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ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... Global Aggregate SRI Exclusions Float Adjusted Index and "Vanguard claimed the index excluded issuers with significant business activities in a range of industries, including those involving fossil fuels. "However, ASIC alleges that ESG research was ...

APRA strengthens super fund ESG responsibilities

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
... and support delivering financial returns to beneficiaries; b) are appropriate in the context of the RSE licensee's business operations, resources and investment mix and complexity; c) are undertaken on a cost-effective basis, including where undertaken ...

Untapped talent: Australia missing out on $50b in GDP

ROSE MARY PETRASS  |  THURSDAY, 20 JUL 2023  |  NEWS
... could add over $50 billion to its GDP by 2050 if it tapped into this talent pool, according to new research from the Business Council of Australia (BCA) and the Australian Network on Disability (AND). The report on improving employment for the 1 in 6 ...

Traditional Owners to lead Pilbara renewables rollout on exclusive native title land

ROSE MARY PETRASS  |  THURSDAY, 20 JUL 2023  |  NEWS
Yindjibarndi Aboriginal Corporation (YAC) and Philippines-listed renewable energy company ACEN have partnered to develop, own, and operate large-scale renewable energy projects of up to 3 gigawatts on Yindjibarndi Ngurra (country), in Western Australia's ...

Schneider: Digitalisation key to dodging energy shocks

ROSE MARY PETRASS  |  THURSDAY, 20 JUL 2023  |  NEWS
... transition to be economically viable. But Lisa Zembrodt, principal and senior director of the company's sustainability business said that equally, businesses are moving to shield themselves against unpredictable costs caused by volatile energy markets ...

Podcast: Covering the Voice campaign - with Jack Latimore

THE GREENER WAY  |  TUESDAY, 18 JUL 2023  |  NEWS
... Torres Strait Islander Voice. The Vote on Voice is being widely debated and many institutions including key Australian business and investors have either publicly come out in favour of the vote, or are mulling whether to publicly take a stance. Jack ...

Arup appoints state energy business leader

RACHEL ALEMBAKIS  |  TUESDAY, 18 JUL 2023  |  NEWS
Arup has named Thomas Briault as the new Energy Business leader for New South Wales and ACT. Briault has worked for more than 20 years for Arup, most recently as principle for the firm's Southeast Asia Energy, Water and Resources business in Singapore. ...

Bowen announces sectoral net zero strategy approaches

RACHEL ALEMBAKIS  |  TUESDAY, 18 JUL 2023  |  NEWS
... pathways, goal posts and policy for all sectors can provide clarity for investors and the companies they own, help guide business strategy, climate-related financial disclosures, and the allocation of private capital towards new technology and infrastructure. ...

City of Sydney to green Broadway

ROSE MARY PETRASS  |  FRIDAY, 14 JUL 2023  |  NEWS
... along the whole length of George Street." Moore said the plan would "give more space back to the people" and support business and economic activity, while moving towards net zero. "Reducing unnecessary traffic on our streets is paramount. With WestConnex ...

ACCC publishes greenwashing guidance

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023  |  NEWS
... comes to greenwashing, which includes considerations of whether "genuine efforts and appropriate steps were taken by the business to verify the accuracy of any information that they relied on," and noted that the scope and extent of due diligence will ...