Yesterday
Rest Super pumps $230m into ex-Macquarie banker’s climate capital firm
The industry superannuation giant will commit the funds to Wollemi Capital, the Sydney-based company founded by Tim Bishop.
June
Rebuilding battered WiseTech’s board, reputation is no small task
What’s more important? Who’s joining the global software company as a director or who’s leaving?
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.
May
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.
February
‘Sustainable’ investors flee references to climate change
Even the small activist firm that led the shake-up of ExxonMobil’s board in 2021 is distancing itself from ESG.
January
Can sustainable investing survive Trump 2.0?
The political backlash against ESG has intensified — but the sector is evolving.
Macquarie, IFM-backed net zero group suspends itself as Trump looms
The world’s biggest climate finance alliance cited “different regulatory and client expectations” in starting a review and making its membership list secret.
December 2024
ESG investing on shaky footing as green fatigue sweeps ETF market
Once attracting almost 20 per cent of inflows into exchange-traded funds, climate and social-focused strategies collected 3 per cent of new money this year.
November 2024
Five founders keeping the faith with investors
Corporate Australia has recently experienced a founder “killing season”, but these founder-led companies are still keeping shareholders happy.
October 2024
Future Group entertains IPO after strong quarter
Future Group founder Simon Sheikh isn’t sitting on his laurels waiting for sparks to fly.
Big super’s obsession with data centres comes with an energy warning
AustralianSuper poured $2.2 billion into a US data centre company this week, but ESG experts warn the energy-hungry assets could compromise net zero targets.
AustralianSuper ESG option invested in nuclear weapons: report
Australia’s 14 biggest superannuation funds are investing about $3.4 billion in nuclear weapons despite many promising to avoid controversial arms.
September 2024
Record $12.9m greenwashing penalty puts fund managers on notice: ASIC
Federal Court fined Vanguard $12.9 million for failing to exclude certain investments against ESG criteria and instead relying on third parties.
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.
Green super: Why investors hesitate to walk the talk
Lower investment returns and concerns about greenwashing are proving strong headwinds for green super.
This super fund creates positive returns – and social benefits
Within its $9b fund, Qantas Super allocated $600 million for social impact investing. This year it backed an aged care project, to improve quality of care.
Why the rich are decarbonising their portfolios
Wind and solar may have disappointed, but wealth managers see opportunity in areas such as waste management and disability housing.
July 2024
Funds hit as Trump shadow looms over green energy
Fund managers are scrambling to assess what a Republican win in November could mean for the billions of dollars earmarked for green investments.
June 2024
Ex-Magellan stock pickers partner with Bennelong to launch new fund
Kris Webster and Michael Poulsen each spent more than a decade at the investment firm before finally setting up their own shop last year.
Vision Super buys up Whitehaven shares
The fund, which sells itself to customers as environmentally conscious, has watered down its climate investment promises as “green hushing” continues to rise.