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2021 theme in review: biodiversity

RACHEL ALEMBAKIS  |  THURSDAY, 30 DEC 2021  |  NEWS
Sitting in the liminal space between the old and the new year, it is a time to reflect on these issues and consolidate recent news into a narrative. One of these mega-issues is biodiversity. Without a doubt, climate change, its impacts and the transition ...

What you read in 2021

RACHEL ALEMBAKIS  |  THURSDAY, 30 DEC 2021  |  NEWS
As 2021 draws to a close with continued uncertainty around the COVID-19 pandemic and the urgent need for climate action, FS Sustainability's most read stories showed that demand for professionals who can analyse and implement plans around material ESG ...

TCorp recaps performance of $5.2 billion sustainability bond programme

RACHEL ALEMBAKIS  |  THURSDAY, 23 DEC 2021  |  NEWS
... semi-government issuer. The Sustainability Bond Programme was established in 2018, and it plays a role as NSW has set a net zero target of halving greenhouse gas emissions by 2030. "This programme is the result of deep collaboration from across the NSW ...

Future Super in $6 billion acquisition

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 DEC 2021  |  NEWS
... people. Future Super says that partnering with smartMonday will propel its growth strategy and support it in reaching its target of $30 billion in AUM by 2030. "Future Super has always looked to drive economies of scale for members by focussing on growth," ...

South32 negotiates US$1.4 billion sustainability linked loan

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 DEC 2021  |  NEWS
... company's commitment to emissions reduction and improving energy and water use efficiency. In May 2021, South32 announced a target of reducing Scope 1 and 2 emissions by 50% by 2035 compared to their FY21 baseline. "Sustainable development is at the ...

New Forests calls for demand and supply integrity on carbon credits

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 DEC 2021  |  NEWS
Forestry asset manager New Forests is calling for strong integrity on both the supply and the demand side of voluntary carbon credit markets. New Forests points out there are increasingly complex questions relating to the integrity of carbon credit ...

From the courtroom to the boardroom: climate change risks and remedies

LOUISE CAMENZULI, JULIA GREEN, SANDY MAK  |  THURSDAY, 16 DEC 2021  |  NEWS
... not actively take steps to meet rapidly evolving climate change benchmarks through proper due diligence, risk management, target setting and transparent reporting, it is likely that those corporations will be compelled to do so. In Australia, regulator ...

Treasury Wine Estates inks sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 16 DEC 2021  |  NEWS
Treasury Wine Estates has transitioned $1.4 billion of finance into sustainability linked loans (SLL). The SLL's interest rate is linked to delivering on sustainability targets including 100% renewable electricity by 2024, reduced greenhouse gas emissions ...

SGX mandates TCFD, diversity reporting

RACHEL ALEMBAKIS  |  THURSDAY, 16 DEC 2021  |  NEWS
Listed entities on the Singapore Stock Exchange (SGX) will be required from 2022 to report on board diversity and climate related disclosures based on the Task Force on Climate-related Financial Disclosures (TCFD). SGX has announced that all issuers ...

Leadership essential in implementing ESG: BNP Paribas Securities Services

RACHEL ALEMBAKIS  |  THURSDAY, 16 DEC 2021  |  NEWS
Editorial note: This is the third in a three-part series of articles brought to you by BNP Paribas Securities Services The role of executive leadership is essential when it comes to implementing ESG strategy, whether being driven by regulation, risk ...