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Consultation on sustainable product labels kicks off

MATTHEW WAI  |  MONDAY, 21 JUL 2025  |  NEWS
The government has initiated a consultation phase on sustainable investment product labelling, releasing a paper aligning to its Sustainable Finance Roadmap. The government is seeking industry-wide feedback on a framework for sustainable investment ...

IGCC releases capital alignment framework

KARREN VERGARA  |  MONDAY, 21 JUL 2025  |  NEWS
The Investor Group on Climate Change (IGCC) has released a new framework to help investors bridge the capital allocation gap when it comes to financing the climate transition. The Financing Australia's Corporate Climate Transition report provides guiding ...

Gender diversity, overboarding top of mind for instos: Georgeson

KARREN VERGARA  |  FRIDAY, 18 JUL 2025  |  NEWS
The lack of gender diversity, independence and 'overboarding,' are some of the top reasons why institutional investors voted against directors, according to Georgeson, after analysing trends in the latest mini-AGM season. Analysing the AGM season between ...

HSBC ditches global climate alliance initiative

MATTHEW WAI  |  FRIDAY, 18 JUL 2025  |  NEWS
Continuing the mass exodus, HSBC has now made its exit from the Net Zero Banking Alliance (NZBA). HSBC has withdrawn its position from the NZBA despite saying the initiative "played a role in developing guiding frameworks to help banks establish their ...

Green moves: Perpetual, Accounting for Nature

ELIZABETH FRY  |  THURSDAY, 17 JUL 2025  |  NEWS
Perpetual Wealth Management has recruited a manager to help support the business's responsible investment products and policies. Rachel Phillips brings years of experience in sustainability practices, working most recently with JP Morgan Asset Management ...

AMP appoints sales lead for North

ELIZABETH FRY  |  THURSDAY, 17 JUL 2025  |  NEWS
AMP has appointed a new head of national sales for North in a bid to strengthen the team and expand support for advisers across the country. Harry Georges has stepped into the role, bringing over 20 years of experience across advice, insurance, and ...

Elston expands institutional reach

ELIZABETH FRY  |  THURSDAY, 17 JUL 2025  |  NEWS
Elston Asset Management has hired a former BlackRock senior manager to help lead its push into the institutional market. In her new role at Elston, Stacey Sinclair will focus on building the institutional presence of the business and supporting the ...

CSIRO launches National Energy Analysis Centre

JAMIE WILLIAMSON  |  THURSDAY, 17 JUL 2025  |  NEWS
The new National Energy Analysis Centre (NEAC) will analyse and model anonymised energy data from households and businesses to provide more information to decision-makers to help steer the transition. The CSIRO says the new research function will support ...

UK ditches sustainable finance taxonomy

KARREN VERGARA  |  THURSDAY, 17 JUL 2025  |  NEWS
The UK government has abandoned the Green Taxonomy as it believes it "would not be the most effective tool to deliver the green transition" and should not be part of the sustainable finance framework. "Whilst the government's ambitions to continue as ...

Rio Tinto names chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUL 2025  |  NEWS
Simon Trott will lead Rio Tinto from 25 August 2025, replacing Jakob Stausholm. Trott is currently chief executive of the miner's iron ore division and previously served as its first chief commercial officer. "Simon is an outstanding leader with a deep ...