FS Sustainability

Richest 10% drive global warming: Research

KARREN VERGARA   New research that examined wealth-based greenhouse gas (GHG) emissions shows that the world's richest people are fuelling two thirds of global warming.

Podcast: Climate risk and insurance

THE GREENER WAY   Chief economist Nicki Hutley discusses the alarming rise in insurance premiums due to climate risks, emphasising the need for prompt and effective climate action.

TNFD guides board directors on assessing nature-related risks

JAMIE WILLIAMSON   The Taskforce on Nature-related Financial Disclosures (TNFD) published its first "Asking Better Questions on Nature" guide to provide senior executives with information about nature-related dependencies, impacts, risks and opportunities.

Palliser Capital hits out at Rio Tinto board

ANDREW MCKEAN   Palliser Capital has vowed to continue pressing for governance reform at Rio Tinto after its shareholder resolution calling for an independent review of the miner's dual-listed company structure fell short at the group's annual general meeting.

WFH employees put in 20% more hours

ELIZA BAVIN   Australians who work from home are able to put in around 20% more hours than those who are in the office.

Link between remuneration and sustainability grows: KPMG

JAMIE WILLIAMSON   Twenty-three of our top 25 listed companies link boardroom pay to sustainability, seeing Australia rank highly among non-EU countries for doing so.

NAB Foundation launches Impact Investing Fund

JAMIE WILLIAMSON   The NAB Foundation created a $50 million impact fund to invest in areas that align to the bank's sustainability priorities, like Indigenous economic advancement, social and affordable housing, and the climate transition.

Impact investing needs instos to scale: Experts

KARREN VERGARA   While it has gained momentum in the last 15 years, impact investing still requires major backing from institutional investors and governments for it to scale and become a formidable force, the first day of the Impact Investment Summit Asia Pacific heard this morning.

Trump presidency pushes Aussies to ethical super fund

JAMIE WILLIAMSON   The inauguration of President Donald Trump in the US and the heightened volatility and uncertainty that has followed has been a boon for Future Super, the fund says.

Westpac launches social term deposit

ELIZA BAVIN   The major bank has launched Australia's first Social Tailored Deposit, designed for those seeking investments focused on delivering improved social outcomes.

Aware Super, HESTA join forces against Woodside

ELIZA BAVIN   The super funds have voted against the re-election of the chair of the Woodside Energy Board's Sustainability Committee, saying the gas giant has failed to meet expectations on climate action.

Australian Ethical calls out QBE over climate risk concerns

ELIZA BAVIN   Australian Ethical has called on QBE to justify why it's allowing the continued unrestricted underwriting of new oil and gas projects.

Green moves: Agscent, HSBC

ELIZABETH FRY   ShareAction has slammed HSBC for backtracking on net zero promises and a former JP Morgan executive joins an agri-biotech firm at the forefront of sustainable farming.

Clean Energy Council chief resigns

KARREN VERGARA   The chief executive of the Clean Energy Council will step down after nearly 11 years at the helm.