Governance

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  TUESDAY, 6 AUG 2024  |  NEWS
Mercer Superannuation Australia has been slapped with a whopping $11.3 million penalty by the Federal Court on the back of an ASIC-led greenwashing investigation.

ACCR cuts ties with Rio Tinto

ROSE MARY PETRASS  |  THURSDAY, 1 AUG 2024  |  NEWS
Mining giant Rio Tinto's political lobbying activities are a greenwashing risk, a breach of public trust, and a form of investor deception, according to ACCR.

Podcast: Radical super reform for climate change progress with retirement heavyweight Jeremy Cooper

THE GREENER WAY  |  TUESDAY, 16 JUL 2024  |  NEWS
Superannuation, with its long-term investment view, necessarily requires a transition to a sustainable economy to safeguard retirements - especially for the many members set to live to the end of the century.

Banks to refund millions following ASIC review

ROSE MARY PETRASS  |  MONDAY, 15 JUL 2024  |  NEWS
Low-income First Nations banking customers will receive a refund of more than $28m following the corporate watchdog's review into bank fees.

Podcast: First Nations cultural heritage and FPIC with Rachel Perkins and Anirudha (Anu) Nagar

THE GREENER WAY  |  TUESDAY, 9 JUL 2024  |  NEWS
This NAIDOC Week, we welcome two guests to the show to discuss legislation, risk, best practice, storytelling as a tool for change, and the concept of Free, Prior, and Informed Consent (FPIC).

First renewable energy zone to start works

ROSE MARY PETRASS  |  TUESDAY, 2 JUL 2024  |  NEWS
The first Renewable Energy Zone in the country to achieve planning approval will drive up to $20 billion in private investment and unlock at least 4.5 gigawatts of new network capacity over the next six years.

ISO to launch first net zero standards

ROSE MARY PETRASS  |  TUESDAY, 2 JUL 2024  |  NEWS
The International Organization for Standardization (ISO) will develop its first international net zero standard to launch at COP30 in November 2025 in Brazil.

LGIM, Generation, MUFG to report on nature

ROSE MARY PETRASS  |  MONDAY, 1 JUL 2024  |  NEWS
The Taskforce on Nature-related Financial Disclosures (TNFD) has seen 96 publicly listed entities sign up, representing over US$6 trillion in market capitalisation.

Latest disclosure update

ROSE MARY PETRASS  |  FRIDAY, 28 JUN 2024  |  NEWS
Global standards, benchmarks and taxonomies move to align for greater interoperability - the EU proposes new sustainable financial product labels. Here is the latest.

States and feds step up on nature and resources

ROSE MARY PETRASS  |  TUESDAY, 25 JUN 2024  |  NEWS
The federal and state governments set new ambitions to take the country to the biodiversity UN COP 16 in Colombia later this year.