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Anna Bligh, CEO of the Australian Banking Association, at the Financial Review ESG Summit this week.

How a banker, coal owner and pokies baron passed the ESG pub test

As the saying goes, the public is the only critic whose judgment is worth anything at all.

Guy Debelle has been co-chair of the ASFI Taxonomy Technical Body for the past 20 months.

Miners set for green investment boost from new classification system

New guidelines developed with Treasury will help banks and super funds reduce greenwashing by classifying economic activity based on its emissions profile.

Graeme Samuel, professor at Monash Business School, said the company director course run by AICD is about ticking a box.

Samuel: A fork in the eye is less painful than AICD director’s course

Former competition watchdog chief Graeme Samuel says executives would learn more about governance reading APRA’s report on CBA than doing the company directors course.

Managing the S in ESG is crucial to energy transition success

This isn’t about virtue-signalling or a box-ticking exercise. It is fundamental to ensuring long-term resilience and retaining a social licence.

Investors demand greater voice on ASX governance review

The review needs to give investors a greater say in how the regime is tied to company profits, Sandon Capital founder Gabriel Radzyminski says.

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This Month

Data centres are power hungry.

Big super warned that AI is a carbon ‘time bomb’

Corporate Australia has taken to artificial intelligence with zeal but not enough attention is given to the emissions it creates, says the Australia Institute.

Schneider’s Mike Cox says companies are no longer interested in the Climate Active program.

Corporates go cold on carbon neutral scheme

A top consultant says the government’s Climate Active program is no longer part of corporate decarbonisation plans.

AFR ESG SUMMIT 2025 Panel | Navigating sustainable growth: balancing governance and financial returns in ESG Speaking is Alice Bielawska, Director of Asia-Pacific Research, Glass, Lewis

Alice Bielawska, director of asia-pacific research advisory Glass Lewis said

Risk matters more than ESG label

How to balance good governance with financial return for shareholders remains a burning issue when it comes to ESG investing.

Debby Blakey, CEO, HESTA
Deborah Caudle, Chief Executive Climate Change & Sustainability, BlueScope, David Gillespie, Managing Director, Jemena
Andrew McKellar, CEO, Australian Chamber of Commerce and Industry.
Sally Patten, BOSS Editor, The Australian Financial Review Photo by Renee Nowytarger 17/06/25

‘No need for ESG any more’: Business doubles down on bottom line

Investors and CEOs say non-financial issues remain a key risk for businesses, but we may have outgrown the phrase ‘environmental, social, governance’.

Trump capitalised on the discontent over ESG and DEI throughout his campaign and has fully weaponised it in his second term.

Why ESG and DEI could be the next big business risk

The instinctive reaction to the ESG and DEI “vibe shift” in the US was to persist, defend the status quo, and write off what was happening over there as an isolated phenomenon.

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The planned closure of Origin’s Eraring power station is being scrutinised by the Net Zero Economy Authority.

Net zero chief’s warning on bungled energy transitions

The boss of Labor’s new net zero transition watchdog says Australians have little appetite to see regional communities struggle.

Rio Tinto’s new leadership team will need to confront its Juukan Gorge failings.

What RoboDebt, Hayne and Rio Tinto tell us about ESG’s limits

The reason today’s senior executives are ‘shy’ about ESG is that their efforts have not prevented major scandals.

AICD chair Naomi Edwards says that she would be open to annual elections of directors.

Directors’ club open to annual elections

Australian Institute of Company Directors chair Naomi Edwards says the business community could live with annual elections of directors.

May

Whitehaven argued that the Daunia, pictured, and Blackwater workers will be employed on terms “no less favourable” than under BHP’s ownership.

AustralianSuper invests in Whitehaven Coal, says it is ESG consistent

The big investor says it was drawn to the miner’s shift to metallurgical coal and remains committed to net zero by 2050 after buying shares last week.

April

The transition to a low-carbon future will see cross-industry collaboration and the pooling of resources, technology and expertise.

Navigating the ESG storm

The Australian Financial Review ESG Summit 2025, where Australia’s top leaders shape the future of responsible business in an era of rising scrutiny and accountability.

February

Barbara Crossley is the majority owner of Umwelt, an ESG consultant founded in Newcastle 30 years ago and expected to be valued at $100 million.

Newcastle-born ESG consultant Umwelt courts PE; $100m price tag tipped

Umwelt’s managing director Barbara Crossley, also a non-executive director at The University of Newcastle, has expanded it from a small, regional player to nine offices across the country.

January

Wall Street giants are walking away from green finance groups.

Corporate climate action was sidelined in 2024. This year may be worse

ESG and green concerns became relative afterthoughts last year. A Trump presidency may push them further into the weeds.

November 2024

Chris Ellison and Richard White have put a spotlight on ESG.

Founder problems? Pull the other one. Founder stocks are flying

Look at the companies whose shares have hit all-time highs this week and what do you see?

September 2024

ESG fights for its place in mining sector’s sacred tome

For decades, the JORC code has been the little-known foundation upon which $544 billion in market value has been built. Now it’s getting a big shake-up.

August 2024

Welcome to the nature positive investing movement

Institutional investors see natural capital as the next force in corporate governance, with big implications for companies growing and selling food.

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Glencore chief executive Gary Nagle has been surveying major shareholders on whether the company should spin off its coal mining division.

Glencore says ESG mood has ‘evolved’ and it will keep coal mining

The Swiss-based commodities giant had proposed spinning off the fossil fuel into a separate company but has decided to retain the division.

June 2024

Karen McWilliams, sustainability and business reform leader at Chartered Accountants Australia and New Zealand.

Boards plead with Labor not to rush broader sustainability rules

The warning from the Australian Institute of Company Directors came despite concerns Australia is “cherry-picking” global sustainability reporting standards.

Protestors at the Federal Court campaigning against Santos’ Barossa project.

Damning Tiwi Island judgment makes bank CEOs wary of in-person visits

Major lenders had promised to send bosses to meet traditional owners near Santos’ Barossa gas project. The Federal Court has made them reconsider.

Kate Turner of First Sentier says that while the importance of nature is intrinsically understood, it’s harder to account for it in a financial sense.

Nature the next frontier but boards lack skills

Biodiversity is critical for maintaining a liveable planet, but a deficit of skills at the board level is proving a roadblock in accounting for its value.

David Atkin says Australia should not “cherry pick” the sustainability reporting standards.

Australia is ‘cherry-picking’ sustainability reporting standards

It is one of few jurisdictions that has agreed to apply new reporting standards only partially, says former super fund chief David Atkin.

Original URL: https://www.afr.com/afrlive/esg-summit