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Shareholders walk back on Macquarie climate transparency push

RIDDHIMA TALWANI  |  THURSDAY, 23 JUL 2026  |  NEWS
Around 18% of Macquarie shareholders have voted in favour of the resolution for the investment giant to disclose how its fossil fuel financing aligns with its commitment to the Paris Agreement. This is major walk back from last year, when 35% of shareholders ...

Data Centres should pay for clean energy: Poll

VINNY VUCAGO  |  THURSDAY, 23 JUL 2026  |  NEWS
Australians overwhelmingly believe data centre operators should be required to fund the renewable energy needed to power their rapidly growing operations, according to new polling commissioned by the Climate Council. The YouGov survey of 1624 Australians ...

CEFC names new chief executive

MATTHEW WAI  |  THURSDAY, 23 JUL 2026  |  NEWS
Clean Energy Finance Corporation (CEFC) chief investment officer of Rewiring the Nation (RTN) Paul McCartney has been appointed the new chief executive for the group, effective September 18. McCartney will replace Ian Learmonth, who was appointed in ...

Weak sustainability categorisation can institutionalise greenwashing: EDHEC

RIDDHIMA TALWANI  |  THURSDAY, 23 JUL 2026  |  NEWS
As the European Union reforms its Sustainable Finance Disclosure Regulation (SFDR), the EDHEC Climate Institute has warned weak or inconsistent standards could institutionalise rather than mitigate misleading sustainability claims. Under the changes ...

Northern Trust AM Australia shares in $4.3bn climate transition mandate

KARREN VERGARA  |  TUESDAY, 21 JUL 2026  |  NEWS
Northern Trust Asset Management Australia is one of several fund managers that scored a major mandate from Taiwan's Bureau of Labor Funds (BLF) to help manage a total pool of US$3 billion ($4.3bn) for a climate transition investment strategy. The BLF ...

SS&C axes jobs, shifts roles offshore

RIDDHIMA TALWANI  |  MONDAY, 20 JUL 2026  |  NEWS
US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams. Last year, Insignia Financial struck a deal with SS&C to outsource about 1300 staff who worked in its master trust business ...

Roundtable reflections: Is ESG dead?

BETH GOLDSMITH, CARLOTA GARCIA-MANAS  |  MONDAY, 20 JUL 2026  |  NEWS
"Is ESG dead?" we asked at our recent Responsible Investors (RI) roundtable in May this year. Short answer: no. But the conversation has matured - and climate physical risk is coming of age in methodology and assessment. The real question is: can investors ...

Tokenisation can accelerate sustainability objectives: Northern Trust

MATTHEW WAI  |  MONDAY, 20 JUL 2026  |  NEWS
Project Acacia identified significant economic growth opportunities with tokenised financial infrastructure in Australia, but the initiative extends further for those that are currently looking for more efficient ways to offset their carbon footprints. ...

Government delivers more 'teeth' to modern slavery act

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026  |  NEWS
Large corporates with annual consolidated revenue of over $100 million will face a criminal offence where they fail to prevent modern slavery in their supply chains, the government said. Companies would be able to defend themselves if they can demonstrate ...

Deloitte launches AI tool to measure value of sustainability

VINNY VUCAGO  |  THURSDAY, 16 JUL 2026  |  NEWS
Deloitte has launched a new framework and artificial intelligence (AI) powered platform designed to help organisations quantify the financial value of sustainable investments. The consulting firm unveiled Sustainability Fusion, a framework, digital ...
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