FS Sustainability

AMGC, ARENA launch $10m fund for industrial decarbonisation

MATTHEW WAI   Advanced Manufacturing Growth Centre (AMGC) has launched a $10 million fund with the backing from Australian Renewable Energy Agency (ARENA) to help accelerate industrial decarbonisation through co-investment in smaller manufacturing facilities.

Microsoft emissions jump on data centres buildout

RIDDHIMA TALWANI   Microsoft has reported a jump of 25% in its total greenhouse gas emissions in the financial year 2025.

US-based firms claim top spots in ASX remuneration ranking: ACSI

KARREN VERGARA   The chief executives of US-based companies are increasingly taking over the ranks of the highest-paid ASX bosses, as for the first time in the study's history, 50% claimed the top 10 spots in the Australian Council of Superannuation Investors' (ACSI) annual pay study.

EU to ease sustainability reporting burden on firms

RIDDHIMA TALWANI   The European Commission has adopted a revised European sustainability reporting standard (ESRS) and a voluntary reporting standard for smaller companies.

Deloitte launches AI tool to measure value of sustainability

VINNY VUCAGO   Deloitte has launched a new framework and artificial intelligence (AI) powered platform designed to help organisations quantify the financial value of sustainable investments.

Super funds join calls for better methane emissions disclosures

MATTHEW WAI   Institutional investors representing over $14 trillion in assets under management have come together to signify the importance in methane emission disclosure among metallurgical coal and steel providers.

CEFC, Aviva Investors partner to afforest Tasmanian wetlands

RIDDHIMA TALWANI   The Clean Energy Finance Corporation (CEFC) is partnering with Aviva Investors and Gresham House to invest $142 million in sustainable forestry plantations in Tasmania.

Government pushes for First Nations ownership in renewable projects

RIDDHIMA TALWANI   The Department of Climate Change, Energy, the Environment and Water (DCCEEW) is adopting a pilot initiative to help First Nations communities benefit from Australia's clean energy future.

Government delivers more 'teeth' to modern slavery act

RIDDHIMA TALWANI   Large corporates with annual consolidated revenue of over $100 million will face a criminal offence where they fail to prevent modern slavery in their supply chains, the government said.

Performance incentives may undermine honesty: Study

VINNY VUCAGO   A new study from the University of Technology Sydney (UTS) is challenging one of the most influential ideas in modern economics, arguing trust and professional integrity may, in some cases, deliver better organisational outcomes than performance-bases incentives.

Australian Ethical adds $1bn to FUM in three months

MATTHEW WAI   The ethical manager wrapped up the financial year with a strong performance, gaining almost $1 billion in FUM to $14.5 billion from the March quarter.

Lower battery costs advancing Australia's net-zero goals: CSIRO

VINNY VUCAGO   Renewable energy backed storage remains the lowest-cost pathway to achieving Australia's net zero electricity system, according to the latest GenCost report from CSIRO and the Australian Energy Market Operator (AEMO).

Campbell Global promotes new head of global acquisition

VINNY VUCAGO   J.P. Morgan subsidiary Campbell Global has promoted Michael Barbara to head of global acquisition.

ARENA reshuffles board with four senior appointments

VINNY VUCAGO   The Australian Renewable Energy Agency (ARENA) has unveiled a refreshed board, appointing Marianna O'Gorman as chair and Elizabeth O'Leary as deputy chair in the first all-female leadership team in the agency's history.