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The articles you read in 2020

RACHEL ALEMBAKIS  |  TUESDAY, 29 DEC 2020  |  NEWS
This year tested every principle of sustainability, from the bushfires that began the year to the COVID-19 pandemic. Far from shoving ESG down the agenda, the impacts of both crises proved a force multiplier for the impact of environmental, social and ...

Report calls out AIA's coal-based assets, policy

RACHEL ALEMBAKIS  |  TUESDAY, 22 DEC 2020  |  NEWS
... best practices such as the continued assessment and disclosure of our carbon footprint," a spokesperson told FS Sustainability. " We have already taken a number of steps in recent years to address the carbon intensity of our investment portfolio. This ...

T. Rowe Price joins Responsible Investment Association Australasia

RACHEL ALEMBAKIS  |  MONDAY, 21 DEC 2020  |  NEWS
... responsible investment. "Our investment team believes that, in a post-COVID world, understanding companies' long-term sustainability has become more important than ever in choosing businesses that can achieve long-term success," Hall said. "... In keeping ...

Government to launch inquiry into financial sector and climate risk

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
... resources sector and the regions in which they are based," Frydenberg said in a statement that was provided to FS Sustainability. The terms of the inquiry were not finalised as this article was published, but in media interviews, Pitt raised concerns ...

Green loans to finance light rail, battery storage

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
... certified as a green loan under the Climate Bond Initiative's Low Carbon Transport Criteria. The project incorporated sustainability principles during design and construction and is now running on 100% renewable electricity and utilising environmentally ...

Robeco launches SDG-linked credit income fund

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
Global fund manager Robeco has said that future product launches in Australia will all be linked to sustainability themes. Robeco has launched a new credit fund linked for the Australian market, designed to contribute positively to the United Nations' ...

Long short strategies used in environmental equities fund

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
... small as $200 million in market cap up to the largest global MNCs. "One of the reasons we tried to focus on the sustainability area exclusively is the frustration we felt at seeing, within benchmark ESG portfolios, numerous assets that just don't make ...

DWS to use advisory board to accelerate ESG activity

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
... manager DWS will use an ESG advisory board to provide additional advice on how the fund manager can accelerate sustainability activities as part of its investment activities. Every organisation can get very internally focused, and you need people to ...

Industry considers Australian sustainable finance taxonomy

RACHEL ALEMBAKIS  |  THURSDAY, 10 DEC 2020  |  NEWS
... the various moving parts right," Higgins said. "By and large, the industry recognises that taking into account sustainability has gone well past being nice to have. Industry led initiatives generally have less friction in acceptance and adoption and ...

Cromwell Property Group sets net zero carbon target

RACHEL ALEMBAKIS  |  THURSDAY, 10 DEC 2020  |  NEWS
... target of achieving a net zero carbon emission target by 2050. Cromwell has disclosed its target and progress across sustainability metrics in its 2020 sustainability report. The property group acknowledged the impacts of COVID-19 on its operations ...