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The implications of Australia's new carbon emissions target for bond investors

DAVID MCNEILL  |  WEDNESDAY, 5 APR 2023  |  NEWS
In September, legally binding emissions reduction targets for 2030 and 2050 were set by Australia's House of Representatives as part of a Climate Change Bill. This provides overarching legislation to implement Australia's net-zero commitments and codifies ...

Fund Manager round up: Maple-Brown Abbot, Brookfield, Cultiv8

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
This week, Maple-Brown Abbott launched a repositioned sustainability fund, Brookfield made its first Australian renewables investment and Cultiv8 made three investments. Maple-Brown Abbott launched the Maple-Brown Abbott Australian Sustainable Future ...

RIAA hires head of certification

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
The Responsible Investment Association Australasia (RIAA) has recruited its new head of certification from the B Corp movement. Shalini Samuel joins RIAA as head of certification. She comes to the industry body from B Lab AANZ, where she was director ...

Karoon Energy aims for net zero 2035 target

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... fossil fuels, however there will still be demand for oil going out to 2050," said Ann Diamant, senior vice president investor relations and communications. "Following our strategic review we have moved away from exploration and are focusing on both organic ...

Market Forces asks for ASIC investigation of ANZ

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
Market Forces has asked the markets regulator to investing ANZ for making misleading representation regarding a resolution coordinated by the activist environmental advocacy group and proposed at the ANZ AGM in 2002. Market forces has asked ASIC to ...

The "Wild West" of "blue" investing

ROSE MARY PETRASS  |  WEDNESDAY, 5 APR 2023  |  NEWS
... economic zone in the world, is perfectly positioned to participate in the projected $100 trillion ocean economy. During an investor panel at the Australian National Maritime Museum in Darling Harbour, panel moderator was Ocean Decade Australia co-founder ...

ESG goes mainstream: How the role has changed and what lies ahead

ROSE MARY PETRASS  |  TUESDAY, 4 APR 2023  |  NEWS
... infrastructure assets to ensure long-term returns - especially for superfunds. Sellick predicts the role will focus on "helping investor teams to ensure those decisions that they make today deliver returns in five to 10 or 20 years time. Additionally ...

CEFC doubles investment in Artesian bond fund

RACHEL ALEMBAKIS  |  FRIDAY, 31 MAR 2023  |  NEWS
... has increased its allocation from $25 million to $50 million. As part of the investment, Artesian is developing a new investor impact tool to provide investors with "their own periodic impact report, so they can track the progress of emissions reduction ...

New Zealand regulator warns Vanguard for disclosure failure

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
New Zealand's market watchdog has pulled up Vanguard Investments for failing to officially inform them that ASIC had issued infringement notices relating to instances of greenwashing. The Financial Markets Authority (FMA) - Te Mana Tātai Hokohoko - ...

Investors flag decarbonisation, real world impacts as priorities

RACHEL ALEMBAKIS  |  THURSDAY, 30 MAR 2023  |  NEWS
Australian and New Zealand institutional investors are concerned about real world investment impacts, active stewardship and how to decarbonize their portfolios, according to Northern Trust Asset Management's global head of sustainability and stewardship. ...