REST case to set climate risk precedent

In a world first, 23-year-old Mark McVeigh has filed a legal action alleging the trustee of his retirement fund, the Retail Employees Superannuation Trust (REST), breached the fiduciary duties owed to him by failing to adequately consider climate change risks. 

Companies go green to improve operations and make more money

Companies say they are finding no shortage of financial backing for green projects like reforestation. 4 out of 5 Australian businesses want to meet common industry standards for sustainability and 1/4 are altering their supply chains to be more environmentally

City of Melbourne hits 100% renewable energy

Melbourne the second most populous city in Australia is kicking off 2019 with the news that 100 % of the its operations are now powered by 100 % renewable energy – an Australian first. “Every light on our streets, every treadmill in

How The Crossbench Saved Renewable Energy In Australia

How The Crossbench Saved Renewable Energy In Australia

A new report from The Australia Institute (TAI) reveals the crucial role the Senate crossbench has played in securing billions of dollars of investment in Australia’s renewable energy industry. “When they came to power, the Coalition tried to take an

Is ethical investing about to take off in Australia?

Ethical or ‘responsible’ investing has been slow to take off among Australian investors, but that could change in the wake of findings from the financial services royal commission. According to analyst James Tayler of Morphic Asset Management, ethical investing will

New trademark for tobacco free funds a win for ethical investors

Australia’s Competition and Consumer Commission has proposed to accept a charitable organisation’s application to create certified trademarks that can be used by fund managers and financial institutions to signify their investment status in tobacco products. Tobacco Free Portfolios Limited, a

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