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Investors call for leadership diversity at ASX300 listed companies

ROSE MARY PETRASS  |  MONDAY, 4 SEP 2023  |  NEWS
... Vision advocates for 40% identifying as women, 40% identifying as men, and 20% identifying as any gender. 60% of its 20 investment company members participated in the survey. One third of ASX 300 companies (36%) have set a gender diversity target of ...

Bank says fossil fuel exclusions "will bite" in the future

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... fuel divestment across the finance sector. "It's been clear to us since 2014 that the window is closing on any investment in the fossil fuel industry. It is getting towards zero. "I think everyone is working towards, eventually, zero funding in the ...

Sustainable, ethical super products fail performance test

RACHEL ALEMBAKIS, JAMIE WILLIAMSON  |  THURSDAY, 31 AUG 2023  |  NEWS
... performance test. Australian Retirement Trust's QSuper Socially Responsible option, three of Crescent Wealth's four investment options failed, as did two from Smart Future Trust's smartMonday range, and Cruelty Free Super's Growth option. ...

Australia the guinea pig for PRI sovereign engagement pilot

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023  |  NEWS
... organisations to the initiative. The program announced in September last year is facilitated by the Principles for Responsible Investment (PRI). 25 entities with US$8 trillion I (AUD $12.2 trillion) in assets under management (AUM) will collaborate on ...

Investors in hot seat over impact of 50-degree day

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
... communities. The impact of a 50 degree day is the subject of a climate risk simulation exercise at the AIST Superannuation Investment Conference 2023. Sister publication Financial Standard is the media partner for the conference. Facilitated by University ...

Regional renewable investments ramp up

ROSE MARY PETRASS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
... major resources companies. By 2040 the SWIS will need up to five times more electricity than is available today. The investment is expected to support around 1800 jobs and unlock regional economic development across the state. Most of the funding will ...

RBA sets 2030 net zero target

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023  |  NEWS
The Reserve Bank of Australia has committed to a 2030 net zero target for all Scope 1 and Scope 2 emissions. Speaking at the Sir Leslie Melville Lecture in Canberra, incoming governor Michele Bullock announced the target and said the central bank is ...

Australian self-directed investors lead world on ESG

ROSE MARY PETRASS  |  TUESDAY, 29 AUG 2023  |  NEWS
... of considerations for investments and trading. Australian investors lead, with 49% taking ESG into account in their investment considerations, while 26% see ESG as not important in their trading consideration set. Globally only one in three clients take ...

Bridging the ESG gap: strategies for institutional investors

ROSE MARY PETRASS  |  MONDAY, 28 AUG 2023  |  NEWS
... representing US$120 trillion in assets under management have now signed on to the UN-backed Principles for Responsible Investment (UN PRI). Institutional investors are well placed to implement ESG factors across asset classes. They encompass a diverse ...

Investors consider greenwashing when setting net zero targets

RACHEL ALEMBAKIS  |  THURSDAY, 24 AUG 2023  |  NEWS
... Claire LaBouchardiere reiterated to the audience at the Investor Group on Climate Change (IGCC) 2023 Climate Change and Investment Summit that greenwashing in all its forms - including greenhushing - remains a key priority in Australia. FS Sustainability ...