Asset owners embrace sustainable investment

Warakirri Asset Management has added a 200-hectare aggregation of three orchards, mainly kiwifruit, with some nashi and corella pears as well as jujubes, to its farmland fund.

Westpac's former chief sustainability officer is now at Alphinity Investment Management, while the Climate Change Authority has a new member. Australian Ethical also has a new board director.

As the world gets warmer, new risks are facing institutional investors, according to an updated climate scenarios report from Ortec Financial.

Emmi estimates that the private equity sector has left three billion tonnes of carbon footprint, but more precise figures are difficult to obtain in the opaque asset class.