AASB considering ISSB sustainability standards

RACHEL ALEMBAKIS  |  THURSDAY, 28 APR 2022  |  NEWS
The Australian Accounting Standards Board (AASB) is considering how to integrate climate change and sustainability-related financial accounting standards into Australian standards. AASB is consulting on the recently draft International Sustainability ...

Sustainability, growth drive NextGen family business: PwC

RACHEL ALEMBAKIS  |  THURSDAY, 28 APR 2022  |  NEWS
Sustainability and growth are at the heart of the next generation of family business leaders, according to research from PwC. According to PwC's Global NextGen Survey 2022, 65% of next generation (NextGen) family business members say achieving business ...