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Profile: Fiona Reynolds

RACHEL ALEMBAKIS  |  THURSDAY, 24 JUN 2021  |  NEWS
... from a staff of 37 and just over one thousand PRI signatories. Currently, PRI has more than 170 staff and is nearing 4,000 global signatories, collectively representing more than half the world's institutional assets. "I have learnt an incredible ...

Assessing impacts of nature-based solutions: CMI

RACHEL ALEMBAKIS  |  THURSDAY, 24 JUN 2021  |  NEWS
... 2016 to 2021. The study cites statistics from the Taskforce on Scaling Voluntary Carbon Markets (TSVCM) that estimates the global voluntary carbon market size by 2030 "could be between US$5 billion and US$30 billion at the lowest end of the spectrum ...

New firm to address nature-based solution market

RACHEL ALEMBAKIS  |  THURSDAY, 24 JUN 2021  |  NEWS
... that will deliver nature-based carbon credit projects for business and investors. NatureCo will respond to rapidly growing global demand for high integrity nature-based solutions to support business climate and corporate social responsibility (CSR) strategies. ...

IFM Investors hires responsible investment associate director

RACHEL ALEMBAKIS  |  THURSDAY, 24 JUN 2021  |  NEWS
... his new role in late June. IFM Investors says that its responsible investment approach is aligned with the United Nations Global Compact and the United Nations-supported Principles for Responsible Investment, to which IFM has been a signatory since 2008. ...

J.P. Morgan AM acquires forestry firm

RACHEL ALEMBAKIS  |  THURSDAY, 24 JUN 2021  |  NEWS
J.P. Morgan Asset Management has acquired a global forestry management and timberland investing company. J.P. Morgan will acquire Campbell Global by purchasing BrightSphere Investment Group's 75% ownership stake as well as the 25% owned by Campbell ...

ASX company signs $1.5bn sustainability linked loan

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 JUN 2021  |  NEWS
... Cares" strategy sets meaningful targets that will take ambition to achieve, said Jonathan Drew, Head of ESG Solutions, Global Banking at HSBC "We sat down with the client to consider what are the right metrics, how to define them, how to gather the data ...

ASX company issues billion dollar sustainability linked bond

RACHEL ALEMBAKIS  |  THURSDAY, 17 JUN 2021  |  NEWS
A leading ASX100 company is issuing Australia's first sustainability-linked bond (SLB). Wesfarmers' $1 billion issuance will see the interest rate of the bonds linked to progress against specific renewable energy and emissions performance targets. ...

ESG ratings "just opinions": Dimensional Fund Advisors

RACHEL ALEMBAKIS  |  THURSDAY, 17 JUN 2021  |  NEWS
... opinions - not unlike the buy/hold/sell opinions that have been issued by sell-side analysts for decades." But ISS ESG global head of ESG thought leadership Duncan Paterson said that ESG research differs in several ways to sell side analysis, pointing ...

Climate change, diversity, inequality top engagement agenda: T. Rowe Price

RACHEL ALEMBAKIS  |  THURSDAY, 17 JUN 2021  |  NEWS
Climate change, diversity, and systemic inequality topped the engagement list for T. Rowe Price, with the global fund manager pressing for improved disclosure from corporations and asset managers on ESG issues. T. Rowe Price has issued its third ESG ...

New fossil fuel exploration acreage released

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021  |  NEWS
... resources with geological storage of co-produced CO2 will help Australia develop its clean energy future and meet the growing global demand for low emission fuels," he said. Photo by Victor Garcia on Unsplash