FS Sustainability

New fintech partnership tracks carbon

ROSE MARY PETRASS   A carbon tracker and an AI engagement platform for financial institutions have joined forces to provide climate-conscious spending solutions.

Execs sceptical of 2050 net zero goal

ROSE MARY PETRASS   Confidence in net zero by 2050 is diminishing, with almost two-thirds of executives now anticipating the world will reach net zero by 2060 or later, up from just over half a year ago.

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN   Almost 90% of surveyed auditors do not support the government's requirements to implement mandatory climate reporting and assurance on private companies, not-for-profits and companies limited by guarantee, according to a new survey.

New framework for investors to navigate AI released

ELIZA BAVIN   Alphinity Investment Management (Alphinity) and CSIRO have released a responsible AI (RAI) framework and actionable toolkit to help investors navigate the accelerating AI opportunity.

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS   Climate Energy Finance (CEF) says buildings are the "low-hanging fruit" that make up the lion's share of the big four banks' sustainable finance target (SFT) of $385 billion by 2030 - while just 7% flows to financing clean energy and hard-to-abate sectors.

Preqin offers ESG benchmark for alternatives

ROSE MARY PETRASS   The financial data provider has launched a new ESG fund performance benchmark in what it says is a market first.

Impact investing drops down the list

ROSE MARY PETRASS   New global findings from a US$240 billion asset manager finds that persistent inflation and market volatility has investors' minds focused on returns rather than impact.

Members beef up ESG checks

ROSE MARY PETRASS   A new report reveals that investors are keener than ever to secure their financial future by investing responsibly and will pull their money if their manager doesn't do so.

Podcast: Advancing First Nations outcomes with Phil Usher

ROSE MARY PETRASS  |    7:30AM   When it comes to advancing outcomes for First Nations Peoples, economic empowerment, accessibility, and financial literacy are at the fore.

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN   Rising interest rates and weak disposable income growth have caused housing affordability to drop to its lowest point in decades, according to Queensland Investment Corporation (QIC) senior economists.

ClearBridge launches first local global equity fund

KARREN VERGARA   ClearBridge Investments has launched its first global equity strategy in Australia as it looks to introduce more in the future.

J.P. Morgan vows $2.5 tn for sustainable development

ROSE MARY PETRASS   The US banking giant will bolster its sustainable development financing through to the end of the decade, including $1 trillion for green initiatives.

ESG professionals' salary guide revealed

ELIZA BAVIN   Increasing demand for a better work-life balance has seen many ESG professionals looking to make a job switch, the newest Kaizen Recruitment salary guide found.

MLC Life sustainability manager joins impact firm

ROSE MARY PETRASS   Sustainability and impact investment expert Désirée Lucchese has joined the board of a newly formed impact research and consulting firm as a non-executive director.