[i3] Sustainability

The revelation that many of Australia’s biggest companies - Telstra, Australia Post, PwC and The NRMA - have quit a government-run #carbon offset scheme is real-world, real-time proof that carbon credits don’t work, according to The Australia Institute https://lnkd.in/giQBir6W

A opportuitunity to lead the University of Melbourne's #sustainability vision and strategy https://lnkd.in/gzBdeXcn

As an investor, be intentional about the risks that you take. Because if you do it more naively - throw out the high #carbon emitters and distribute portfolio weights proportional across the remaining universe - you don't cover the risks to your portfolio, explains Northern Trust Asset Management's Guido Baltussen https://lnkd.in/gb5XDCNN Theresa Hoogland Bert Rebelo

Out of the three mature #renewable energy sectors in Australia – hydro, solar and wind – #solar makes up the smallest part of Foresight Group's domestic renewables fund’s portfolio, explained Daniel Beaver in a recent interview with [i3] Insights https://lnkd.in/gny96cjp Andrew Heyden, CIMA®

Calls for pensions to divest from Tesla are increasing as the stock declines and CEO Elon Musk becomes more involved in global politics. So far, the $20 billion Danish #pension fund, AkademikerPension, has announced plans to sell off its small stake in Tesla and blacklisting the company. However many investors see #divestment as largely symbolic, with minimal impact on the company or broader market dynamics. https://lnkd.in/gy9tmrcV

What do we get wrong when we talk about ocean #plastic? A lot, it turns out, according to Business Insider Producer Elizabeth McCauley https://lnkd.in/ewS67K4d

Clean Energy Finance Corporation, the Australian government’s $33 billion green bank, has shifted towards supporting household #electrification and major poles and wire projects vital to Australia’s green #energytransition, after moving on from large-scale #solar and standard #batteries that are now established technologies. https://lnkd.in/grts2fts

Being climate-aware is not simply a matter of applying a single tweak to return assumptions. It will require an evolution of existing #valuation approaches, JANA Investment Advisers’ Christopher Worthington wrote in an earlier op-ed https://lnkd.in/g2wfAcd2

Australian #superannuation fund Active Super has been hit with a $10.5 million penalty for #greenwashing. https://lnkd.in/gdKuuuRh

Climate hypocrisy? Tens of thousands of acres of protected Amazon #rainforest are being cut down to build a four-lane highway for the COP30 #climate summit. https://lnkd.in/ga9Ep8TJ