FS Sustainability

Grattan warns Australia must plan for a future with less gas

VINNY VUCAGO   Australia needs to stop assuming gas will remain a permanent feature of the energy system and begin actively managing its decline, according to new research from the Grattan Institute.

Top ASX200 contributors to biodiversity loss revealed

RIDDHIMA TALWANI   A latest report by Biodiversity Council found energy, materials, industrials and consumer staples consistently emerged as the highest impact sectors for biodiversity loss.

Traditional frameworks no longer suitable in new world: BDO

MATTHEW WAI   Australian organisations operating with a traditional risk management framework should look to rehashing the structure, as they were never designed to handle the growing collage of contemporary risks, according to new BDO research.

Lonsec launches governance tool as scrutiny of investment oversight intensifies

VINNY VUCAGO   Lonsec has launched a new investment governance solution aimed at helping financial advice licensees, trustees and investment committees strengthen oversight of approved product lists as regulatory scrutiny of investment governance continues to increase.

ART to employ more First Nations members into its workforce

MATTHEW WAI   Australian Retirement Trust has launched its second Innovate Reconciliation Action Plan, highlighting initiatives the super fund will complete by the end of 2028, including setting up a First Nations workforce target.

Climate reporting finally compares apples to apples: ASIC

RIDDHIMA TALWANI   ASIC commissioner Kate O'Rourke says the mandatory climate reporting introduced this year will help investors for the first time and provide a baseline for comparability and consistency on climate-related financial disclosures.

Wesfarmers partners for affordable housing venture

VINNY VUCAGO   Built Group and Wesfarmers have formed a 50:50 joint venture aimed at accelerating housing delivery through industrial-scale manufacturing, as Australia grapples with persistent supply shortages.

Greenpeace settles Woodside lawsuit

MATTHEW WAI   Greenpeace Australia Pacific has settled a lawsuit against ASX-listed Woodside Energy over alleged misrepresentation of its emission reductions targets.

Pension funds urged to measure and communicate broader social value

VINNY VUCAGO   Pension funds can play a greater role in addressing societal challenges without compromising investment returns or fiduciary obligations, according to a new report released by the International Centre for Pension Management.

What does a world with 'zero migration' look like?

RIDDHIMA TALWANI   Oxford Economics hypothesised an extreme scenario of "zero migration" globally and found while destination economies would see significant declines in output per capita, origin economies would have modest gains.

Munro expands access to climate focused fund

VINNY VUCAGO   The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

QIC seeks proposals for $200m energy fund

MATTHEW WAI   QIC is seeking proposals for the Queensland government's $200 million North West Energy Fund in delivering energy solutions and economic development opportunities across the region.

LGT taps sustainable investing specialist

VINNY VUCAGO   LGT Wealth Management has strengthened its sustainable investing capabilities with the appointment of former Wellington Management director Tessa Volkmer as head of sustainable investment, as demand for climate aware and impact focused portfolio strategies continues to grow among high-net-worth investors.

Rabobank names global chief sustainability officer

KARREN VERGARA   Rabobank has promoted a long serving leader to the executive role of chief sustainability officer.