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Shareholders question Macquarie's climate change commitment

RIDDHIMA TALWANI  |  THURSDAY, 21 MAY 2026  |  NEWS
Macquarie Group shareholders are questioning if the investment giant is still committed to aligning its finances with the goal of net zero by 2050 and if so, how it plans to assess its fossil fuel financing activity for compliance. Shareholders have ...

Fortescue ups green energy bet to power data centres

RIDDHIMA TALWANI  |  TUESDAY, 28 APR 2026  |  NEWS
Fortescue will spend $1 billion (US$680m) to develop new green energy infrastructure, in a bid to meet the growing demand for green power from the industry, especially data centres. The mining giant said it will rapidly develop the 200MW Pilbara green ...

Greenpeace settles Woodside lawsuit

MATTHEW WAI  |  THURSDAY, 23 APR 2026  |  NEWS
Greenpeace Australia Pacific has settled a lawsuit against ASX-listed Woodside Energy over alleged misrepresentation of its emission reductions targets. Greenpeace filed the lawsuit in December 2023, alleging the fossil fuel giant had misrepresented ...

UK pension fund to vote against boards backpedaling on climate

JAMIE WILLIAMSON  |  FRIDAY, 13 MAR 2026  |  NEWS
UK pension giant Nest will now vote against board chairs where the company they oversee has materially scaled back its climate commitments without explanation. Updating its voting policy, Nest said where adjustments are made to transition strategies ...

Ontario Teachers' buys WA critical minerals royalties

JAMIE WILLIAMSON  |  FRIDAY, 6 MAR 2026  |  NEWS
Ontario Teachers' Pension Plan acquired a portfolio of royalties on critical minerals in Western Australia, providing exposure to lithium, tin, and tantalum. The Canadian pension giant bought the portfolio from RCF Management and Global Advanced ...

Insurer sued for omitting shareholder proposal on climate

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2026  |  NEWS
Global insurance giant Chubb is being sued after it opted to exclude a shareholder resolution in relation to climate change from its 2026 proxy ballot. The shareholder proposal was lodged by As You Sow, a shareholder advocacy group based in California. ...

Vanguard settles Texas-led coal antitrust lawsuit

JAMIE WILLIAMSON  |  MONDAY, 2 MAR 2026  |  NEWS
Vanguard will pay more than $40 million to settle a lawsuit brought by 13 Republican states that claimed it, along with BlackRock and State Street, sought to damage the US coal industry through climate activism. The case was brought in late 2024 by ...

Super moves: Mercer, AusSuper, Future Fund, VFMC

ELIZABETH FRY  |  THURSDAY, 26 FEB 2026  |  NEWS
Padraig Brown has left Mercer after more than 14 years, ending his stint as New Zealand chief investment officer. He is joining NZX-listed Precinct Properties, the country's largest commercial property owner, worth about $3.4 billion. At NZX-listed ...

Green moves: Aware Super, Australian Retirement Trust

ELIZABETH FRY  |  MONDAY, 23 FEB 2026  |  NEWS
Aware Super has seen a departure for the Paul Ramsay Foundation, while Australian Retirement Trust has hired a sustainable research lead from UBS Asset Management. Qi Lian Lim has left Aware Super for an impact investment manager role at Paul Ramsay ...

Super moves: Future Fund, NZ Super, Aware Super, VFMC

ELIZABETH FRY  |  THURSDAY, 19 FEB 2026  |  NEWS
A third Future Fund investment professional is bound for Abu Dhabi, following in the footsteps of the sovereign wealth fund's former chief investment officer and a deputy CIO. Pradheesh Salvarajah has taken on a role as investment manager at Abu ...
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