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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 ...

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 ...

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 ...

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 ...

Nuveen, CalSTRS partner on $2bn sustainable infra investment

RIDDHIMA TALWANI  |  WEDNESDAY, 15 JUL 2026  |  NEWS
Nuveen has partnered with CalSTRS to invest up to $2 billion in sustainable infrastructure through Nuveen's Energy Infrastructure Credit (EIC) strategy. EIC provides private debt to assist companies transitioning to a low carbon economy, while also ...

Microsoft emissions jump on data centres buildout

RIDDHIMA TALWANI  |  WEDNESDAY, 15 JUL 2026  |  NEWS
Microsoft has reported a jump of 25% in its total greenhouse gas emissions in the financial year 2025. The software giant said the rise was primarily driven by the expansion of its data centre infrastructure and pausing the use of renewable energy certificates. ...

Government, industry back low-carbon fuel production

RIDDHIMA TALWANI  |  MONDAY, 13 JUL 2026  |  NEWS
The Australian Renewable Energy Agency (ARENA) with the support from industry partners including Qantas and Boeing is backing a project to fast-track commercial scale production of low carbon liquid fuel (LCLF). Cyan Ventures, a specialist sustainability ...

CEFC, Aviva Investors partner to afforest Tasmanian wetlands

RIDDHIMA TALWANI  |  THURSDAY, 9 JUL 2026  |  NEWS
The Clean Energy Finance Corporation (CEFC) is partnering with Aviva Investors and Gresham House to invest $142 million in sustainable forestry plantations in Tasmania. The new Tasmania Natural Asset Trust (TNAT) is an afforestation and natural capital ...

Government pushes for First Nations ownership in renewable projects

RIDDHIMA TALWANI  |  THURSDAY, 9 JUL 2026  |  NEWS
The Department of Climate Change, Energy, the Environment and Water (DCCEEW) is adopting a pilot initiative to help First Nations communities benefit from Australia's clean energy future. Under the Capacity Investment Scheme (CIS), a new pilot will ...

EU to ease sustainability reporting burden on firms

RIDDHIMA TALWANI  |  THURSDAY, 9 JUL 2026  |  NEWS
The European Commission has adopted a revised European sustainability reporting standard (ESRS) and a voluntary reporting standard for smaller companies. The commission said the revised standards will reduce administrative burdens for European Union ...
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