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Investor toolkit to assist in engaging on Indigenous cultural heritage protection

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 OCT 2021  |  NEWS
The Responsible Investment Association Australasia (RIAA) has developed a toolkit for investors to use when engaging with companies on Indigenous peoples' rights and cultural heritage protection. The toolkit was produced by experts from organisations ...

CEFC allocates seed capital for lithium production technology

RACHEL ALEMBAKIS  |  TUESDAY, 26 OCT 2021  |  NEWS
... ground-breaking Novalith technology, we are backing the development of a competitive sustainable business of the future." Global battery uptake is expected to grow at least nine-fold over the next decade as the world increases its use of renewable energy.2 ...

Rest outlines net zero scenario, impacts

RACHEL ALEMBAKIS  |  THURSDAY, 21 OCT 2021  |  NEWS
... could be nearly two percentage points higher by 2040 if the world acts to achieve the Paris Agreement goals and contain global warming to less than 2 degrees Celsius. The average 48-year-old Rest member has an account balance of $67,000. The average ...

NAB, Ramsay Health Care in ESG derivative transaction

RACHEL ALEMBAKIS  |  THURSDAY, 21 OCT 2021  |  NEWS
... sustainability improvement targets that are both credible and ambitious, the same logic applies to a derivative," said NAB global head of sustainable finance David Jenkins. NAB announced in September that it would offer sustainability-linked derivatives ...

Alphinity highlights sustainability performance

RACHEL ALEMBAKIS  |  THURSDAY, 21 OCT 2021  |  NEWS
... Cairns said. The report also explained Alphinity's use of the Sustainable Development Goals (SDGs) in its domestic and global equity finds. Alphinity launched the Global Sustainable Equity Fund earlier this year, and it is a concentrated fund seeking ...

Companies fall short on net zero commitments: ClimateWorks

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 OCT 2021  |  NEWS
... Australian companies are not yet ambitious enough for Australia to meet international obligations, or play its part in limiting global temperature rise. In their analysis, "companies are consistently underestimating how significant the change needs to ...

Australia among "least attractive" countries for green investment: report

RACHEL ALEMBAKIS  |  TUESDAY, 19 OCT 2021  |  NEWS
... one of the least attractive countries for green investment, according to an assessment of G20 countries by three major global investor groups. The Investor Group on Climate Change (IGCC), the Asian Investor Group on Climate Change (AIGCC), and Ceres ...

CEFC in $50m agri-platform investment

RACHEL ALEMBAKIS  |  TUESDAY, 19 OCT 2021  |  NEWS
... climate change. The CEFC made the allocation to the Transforming Farming Platform alongside an initial $50 million from global agricultural impact fund the Kempen SDG Farmland Fund. The platform will be managed by Gunn Agri Partners, an Australian-based ...

Baring Private Equity Asia inks multi-billion dollar SLL

RACHEL ALEMBAKIS  |  THURSDAY, 14 OCT 2021  |  NEWS
Baring Private Equity Asia (BPEA) has established a sustainability linked loan (SLL) worth up to US$3.2, with initial commitments of approximately US$1.5 billion. The SLL facility is linked to sustainability performance targets that will reduce the ...

ESG managed funds see surging inflows: Calastone

RACHEL ALEMBAKIS  |  THURSDAY, 14 OCT 2021  |  NEWS
... inflow to ESG funds," said Calastone head of Australia and New Zealand Ross Fox. "Australia has lagged a long way behind its global peers in this area over the last two years, but this may be the beginning of the catch up. In the UK, almost $6 in every ...