A federal court in Australia imposed a A$10.5 million (USD$6.7 million) penalty on superannuation fund Active Super trustee LGSS, after finding that the firm had engaged in greenwashing by continuing to invest in securities in areas that it had claimed to eliminate for environmental or social reasons. The ruling follows the filing of a suit in 2023 by Australia’s corporate,…

Many businesses recognise the importance of sustainable infrastructure, but proving its financial value remains a significant challenge. While decision-makers might support sustainability in principle, securing financial buy-in often requires addressing common objections related to cost, measurement difficulties, and perceived misalignment with business goals.

UBS revealed in its 2024 Sustainability Report that it has pushed back its target to achieve net zero greenhouse gas (GHG) emissions in its operations by 10 years to 2035, from its prior 2025 goal, attributing the change largely due to the effect of the bank’s acquisition of Credit Suisse. The bank also withdrew a target for its Asset Management…

Sustainability is no longer just an ethical choice – it’s a financial one. As companies invest in sustainable infrastructure, decision-makers must justify these expenditures to investors, executives, and other stakeholders. But how can you effectively demonstrate the financial returns of sustainability investments?

Sustainability reporting is evolving. As businesses face growing pressure to report on their social and community impact alongside environmental metrics, many struggle with data collection, compliance, and analysis. That’s where Rio comes in.

While most enterprises are familiar with environmental reporting, social and community impact metrics present a new set of challenges. From data collection difficulties to evolving regulatory requirements, businesses often struggle to integrate social impact into their sustainability strategies.

Sustainability reporting has traditionally focused on environmental metrics such as carbon emissions, energy usage, and waste management. But as stakeholders demand a more holistic view of corporate responsibility, organisations must also measure and report on their social and community impact. So, how can businesses integrate social reporting alongside environmental metrics?