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Australian banks fail to manage financed deforestation: Report

MATTHEW WAI  |  MONDAY, 23 JUN 2025  |  NEWS
Latest findings identified mortgages provided by major banks are contributing to deforestation, with just one bank having made a 'No deforestation' commitment. The Australian Conservation Foundation (ACF) conducted analysis of 100 land titles and found ...

Australia's sustainable finance taxonomy launches

KARREN VERGARA  |  FRIDAY, 20 JUN 2025  |  NEWS
The Australian Sustainable Finance Institute (ASFI) has launched the nation's sustainable finance taxonomy and will be trialled by the likes of HESTA, Rest, Westpac and Moody's Ratings. The sustainable finance taxonomy aims to support the credible allocation ...

Instos eye climate tech startups

MATTHEW WAI  |  TUESDAY, 17 JUN 2025  |  NEWS
Responsible investor Australian Ethical and the Clean Energy Finance Corporation (CEFC) have each committed $15 million into the first close of the new fund curated by Climate Tech Partners (CTP). CTP is a local climate venture platform deploying capital ...

Wollemi Capital buys renewables platform

JAMIE WILLIAMSON  |  FRIDAY, 13 JUN 2025  |  NEWS
The climate-focused investment firm will pay $19 million for MPower Group's renewable energy and battery storage business after the latter faced challenges in securing funding. MPower has agreed to sell the renewable energy platform to Wollemi, in a ...

New Forests enters Vietnamese timber industry

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025  |  NEWS
New Forests made its first investment in Vietnam, backing one of the country's top suppliers of lumber and logs. Via the Tropical Asia Forest Fund 2 (TAFF2), New Forests has invested in Tavico Group. It is the fourth investment made by the fund ...

Green moves: Aware Super, BlackRock, Taylor Fry

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025  |  NEWS
A Housing Australia executive has joined BlackRock Australia as the firm's new head of fixed income and credit product strategy, marking a return to funds management after a distinguished public sector career. Katherine Palmer brings over 12 years ...

'Surreal', 'difficult' times for sustainable investors: RIAA

KARREN VERGARA  |  THURSDAY, 29 MAY 2025  |  NEWS
A leading voice for sustainable investing in the US admits the anti-ESG movement has been "difficult" and "surreal" as investors fear being overly scrutinised, the Responsible Investment Association Australasia (RIAA) Conference heard. There are, however ...

Young workers drive DEI in workplace: RIAA panel

MICHELLE BALTAZAR  |  THURSDAY, 29 MAY 2025  |  NEWS
The windchill of politics on diversity, equity and inclusion (DEI) programs fronts a deadly counterpoint - young professionals entering the workforce with zero tolerance for inappropriate workplace behaviour. Andrew Pozzo, chief executive at Cbus Property ...

Aware Super beefs up sustainability team

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025  |  NEWS
High-profile ethics and impact manager Desiree Lucchese has joined Aware Super as the reporting manager for climate change and sustainability. In her new role, Lucchese will blend technical expertise with change management to serve as a liaison across ...

Greenwashing remains an enforcement priority, says ASIC

MICHELLE BALTAZAR  |  THURSDAY, 29 MAY 2025  |  NEWS
The country's financial services regulator unveils its three-pronged approach as sustainability reporting becomes a mandatory requirement for small to large Australian businesses - but it was its passing update on greenwashing as an enforcement ...
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