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Australia could gain $190bn windfall as Trump snubs net zero

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025  |  NEWS
A new report from the Climate Council suggests that while US President Donald Trump's policies turn away from federal climate support, major US states, companies - and rivals such as China - are powering ahead with the switch to renewable energy. The ...

NSW energy minister joins IGCC bill

STAFF WRITER  |  THURSDAY, 4 SEP 2025  |  NEWS
Penny Sharpe, the minister for the environment of New South Wales, will appear at the Investor Group on Climate Change's annual Summit next month. The IGCC said Sharpe will bring a vital perspective to the Summit, "at a time when [New South Wales] is ...

Northern Trust Asset Management names president

JAMIE WILLIAMSON  |  THURSDAY, 4 SEP 2025  |  NEWS
Michael Hunstad has been appointed president of Northern Trust Asset Management (NTAM), effective immediately. He replaces Daniel Gamba who had held the role since 2023. Hunstad will join Northern Trust's management group and report to chief executive ...

Binance names head of APAC

MICHELLE BALTAZAR  |  THURSDAY, 4 SEP 2025  |  NEWS
Global cryptocurrency exchange Binance appoints a new head of APAC after Vishal Sacheendran left the business in July. SB Seker, who previously worked as senior VP at Crypto.com, will lead the group's Asia Pacific operations, bringing with him a ...

Fortitude Investment Partners expands team

MICHELLE BALTAZAR  |  THURSDAY, 4 SEP 2025  |  NEWS
Private equity manager Fortitude Investment Partners has made a string of appointments this month, including an investor services manager who had worked at Allan Gray (South Africa) for more than a decade. Akyere Sobukwe-Whyte has been appointed as ...

Santos accused of covering up methane leak

JAMIE WILLIAMSON  |  MONDAY, 1 SEP 2025  |  NEWS
Santos is facing claims its Darwin LNG facility has been leaking methane for two decades. The Environment Centre NT obtained documents by way of a Freedom of Information request that show the Darwin LNG facility has been leaking methane. The leak is ...

Singapore pushes back climate reporting deadlines

KARREN VERGARA  |  MONDAY, 1 SEP 2025  |  NEWS
Regulators in Singapore have delayed mandatory climate reporting amid an uncertain global economic backdrop and to allow for smaller companies to get their compliance capabilities in order. The Accounting and Corporate Regulatory Authority (ACRA) and ...

Net Zero Banking Alliance on pause

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025  |  NEWS
Following an exodus of members, the Net Zero Banking Alliance is pausing activities. On August 27, the NZBA Steering Group determined to hold a vote on moving away from a membership-based alliance to establishing its guidance as a framework initiative. ...

ASX-listed miner to pay $7.5m over whistleblower breaches

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025  |  NEWS
ASIC has landed its first scalp in relation to whistleblower protections, with TerraCom Limited paying $7.5 million for whistleblower victimisation. In what was the regulator's first outcome for contraventions of whistleblower provisions, TerraCom ...

ESG labels not fit for super: RIAA

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025  |  NEWS
The Responsible Investment Association Australasia (RIAA) is concerned a 'one-size-fits-all' ESG labelling regime would actually increase the risk of greenwashing. Earlier this month, the government commenced a consultation on the introduction ...