Environmental activist group Market Forces accused Australia’s 30 biggest superannuation funds of greenwashing while actually increasing their exposure to fossil fuel companies.
In the emissions-intensive construction sector,property giant Stockland believes the way forward is through diversity and inclusion.
‘Unrecyclable’ discarded pizza boxes are a manifestation of the sustainability challenges facing the fast-food sector,but Domino’s challenges run deeper.
Bendigo Bank has enjoyed a more ‘wholesome’ grassroots reputation than its big four peers. But its sustainability goals are just as ambitious.
An ASIC review has resulted in a number of funds paying fines and,for the first time,a manager being taken to court over allegations of greenwashing.
UK-based investment firm Snowcap wants Santos to stop major new fossil fuel projects,invest in high-return,low-emissions projects,and return cash to shareholders.
The financial market regulator says Mercer was investing in companies such as BHP and AGL while marketing an investment product as being suitable for members who “are deeply committed to sustainability”.
While recent ESG fund returns have been poor,sustainable investing is a long-term trend unlikely to reverse course.
While the world’s largest money manager is taking fire in the US over its focus on environmental and socially progressive investing,it has found fertile ground in Australia.
The world’s largest money manager,BlackRock,is under fire from Republican officials in the US as sustainable investing comes under severe scrutiny.
A sustainable finance expert wants the super fund to ensure its investments better align with the goals of the Paris Agreement.