ESG
A 30-year veteran of ANZ and the bank’s most prominent climate face will depart under a series of changes being announced internally this week.
ISS Sustainability Advisory Services and activist shareholder group ACCR have both criticised the climate transition plan ahead of Friday's annual general meeting.
The rubber will soon hit the road for Pollination Group's climate fund manager as it readies a second natural capital strategy.
US private equity giant Kolhberg Kravis Roberts is on the hunt for more Asia-Pacific climate transition plays after scooping up Australia's CleanPeak Energy.
Heavyweight shareholders failed to compel Macquarie to step up its climate disclosures, but their protest vote suggests the Trump-driven backlash against ESG has not reached Australia.
Despite rising global political pressure — including from Trump’s anti-ESG movement — Australian banks are holding firm on net zero, but Scope 3 gaps remain.
Despite pulling back from public ESG advocacy, super funds are still investing with climate in mind, says GSFM investment strategist Stephen Miller.
The decision by all major US banks to pull out of a key climate alliance is the latest example of how Trump's re-election has accelerated corporate America's ESG reversal.
This earnings season, investors are looking for companies backtracking from climate commitments, while fund managers are applying added scrutiny to ESG strategy.
In the wake of the No vote on the Voice to Parliament, Powick is turning the firm's focus towards building economic prosperity for Indigenous Australians.
The finance sector is looking beyond box ticking for a competitive edge using social enterprises in their ESG programs. Budget measures help fuel the sector's growth.
ESG and energy regulation in Australia is moving at an unprecedented rate and large-law giant Herbert Smith Freehills is pushing itself to the forefront of the legal changes.
About 56% of Bitcoin is now mined using renewable energy, up from 34% three years ago. But the shift isn't because miners are environmental warriors.
Australia's super funds are joining a growing global trend for pension investors to exert direct influence on investee company strategy, especially on ESG matters. The next step may be agitating for seats on company boards.
On International Women's Day, the disconnect between what has become a tick-a-box exercise versus any meaningful solutions to the very real issues facing women in corporate Australia has become jarring.
While AI's impact on the legal industry shows no sign of easing in 2024, large law firms expect cybersecurity, ESG work and transactions to dominate the year ahead.
The pricing, in the low double-digit percentage mark, is considered cheap for coal financing, suggesting competition among private credit to supply the loans.
Shemara Wikramanayake tells Capital Brief she isn't worried about the backlash against woke capitalism and sees green opportunities ahead.
Special situations groups are watching coal terminals, which may face a difficult refinancing environment
Lazard Asset Management has embedded ESG into its investment process. But it is witnessing an emerging split in the US on the issue.
WICET now faces industrial action and a new majority owner of one of its shippers, while one of WICET's lenders sold out due to ESG concerns
Queensland's WICET has begun talks for an early refinancing in a major test of market appetite for exposure to coal.
US chemicals giant Albemarle's $6.6 billion bid for Liontown Resources has created a M&A window for junior lithium miners that may not stay open for long.
BHP is set to select a preferred bidder for its Daunia and Blackwater coal mines in coming weeks, and private credit funds are expected to play a key financing role.
