New research from global business software company SAP has revealed that 86% of Australian organisations see a positive connection between sustainable business actions and profitability, but a lack of reliable data to measure ROI is holding back investment decisions.
The NSW government investment manager, TCorp, issued another $2 billion in sustainability and green bonds in FY2022 and reduced the carbon intensity of its $25 billion market equities portfolio by 30%, according to TCorp CEO David Deverall.
More than half of Herbert Smith Freehills' major corporate clients have had to abandon proposed ESG investments over the past two years because of the lack of certainty over government policy and long term ROI, according to a new study by the law firm.
Tiverton Agriculture Impact Fund plans to raise around $20 million in new capital to move to 100% of specialist offsets company Carbon Neutral and increase its shareholding in global soil carbon measurement specialist, Downforce Technologies.
NAB has assessed the decarbonisation transition of 86% of its largest greenhouse gas emitting customers, with the transport and supporting infrastructure sector still proving to be the worst performing sector.
