Riaa: Sustainability Goes Mainstream


credit: USACE on Flickr

"Greenwashing" is the hot topic at this year's Responsible Investment Association of Australia (RIAA) conference, with topics including climate disclosures, modern slavery, and carbon offsets, Quartz reports.

RIAA co-CEO Estelle Parker says sustainability is "no longer in the side-lines, it's now mainstream, and companies are racing to net zero."

According to RIAA, more than 1,000 attendees are expected to attend the May 1 and 2 event in Sydney, where topics will include "greenwashing, geopolitical risk, climate disclosures, nature positive, modern slavery, carbon offsets workplace culture, and more."

RIAA's new Sustainability Classifications Initiative will be launched at the conference.

"We're really excited to be introducing this to the market to help consumers, financial advisers, platforms, and so on to discern the extent to which sustainability is a desired outcome in investment decision-making amongst RIAA certified products, which are the cream of the crop when it comes to responsible investments in our market," Parker says in a press release.

RIAA also plans to launch the "groundbreaking" Artificial Intelligence and Human Rights Investor Toolkit.

"As we follow the rise of AI as a catalyst for rapid and widespread change in society, the toolkit will provide investors

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