FS Sustainability

Budget 2024: A win for clean energy, not environment

ROSE MARY PETRASS   The Federal Budget is an "excellent down-payment" on clean energy - but fails on nature and biodiversity, gas, electrification, and ACCUs.

Plibersek threatens circularity laws

ROSE MARY PETRASS   Canberra warns if businesses don't step up it will revise legislation surrounding product stewardship and the circular economy to boost investor confidence.

Budget 2024: Regulators given boost to combat misconduct, cybersecurity

JAMIE WILLIAMSON   The government will provide $17.3 million over four years to ASIC and APRA to combat greenwashing and other related financial misconduct and help further develop Australia's sustainable finance market.

Stewardship resources should double

ROSE MARY PETRASS   Stewardship is under-resourced as investors grapple with assessing how organisations align with the ambitions of clients and beneficiaries.

Make sustainability sexy

ROSE MARY PETRASS   Sydney's inaugural Climate Action Week kicked off with a flurry of events across the city, including a panel with Planet Ark founder Jon Dee, and Green Building Council of Australia CEO Davina Rooney.

Companies warned to disclose nature risks

ROSE MARY PETRASS   Organisations must assess their nature-related dependencies, impacts, risks, and opportunities and disclose their findings to all stakeholders.

Impact investing drops down the list

ROSE MARY PETRASS   New global findings from a US$240 billion asset manager finds that persistent inflation and market volatility has investors' minds focused on returns rather than impact.

Members beef up ESG checks

ROSE MARY PETRASS   A new report reveals that investors are keener than ever to secure their financial future by investing responsibly and will pull their money if their manager doesn't do so.

Budget 2024: Additional $11.3bn promised for housing

ELIZA BAVIN   The Albanese government has made significant new housing investments in the Budget to help deliver a comprehensive Homes for Australia plan.

Doing better on First Nations heritage

ROSE MARY PETRASS   The destruction of Juukan Gorge in 2020 in the Western Pilbara was a flash point in awareness of First Nations heritage and engagement issues in Australia.

ESG managed accounts hit $16 bn

ROSE MARY PETRASS   BT Panorama reached a milestone in growth of its managed accounts, as funds under administration increased by 31% to $16 billion, and new ESG options were added.

Fund selection risk a material issue

ROSE MARY PETRASS   Investors face fund selection risk and a substantial disparity in performance when choosing sustainable investment strategies, especially when it comes to ESG exchange-traded funds (ETFs).

ESG jobs in 2024: Salaries, career tips and more

ROSE MARY PETRASS   In this episode of The Greener Way, we hear from Simon Gvalda, manager of the ESG and Responsible Investment Recruitment team at Kaizen Recruitment, who recently released their much-awaited salary guide for ESG roles in 2024.

ESG professionals' salary guide revealed

ELIZA BAVIN   Increasing demand for a better work-life balance has seen many ESG professionals looking to make a job switch, the newest Kaizen Recruitment salary guide found.