We explore the topical Environment, Social and Governance issues of the day in Australia.
Each episode, Partners Timothy Stutt and Melanie Debenham are joined by an expert third wheel guest to explore the issues from their unique perspectives.
Mel is an expert on business-critical environment, planning, heritage and native title regulation in Australia. Tim specialises in ESG from a corporate governance perspective, including market disclosure, risk management and shareholder engagement/activism.
We wish to acknowledge the traditional custodians of the lands Mel and Tim are recording from, the Whadjuk people of the Noongar nation in Perth and the Gadigal people of the Eora Nation in Sydney. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of this country.
Episode 18 – The need for speed (and pragmatic pathways) with Dr Chris Greig, Princeton University
Tim Stutt and Kathryn Pacey are joined by Dr Chris Greig, Princeton University to discuss the energy transition, industry decarbonisation, technology and investment. Dr Greig shares the origin story and highlights of Net-Zero America, the research project that not only quantifies but visually displays five distinct technological pathways, using known technologies, by which the United States could decarbonize its entire economy by 2050. He breaks down the four make-or-break critical issues for energy transition: (1) the unprecedented speed and scale of infrastructure to be built; (2) a flow of risk capital never seen before; (3) maintaining the social contract with communities; and (4) major workforce mobilisation and a just transition for workers. Dr Greig underlines the importance of Australia’s strong ambition and domestic emissions targets to achieve speed and scale. As for achieving net zero and becoming a major exporter of low emission energy - you won’t have to wait long for the Net-Zero Australia study findings to be released in August 2022. To participate in HSF’s survey on unlocking ESG investment in Australia and gain access to exclusive insights email [email protected].
About Dr Chris Greig
Dr Greig is the Theodora and William Walton III, Senior Research Scientist at the Andlinger Centre for Energy & the Environment at Princeton University. He is an Adjunct Professor in the School of Chemical Engineering at the University of Queensland, from where he has a degree and PhD in Chemical Engineering. He is also a Fellow of the Australian Academy of Technology and Engineering. Dr Greig spent more than 25 years in industry, initially as Founder and CEO of a successful process technology company and later, in senior executive roles in resources and energy. He has also held a number of non-executive roles including Deputy Chairman of Gladstone Ports Corporation (one of Australia’s largest energy export hubs), Chairman of the Energy Policy Institute of Australia, and director of several engineering & mining firms.
Episode 17 – Australian federal election results with Kathryn Pacey
Mel and Tim are joined by Kathryn Pacey to break down an historic election where climate change featured prominently. The first six weeks of a new government have provided much to discuss including the Climate Change Bill to be introduced in the first week of parliament, a review to ensure the integrity of the carbon credit system (and similarly the Safeguard Mechanism), a $20 billion investment in transmission infrastructure and a raft of commitments in relation to green energy technologies. Along with the review of the Environment Protection and Biodiversity Conservation Act, a new environmental regulator and likely greater focus on action to benefit biodiversity.
Episode 16 – Uluru Statement from the Heart (Get Up! Stand Up! Show Up!) – NAIDOC Week 2022 with Gemma McKinnon and Kishaya Delaney
In recognition of NAIDOC Week 2022, Mel is joined by First Nations colleagues Gemma McKinnon and Kishaya Delaney for a timely discussion, given Australia’s evolving political landscape and new government following the federal election, about the Uluru Statement from the Heart and the important progress we might expect. They explain its origin, how a First Nations Voice to Parliament could be enshrined in the constitution and the proposed Makarrata Commission to oversee the process of treaty-making and truth-telling.
Episode 15 – Climate change and ESG litigation trends in the consumer sector with Jojo Fan and Mark Smyth
In this episode, Tim invites our disputes team to share climate change and ESG litigation insights. Jojo Fan from our Hong Kong office and Mark Smyth from the Sydney office discuss the rapidly increasing developments globally including greenwashing, inadequate disclosure and challenges for manufacturing and governments. They share their insights on what the future of climate litigation may hold for the consumer sector.
