Latest Sustainability And Climate News

New Zealand King Salmon reported an FY25 net loss driven by a shortened reporting period and biological challenges, while advancing its Blue Endeavour pilot project despite delays. The company projects a cautious recovery in FY26 with EBITDA guidance between NZD 9 million and 15 million.

Wagners Holding Company Limited reported a strong FY25 with profits more than doubling, driven by robust construction demand in Southeast Queensland and growth in composite fibre technologies. The company raised $30 million to expand its concrete plants and composite production capacity, positioning for further growth in FY26.

New Hope Corporation Limited posted a slight dip in revenue and net profit for FY2025 but achieved a notable 18% rise in saleable coal production, driven by growth at New Acland Mine and steady output at Bengalla Mine.

Lynas Rare Earths reported a 20% revenue increase in FY25 driven by higher NdPr sales, yet net profit fell sharply amid ramp-up costs and market challenges. The company completed key growth projects and unveiled its Towards 2030 strategy focused on downstream expansion.

MAC Copper Limited reported a 10% revenue decline but narrowed its net loss by 25% in HY25, achieving record daily copper production and advancing its acquisition by Harmony Gold.

Chorus Limited reported a resilient FY25 with modest revenue growth, increased fibre uptake, and a positive net profit, while advancing its all-fibre strategy and sustainability commitments.

Whitehaven Coal reported a 53% revenue increase to $5.83 billion in FY25, driven by full-year contributions from its Queensland acquisitions. Despite a cyclical price downturn, the company strengthened its balance sheet and declared a fully franked final dividend of 6 cents per share.

Auckland International Airport reported a 12% revenue increase to NZD 1 billion and a 12% rise in underlying profit, driven by growing passenger numbers and strong commercial performance. The airport is progressing a major infrastructure program while achieving significant emissions reductions.

Dexus posted a 5.4% rise in revenue for FY25 but reported a substantial net loss driven by impairments, while increasing distributions to security holders.

Insurance Australia Group Limited (IAG) reported a 51.3% rise in net profit after tax for FY25, supported by premium growth, improved margins, and key strategic alliances. The company also advanced its sustainability agenda with full renewable energy procurement and emissions reductions.

Commonwealth Bank of Australia (CBA) reported a strong 2025 financial year with a statutory net profit after tax of $10.1 billion, maintained capital strength, and progress on ambitious climate and sustainability goals.

Oceania Holdings Limited showcased robust operational progress and a strategic pivot towards portfolio modernization at its 2025 Annual Meeting, while announcing a new cost savings program and withholding its final dividend for FY25.