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Northern Trust AM Australia shares in $4.3bn climate transition mandate

KARREN VERGARA  |  TUESDAY, 21 JUL 2026  |  NEWS
... Australia is one of several fund managers that scored a major mandate from Taiwan's Bureau of Labor Funds (BLF) to help manage a total pool of US$3 billion ($4.3bn) for a climate transition investment strategy. The BLF also picked Amundi Asset Management ...

Microsoft emissions jump on data centres buildout

RIDDHIMA TALWANI  |  WEDNESDAY, 15 JUL 2026  |  NEWS
Microsoft has reported a jump of 25% in its total greenhouse gas emissions in the financial year 2025. The software giant said the rise was primarily driven by the expansion of its data centre infrastructure and pausing the use of renewable energy certificates. ...

Quinbrook fund oversubscribed amid energy-transition asset demand

KARREN VERGARA  |  MONDAY, 13 JUL 2026  |  NEWS
... Renewables Impact Fund (QRIF II), beating its target that was oversubscribed by £87 million ($168m). QRIF II secured a total of £587 million ($843m) in investor commitments, beating its £500 million ($718m) fundraising target. QRIF II invests in infrastructure ...

EU to ease sustainability reporting burden on firms

RIDDHIMA TALWANI  |  THURSDAY, 9 JUL 2026  |  NEWS
... streamline key processes," the European Commission said. "They reduce the number of mandatory datapoints by over 60% and the total number of datapoints by over 70%. These changes are expected to reduce reporting costs by more than 30% per company, in ...

Future Generation returns top 20%

VINNY VUCAGO  |  WEDNESDAY, 8 JUL 2026  |  NEWS
Future Generation Australia has increased its fully franked interim dividend after it delivered a 20.1% total shareholder return over the past year. The company lifted its interim dividend to 3.8 cents per share, fully franked, taking the annualised ...

Australia adds 25k millionaires, boasts low wealth inequality

KARREN VERGARA  |  MONDAY, 6 JUL 2026  |  NEWS
... Australian millionaires increased by 1.6% over the year, minting 25,089 people to high-net-worth status. This lifted the total millionaire population to more than 1.6 million. Australia also ranked among the world's wealthiest nations on a per-capita ...

TotalEnergies ordered to map Scope 3 emissions by Paris Court

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026  |  NEWS
TotalEnergies has been ordered by a Paris court to complete the risk mapping in its current due diligence plan to identify the oil and gas company's Scope 1, 2 and 3 emissions risks. While the current risk mapping for the vigilance plan included the ...

Australian government backs EV battery manufacturing

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026  |  NEWS
... chemistries and technology, and intensifying global market competition. While China accounts for over 80% of the global total battery manufacturing capacity, the European Union and the United States account for 6-7% each.

Macquarie injects more into Southern Water with new partner

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026  |  NEWS
... 20% stake in Southern Water. This follows £900 million ($1.7bn) of equity committed by Macquarie during 2025, taking the total investments by MAM-managed funds into Southern Water to more than £2.8 billion ($5.3bn) since its acquisition in 2021. "We ...

US issues $25bn loan for nuclear power

MATTHEW WAI  |  THURSDAY, 25 JUN 2026  |  NEWS
... Westinghouse and the partner are required to fully commit their project equity, US$500 million ($723m) each (US$1 billion total per project), upfront prior to accessing DOE loan funds, DOE said. Westinghouse has already signed letters of intent with ...
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