Investment

Climate ETF smashes global record

BY ROSE MARY PETRASS | MONDAY, 16 DEC 2024 3:35PM

A climate-focused ETF has broken the world record on ETF launch funding, debuting with US$2.4 billion in assets from Finnish pension insurer Varma.

Upgrade your subscription to access this article

Subscribe to gain unlimited access to news, research and analysis of ESG factors for ASX listed companies and investors.

Become a premium subscriber today.

Already A Subscriber?

UPGRADE SUBSCRIPTION

Read more: Varma, Invesco, Brian Hartigan, Timo Sallinen, New York Stock Exchange

VIEW COMMENTS

Related News

►	Aussie funds loyal in climate group exodus
►	Investors bow to political pressure: IGCC
►	Investors exit climate group amid politicisation
►	Investors fail to vote for climate despite pledges
►	Climate group exodus unlikely to hinder climate action: IGCC
►	Global fund manager joins Climate Action 100+
►	NYSE joins UN Sustainable Stock Exchanges Initiative

Editor's Choice

Green moves: RIAA, Ownership Matters, Pollination Group

ELIZABETH FRY

Ross Piper is stepping down at the Responsible Investment Association Australasia, while Cbus and Pollination Group also see exits.

Westpac launches social term deposit

ELIZA BAVIN

The major bank has launched Australia's first Social Tailored Deposit, designed for those seeking investments focused on delivering improved social outcomes.

5000 European ESG funds investing in fossil fuels

JAMIE WILLIAMSON

Close to 5000 European funds being marketed as ESG hold interests in companies involved in fossil fuels, research shows.

Podcast: Understanding climate reporting

THE GREENER WAY

This episode of The Greener Way discusses the newly implemented climate-related financial disclosure standards in Australia with Nicholas Guest, co-lead of HLB Mann Judd's Sustainability Steering Committee.

Videos

Brought to you by

Under the hood

Entering a new era

No regrets

MORE VIDEOS

Whitepapers

Mans Carlsson

Head of ESG

Ausbil Investment Management

Decoding Trump 2.0 and the impact on ESG investing

From an ESG perspective, Trump's social, economic and political agenda will keep issues rich and complicated for companies and investors alike, and that ...

READ MORE

Hamish Chamberlayne

Head of Global Sustainable Equities

Janus Henderson Investors

Powering AI: An opportunity for investors?

Power availability is the biggest challenge for artificial intelligence (AI) growth.

READ MORE

Mans Carlsson

Head of ESG

Ausbil Investment Management

Modern slavery: Time for more action

There is little evidence that Australia's Modern Slavery Act 2018 (MSA) has helped reduce the prevalence of modern slavery.

READ MORE

Mirza Baig

Chief Sustainable Investing Officer

Aviva Investors

Nothing to fear: Sustainable investing trade-offs

Sustainable investing, and the supposed trade-offs involved, have been a topic of heated debate. But trade-offs are a fundamental part of all types of ...

READ MORE