This year's Global 100 rankings of the most sustainable corporations has revealed an ongoing correlation between environmental business and high returns, with Australian logistics operator, Brambles continuing its climb up the table despite increasing competition.
Chairmen of three of the big four Australian banks told shareholders this week that it would be irresponsible to hastily cease funding fossil fuel companies and large emitters, and against the best interests of society and the banks’ shareholders.
Companies that have made significant "early mover" investments in reducing their carbon emissions shouldn't be penalised in the looming changes to the safeguard mechanism, Orica chairman Malcolm Broomhead told the company’s AGM today.
Westpac is well advanced on developing its own criteria for assessing what constitutes sustainable finance ahead of the imminent release of the Australian Sustainable Finance Institute’s draft guidelines.