FS Sustainability

TotalEnergies ordered to map Scope 3 emissions by Paris Court

RIDDHIMA TALWANI   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.

Report targets fossil fuel outreach

VINNY VUCAGO   Fossil fuel companies are reaching millions of Australian children through schools, museums, sporting clubs and educational programs, prompting fresh calls for tighter oversight of industry engagement with young people.

Broad exclusions in defence investing don't work anymore: Experts

RIDDHIMA TALWANI   The Future Fund confirmed it has not reviewed its exclusions framework in defence investments recently, the Senate Committee heard in late May.

ACCC sues Grill'd over alleged 'greenwashing' tree-planting promotion

VINNY VUCAGO   The Australian Competition and Consumer Commission (ACCC) has launched Federal Court proceedings against Grill'd, alleging the burger chain misled consumers about the extent of donations made under its Tree Day Tuesday environmental campaign.

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.

New initiative to improve First Nations women participation in business

MATTHEW WAI   First Nations Economics and Indigenous Business Australia have partnered to launch a new program to enhance First Nations women in business financial basics.

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.

Investment groups form alliance against modern slavery

MATTHEW WAI   A joint letter combining over 100 signatories of institutional investors, businesses, unions and related organisation was sent to the government advocating for reform to address underlying risks in modern slavery.

Australians take climate fight to UN

VINNY VUCAGO   Ten Australians have lodged a complaint with the United Nations Human Rights Committee, alleging the federal government is breaching its human rights obligations by continuing to approve and support new fossil fuel projects.

Australian government backs EV battery manufacturing

RIDDHIMA TALWANI   The government's Australian Renewable Energy Agency (ARENA) has backed commercialisation of Australian EV batteries producer under the Future Made in Australia agenda.

Pendal backs Australia's sovereign green bond

MATTHEW WAI   Pendal Group has invested in the Australian government's inaugural green bond to support the nation's transition to a low-carbon economy.

Koda Capital names head of responsible investments

RIDDHIMA TALWANI   Koda Capital has named Kate Turner as the head of responsible and impact investments and partner.

U Ethical appoints distribution lead

VINNY VUCAGO   U Ethical Investors has appointed veteran funds management executive Stuart James as head of distribution, as the firm continues to build out its leadership team and pursue its next phase of growth.