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Microsoft, CalSTRS Back $175 Million Natural Climate Solutions Strategy by Just Climate

Microsoft, CalSTRS Back $175 Million Natural Climate Solutions Strategy by Just Climate

Climate solutions-focused investment business Just Climate announced that it has raised $175 million for its Natural Climate Solutions strategy, aimed at directing capital to businesses focused on natural climate solutions to transform land use to achieve global net-zero and nature positive goals, while also delivering attractive returns. Investors backing the strategy include California State Teachers’ Retirement System (CalSTRS) as institutional…

Australia Court Fines Active Super A$10.5 Million for Greenwashing ESG Investing Claims

Australia Court Fines Active Super A$10.5 Million for Greenwashing ESG Investing Claims

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,…

Can a house divided fund a green future?

When world leaders agreed to a net-zero target by 2050 under the Paris Agreement, it seemed there was a broad consensus on protecting the planet. However, the reality of implementing these commitments has been one of divergence, resulting in red tape that risks suffocating the transition it was designed to support. Now, green finance is at a crossroads. Regulatory landscapes…

Beyond Carbon: How to Report on Social & Community Impacts Effectively

Beyond Carbon: How to Report on Social & Community Impacts Effectively

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?