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Venture capital takes on impact investing

RACHEL ALEMBAKIS  |  THURSDAY, 2 SEP 2021  |  NEWS
Venture capital is pushing further into the impact investing sector, with one VC firm announcing a second impact fund while a second VC firm announces a responsible investment policy. Giant Leap, which pioneered the first impact VC fund in Australia ...

Responsible investment surges past $1tn mark: RIAA

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 SEP 2021  |  NEWS
... the one-, three- and five-year time horizons, similar to 2019. However, it was a different story in the Australian share fund market, where responsible investment funds remained on par with the Australia Fund Equity Large Blend but underperformed the ...

PRI augments Australian team with hires

RACHEL ALEMBAKIS  |  TUESDAY, 31 AUG 2021  |  NEWS
PRI has hired a head of APAC policy among other roles designed to augment its capacity in Australia. Daniel Wiseman joins PRI on 13 September in a newly created role as Head of APAC Policy. He will be based in Melbourne and will oversee the management ...

NSW Land Registry Services in $300m sustainability linked loan

RACHEL ALEMBAKIS  |  FRIDAY, 27 AUG 2021  |  NEWS
NSW Land Registry Services has secured a $300 million Sustainability Linked Loan (SLL) pegged to the development of a Reconciliation Action Plan and other ESG metrics. Additional sustainability metrics focus on greenhouse gas emissions reduction, gender ...

Greenwashing a challenge to sustainable investing

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
A majority of Australian investors believe engaging on climate change or use of fossil fuels are the most important stewardship topics, but also believe greenwashing is a major challenge, according to Schroders. Schroders has released its latest Institutional ...

Wealth managers under pressure on returns, ESG: Accenture

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
... from investors to expand their ESG offerings to deliver returns from the "right" types of products and also want passive fund holdings to drive "meaningful change at companies they invest in and expand into direct indexing." In tandem, ESG has moved ...

Record FUM growth at Australian Ethical

ELIZABETH MCARTHUR  |  THURSDAY, 26 AUG 2021  |  NEWS
Fund manager and super fund Australian Ethical enjoyed record annual growth in its funds under management and announced a dividend in its results. With net inflows of $1.03 billion during the year driving FUM up to $6.07 billion, the company announced ...

Conscious Investment Management grows team

RACHEL ALEMBAKIS  |  THURSDAY, 26 AUG 2021  |  NEWS
... to work with an organisation that exists to make the world a better place." Conscious Investment Management's impact fund has approximately $73 million in assets under management, with an allocation to a diversified portfolio of global impact investments ...

Significant cuts to industrial emissions required: Grattan Institute

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 AUG 2021  |  NEWS
... To that end, the third recommendation is that the federal government should establish an Industrial Transformation Future Fund to support low- and zero-emissions industrial asset replacements from the 2030s onwards. "We support the government's activities ...

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 ...