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Directors engage on breadth of ESG issues facing companies

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
Managing sexual harassment and psychological safety as part of occupational health and safety, focusing on diversity and inclusion beyond gender and seeking policy certainty through climate are all issues of concern for board members speaking at the ...

COP27 preview: loss and damage, action on commitments

RACHEL ALEMBAKIS  |  THURSDAY, 28 JUL 2022  |  NEWS
The next UN Climate Change Conference (COP27) in November is expected to focus on implementing commitments made at last year's conference, with the role of countries like Australia as well as investors and business to become enhanced. In preparation ...

ESG managed accounts drive strong growth: BT Panorama

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2022  |  NEWS
ESG-managed accounts on BT Panorama increased 150% in funds under management in the 12 months to the end of June 2022. BT Panorama reported that in total, managed accounts funds under management increased to $10.7bn during the year to end of June 2022 ...

Perennial awarded $100m Mercer mandate

RACHEL ALEMBAKIS  |  TUESDAY, 26 JUL 2022  |  NEWS
Mercer Investments has awarded a $100 million mandate to the Perennial Better Future Strategy. Perennial Better Futures is a boutique investment business owned by Perennial Partners. It includes the Perennial Better Future Trust and the associated active ...

Innova launches ESG model portfolios

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
Innova Asset Management has launched a range of ESG-focused model portfolios that will donate at least 20% of fund revenue to four identified Australian charities. The Innova Sustainable Future Managed Account Solution portfolios apply negative and ...

State of the Environment report a wake up call for business, investors

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
The dire findings from the 2021 State of the Environment have direct impact on Australian finance and business, with experts advising that investors and corporates should take stock of risks and steps to improve conservation. The 2021 State of the Environment ...

Consultation on faith-based products opens

JAMIE WILLIAMSON  |  THURSDAY, 21 JUL 2022  |  NEWS
Treasury has released draft legislation that would adjust how the Your Future, Your Super performance test is applied to faith-based products. The regulator has also launched a public consultation that will close on August 16. Under the legislation ...

Strong demand for ESG products, but education needed

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
Retail investors and financial advisers are reporting strong levels of action on ESG investing, but recent research suggests that both sides of the conversation are seeking further education and have doubts about greenwashing and alignment between personal ...

Resource efficiency a marker for investment performance: Osmosis

RACHEL ALEMBAKIS  |  THURSDAY, 21 JUL 2022  |  NEWS
Companies that are more resource-efficient, including efficiency in managing environmental factors, are more likely to provide stronger risk-adjusted returns, according to Osmosis Investment Management. Osmosis uses its in-house research process to ...

CBA expands ESG term deposit to foreign currencies

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 JUL 2022  |  NEWS
Commonwealth Bank of Australia (CBA) will broaden the offering of its ESG term deposit (TD) to international currencies including US dollars and euros. Since launch in December 2021, the ESG TD has raised more than AU$1.5 billion in funding, which is ...