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Assessing animal testing as a governance issue: Vontobel

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
The use of animals in safety testing of cosmetic products is increasingly banned and restricted, but companies still face questions over animal welfare that point to overall business governance quality, according to Vontobel Asset Management. An estimated ...

Not all oil stocks are out on ESG grounds: Pendal Group

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
Not all oil and gas companies are alike when it comes to ESG characteristics and transitioning to net zero, according to Pendal Group. As diversified oil and gas companies realign their operations towards a carbon-constrained future, investors have ...

Banks' role in global decarbonisation under spotlight

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
Banks are uniquely exposed to the risks of climate change, but uniquely placed to drive the transition to a low carbon future, according to Aviva Investors. "Banks are essential for the global economy," said Aviva Investors senior ESG analyst Richard ...

Bank launches sustainability-linked derivatives

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
One of the major Australian banks has launched sustainability-linked derivative products, building on its existing sustainability-linked loans (SLL) and sustainability-linked bond (SLB) processes. ANZ's sustainability-linked derivatives (SLDs) will ...

ESG "the most important thematic for the next 30 years"

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
ESG is tipped to be the most important investment thematic for the next 30 years, according to Plato Investment Management. Managing director Don Hamson pointed to the surge in ESG investment and explained why the asset management industry must take ...

ASI launches APAC sustainability institute

RACHEL ALEMBAKIS  |  THURSDAY, 29 JUL 2021  |  NEWS
Aberdeen Standard Investments (ASI) will launch an Asia Pacific sustainability institute to support the momentum of sustainable investing. The abrdn Sustainability Institute is designed to drive sustainable investing and supporting the buildout of a ...

Compliance risk to new waste, recycling laws

RACHEL ALEMBAKIS  |  THURSDAY, 29 JUL 2021  |  NEWS
Companies working to improve waste recovery and reuse in daily operations must understand and comply with rapidly changing regulatory regimes, according to law firm McCullough Robertson. With the rise in growth of circular economy initiatives and progressive ...

Governance Institute taps former ASFA CEO for role as chair

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 JUL 2021  |  NEWS
Governance Institute of Australia has appointed Pauline Vamos as chair. Vamos is a former senior regulator with ASIC and former CEO of the Association of Superannuation Funds of Australia (ASFA) as well as a non-executive director, lawyer and governance ...

Sustainable finance initiative establishes permanent body

RACHEL ALEMBAKIS  |  FRIDAY, 23 JUL 2021  |  NEWS
The renamed Australian Sustainable Finance Institute has appointed three initial Katharine Tapley, Michelle McPherson and Kristian Fok, who are taking the helm to lead this important delivery phase. "We are hugely thankful for the work driven over the ...

Opinion: The housing burden is large enough to be shared by many parties

SCOTT LANGFORD  |  FRIDAY, 23 JUL 2021  |  NEWS
Ed. note: FS Sustainability is pleased to present this opinion piece from Scott Langford, CEO, St George Community Housing. The opinions expressed reflect his views only. The recent completion of 11 Gibbons Street, Redfern was a landmark day. This is ...