Learn More
<https://castlehalldiligence.com>
shutterstock_375019411

ESG Newsletter

    Geopolitical Risk Tops Insurers’ Asset Allocation Concerns

    2025-08-11

    Financial Newswire: The 2025 Australian Insurance Report found 82 per cent of insurers had reworked their asset allocation strategy as a a result of the investment risk posed by geopolitical tension, overtaking both inflation and recession concerns.

    Read more...

    KKR Commits $335 Million to CleanPeak Energy in First Asia-Pacific Climate Investment

    2025-07-29

    ESG News: Global investment firm KKR has announced a A$500 million (US $335 million) strategic investment in CleanPeak Energy, marking the launch of a new distributed energy platform in Australia and KKR’s first Asia-Pacific deal under its Global Climate Transition strategy.

    Read more...

    Macquarie Acquires Renewable Energy Asset Optimization Platform Erova

    2025-07-28

    ESG Today: Australia-based global financial services group Macquarie announced an agreement to acquire Ireland-based renewable energy asset optimization company Erova Energy, citing opportunities to scale its platform to new markets.

    Read more...

    Australia Launches Sustainable Finance Taxonomy

    2025-06-17

    ESG Today: The Australian Sustainable Finance Institute (ASFI) announced the release of the Australian sustainable finance taxonomy, a new voluntary classification system for categorizing green and transition-focused economic activities, aimed at improving transparency and facilitating capital flows towards Australia’s climate goals.

    Read more...

    KKR Acquires Leading Australian Independent Power Producer Zenith Energy

    2025-06-16

    Business Wire: KKR, a leading global investment firm, announced the signing of definitive agreements to acquire Zenith Energy (“Zenith” or the “Company”), a leading independent power producer (“IPP”), from a consortium including Pacific Equity Partners, OPSEU Pension Trust (“OPTrust”), and Foresight Group (together the “Consortium”), with Zenith’s founder and management retaining a minority stake.

    Read more...

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

    2025-03-18

    ESG Today: 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.

    Read more...

    Macquarie Exits the Net Zero Banking Alliance

    2025-02-12

    ESG Today: Australia-based financial services group Macquarie announced that it has decided to leave the Net-Zero Banking Alliance (NZBA), expanding what had been a primarily North America-focused series of exits from the UN-backed coalition of banks dedicated to advancing global net zero goals through their financing activities.

    Read more...

    Super Withdrawal Proposal Risks Gender Economic Abuse: WIS

    2024-10-17

    Financial Newswire: Women in Super chief executive, Jo Kowalczyk, said the proposal shines a light on the inadequate funding for crisis support and affordable housing that is unable to support single and divorced women and may result in them falling into poverty or having to endure violence.

    Read more...

    ASIC's Vanguard Greenwashing Action Results in Record $12.9 Million Penalty

    2024-09-25

    Australian Securities and Investments Commission: The Federal Court today ordered Vanguard Investments Australia to pay a $12.9 million penalty for making misleading claims about environmental, social and governance (ESG) exclusionary screens.

    Read more...

    Australia Watchdog Warns Funds on Greenwashing as Cases Pile Up

    2024-08-22

    BNN Bloomberg: Australia’s corporate watchdog urged the country’s financial services industry to do more to crack down on greenwashing, after taking action in dozens of cases.

    Read more...

    About Castle Hall Diligence

    Castle Hall helps investors build comprehensive due diligence programs across hedge fund, private equity and long only portfolios More →

    Subscribe to Weekly ESG Updates