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Aware Super, HESTA join forces against Woodside

ELIZA BAVIN  |  FRIDAY, 9 MAY 2025  |  NEWS
Aware Super and HESTA have voted against the re-election of Woodside director Ann Pickard, who also chairs the Energy Board's Sustainability Committee, with HESTA also voting against the broader remuneration plan. The super funds said the gas giant ...

Green moves: Agscent, HSBC

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025  |  NEWS
After 30 years in the financial markets glued to bonds and futures contracts, Dugald Lamont has changed tack and joined Agscent, an agri-biotech company at the forefront of sustainable agricultural innovation. The former executive director of JP Morgan ...

Aware Super appoints UK private equity lead

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025  |  NEWS
Aware Super has bolstered its London team with the appointment of three executives to manage its infrastructure, private equity and property portfolios in Europe and the US. Importantly, the $190 billion superannuation fund has recruited Frank Bulman ...

Super moves: QIC, VFMC, ESSSuper, Aware Super

ELIZABETH FRY  |  THURSDAY, 8 MAY 2025  |  NEWS
Vivian Xu has joined Victorian Fund Management Corporation to work on quant strategies across global markets. Xu arrived from Frontier Advisers, where she was promoted to the new quantitative research consultant within the capital markets and asset ...

Podcast: Climate risk and insurance

THE GREENER WAY  |  THURSDAY, 8 MAY 2025  |  NEWS
In this episode of The Greener Way, host Michelle Baltazar speaks with Nicki Hutley, a climate councillor and chief economist, about a comprehensive climate risk report by the Climate Council. The discussion centres on the alarming rise in insurance ...

Australian Ethical calls out QBE over climate risk concerns

ELIZA BAVIN  |  THURSDAY, 8 MAY 2025  |  NEWS
Australian Ethical Investment has called on QBE Insurance Group to disclose the risk climate change presents to its ongoing business, and the justification for its policy that allows the continued unrestricted underwriting of new oil and gas projects ...

Clean Energy Council chief resigns

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025  |  NEWS
The chief executive of the Clean Energy Council will step down after nearly 11 years at the helm. Kane Thornton will finish up on August 1 after serving in the role since November 2014. Thornton joined the Clean Energy Council in 2010 as director of ...

TNFD guides board directors on assessing nature-related risks

JAMIE WILLIAMSON  |  WEDNESDAY, 7 MAY 2025  |  NEWS
The Taskforce on Nature-related Financial Disclosures (TNFD) published its first Asking Better Questions on Nature guide to assist senior executives with appropriately assessing nature-related dependencies, impacts, risks and opportunities. The first ...

Macquarie AM takes over Island Green Power

KARREN VERGARA  |  TUESDAY, 6 MAY 2025  |  NEWS
Macquarie Asset Management (MAM) is now the owner of renewable energy developer Island Green Power, scooping up the remaining 50% stake. MAM first made a 50% investment in Island Green Power three years ago via its managed funds. MAM did not disclose ...

Labor win 'a referendum on renewable energy'

ELIZA BAVIN  |  TUESDAY, 6 MAY 2025  |  NEWS
The Clean Energy Council says the Albanese government's landslide win in the federal election was a vote of confidence by the Australian people in the nation's clean energy future. Clean Energy Council chief executive Kane Thornton said Labor's win ...
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