Episode 14 – Fix the workplace, not the worker with David Burroughs, Westpac
In this episode, our Employment, Industrial Relations and Safety team take the wheel, with Olga Klimczak and Nerida Jessup hosting special guest, David Burroughs, Chief Mental Health Officer at Westpac. It’s an important, and lively, discussion on how organisations are shaping work and workplace culture so that our jobs are ‘good’ for our mental health. David speaks candidly about the issues corporates are grappling with and cautions against feel good programs with high visibility, low impact. For companies getting it right – giving people the opportunity to genuinely thrive - the business case is profound for a strategy that encapsulates performance, productivity and mental health. And in a podcast first, David fact checks our closing remarks – you’ll want to note down ‘psychological agility’!
Episode 13 – Australian Federal Election with Graham Phelan, Frontier Economics
Mel and Tim discuss a key battleground ahead of the election, climate change action, with Graham Phelan, ESG Lead for Frontier Economics. Graham takes a look back at previous election results to predict whether climate change action and the recent natural disasters will influence the 2022 election outcome – and considers if it’s time to put carbon pricing back on the agenda. Graham discusses the importance of ESG for Australia’s international competitiveness and the proactive measures being taken by businesses and financial regulators to protect the economy and environment. Lastly, we touch on the issues impacting voters’ hip pockets – inflation, interest rates, petrol and (of course) beer prices.
Episode 12 – Authenticity with James Palmer
Tim and Mel discuss corporate purpose with HSF’s previous Chair and Senior Partner, James Palmer, one of the UK's leading M&A, capital markets and corporate lawyers, with deep experience in corporate governance and regulation. James explores the overall framing of ESG, and the importance of approaching company strategy with purpose and authenticity. James speaks with passion on navigating the ethical dimension of ESG issues, from “just transition” in the energy sector through to Russia’s invasion of Ukraine.
Episode 11 – #BreakTheBias with Rebecca Maslen-Stannage and Andrew Pike
In this episode, Mel celebrates International Women’s Day 2022 with HSF’s Chair and Senior Partner, Rebecca Maslen-Stannage and Andrew Pike, Executive Partner for Asia and Australia. Rebecca and Andrew share some personal reflections on progress made, and remaining challenges, in achieving lasting change in the legal profession. They discuss the importance of a diverse and inclusive culture to #BreakTheBias (this year’s theme) - including the importance of acknowledging bias still exists and “calling it when you see it”.
Episode 10 – All eyes on COP27 with Silke Goldberg
In the first episode for 2022, Tim and Mel are joined by Silke Goldberg, HSF’s Global Head of ESG and Climate Change practice lead. Silke embarks on some time travel to tackle the big ESG questions. After a ‘COP of two speeds’ last year, Silke asserts there is everything to play for at COP27 in Egypt this November, including investment opportunities and the final building blocks for a long-awaited global carbon market.
Listen to our 2021 episodes below.
Episode 1 – Inaugural episode with ESG insights from Herbert Smith Freehills CEO Justin D’Agostino
Episode 2 – Mandatory ESG due diligence developments in the EU with Herbert Smith Freehills Head of Global Business and Human Rights practice Antony Crockett
Episode 3 – Innovation in Modern Slavery with Human Rights Resources and Energy Collaborative’s Shaeron Yapp and Gemma Wilford
Episode 4 – Climate change litigation with Mark Smyth
Episode 5 – The future is now! Renewable energy in Australia with Dr Cameron Kelly, Australian Renewable Energy Agency
Episode 6 – Asking the right questions with Brooke Massender, Global Head of Pro Bono for Herbert Smith Freehills
Episode 7 – It’s not about the money, money, money with Lewis McDonald, Global Head of Energy for Herbert Smith Freehills
Episode 8 – Enough is enough with Olga Klimczak, Executive Counsel, Employment, IR and Safety for Herbert Smith Freehills
Episode 9 – Wiyi Yani U Thangani (Women’s Voices) with Charlee-Sue Frail, Former advisor of Wiyi Yani U Thangani and Dusseldorp Forum board member
Episode 10 – All eyes on COP27 with Silke Goldberg, HSF’s Global Head of ESG and lead for the firm’s Climate Change practice