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Opinion: Mind the gap: Investors continue to stall on climate action, despite sentiment confirming its risks

DAVID KLAUSNER  |  FRIDAY, 20 AUG 2021  |  NEWS
Ed. note: FS Sustainability is pleased to present this opinion piece from David Klausner, a director of thematic research at PGIM. The opinions expressed reflect his opinions only. Climate change is no longer a hypothetical risk. Whether assessing the ...

Countdown to 2050: the road to net zero

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
The year 2050 looms large in climate risk discussions. That's the year by which global economies, investors and companies have committed to taking action that would contain climate change to less than 2 degrees Celsius. For their part, super funds ...

Gender pay gaps "sabotage" diversity, profits: UniSA

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
Many ASX-listed firms are paying female executives 30-35% less than their male counterparts, and this gender pay gap impacts shareholder return, according to new research from the University of South Australia (UniSA). The study found that 80% of more ...

UniSuper updates progress on net zero target

RACHEL ALEMBAKIS  |  THURSDAY, 19 AUG 2021  |  NEWS
UniSuper has reduced its exposure to fossil fuel extraction to less than one percent of its overall portfolio, while 40 of its top 50 Australian investments have set targets aligned with the Paris Agreement. The $100 billion super fund has published ...

ESG funds, ETPs see billion-dollar inflows

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
Net flows to ESG funds and exchange traded products (ETPs) have shown strong growth overall in the last 12 months. According to research from Rainmaker Information, a net total of $1.9 billion have gone into ESG related unit trusts in the twelve months ...

Banks' role in global decarbonisation under spotlight

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
Banks are uniquely exposed to the risks of climate change, but uniquely placed to drive the transition to a low carbon future, according to Aviva Investors. "Banks are essential for the global economy," said Aviva Investors senior ESG analyst Richard ...

Fund manager sets gender diversity target

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
First Sentier Investors has set a target of 40% women in investment teams by 2033. First Sentier Investors' announcement comes as it becomes an inaugural signatory to the Financial Services Council Women in Investment Management Charter (WIM Charter). ...

Mercer names global head of sustainable investment research

RACHEL ALEMBAKIS  |  THURSDAY, 12 AUG 2021  |  NEWS
Mercer has created the role of global head of sustainable investment research as part of a global expansion in sustainable investment capabilities. Mercer has appointed Sarika Goel to the newly-created role of global head of sustainable investment research ...

ESG "the most important thematic for the next 30 years"

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
ESG is tipped to be the most important investment thematic for the next 30 years, according to Plato Investment Management. Managing director Don Hamson pointed to the surge in ESG investment and explained why the asset management industry must take ...

Women make strides on ASX300 boards, but cultural diversity lags

RACHEL ALEMBAKIS  |  THURSDAY, 5 AUG 2021  |  NEWS
The number of women on boards of ASX300 companies has risen by 60% in the past five years, but cultural diversity has not kept pace. The Governance Institute of Australia and Watermark Search International have released the Board Diversity Index, which ...