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MUFG, First Sentier announce head of Sustainable Investment Institute

RACHEL ALEMBAKIS  |  TUESDAY, 14 SEP 2021  |  NEWS
... analyst at Moody's and was a senior associate in audit at PwC. The Institute was launched in May 2021 to publish proprietary, high-quality research on emerging sustainable investment topics that have yet to see significant industry focus. Its aim is ...

ESG, corporate purpose top CEOs' agenda: KPMG

RACHEL ALEMBAKIS  |  THURSDAY, 9 SEP 2021  |  NEWS
Australian CEOs face calls for more ESG reporting and transparency, but admit they struggle to "articulate a compelling ESG story," according to research from KPMG. The KPMG 2021 CEO Outlook, a study of 1,300 CEOs across 12 countries including Australia ...

Federated Hermes launches climate change high yield credit strategy

RACHEL ALEMBAKIS  |  THURSDAY, 9 SEP 2021  |  NEWS
The international business of Federated Hermes has launched a high yield credit strategy that invests in securities that support a low carbon future. The Federated Hermes Climate Change High Yield Credit Strategy is seeded by and designed in partnership ...

SGX proposes mandatory TCFD, diversity reporting

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 SEP 2021  |  NEWS
The Singapore Stock Exchange (SGX) has proposed making the Task Force on Climate-Related Financial Disclosures (TCFD) guidelines mandatory for all entities listed on the exchange. The Singapore Exchange Regulation (SGX RegCo) is also proposing enhancements ...

"Dismal" stats for women in ASX leadership roles

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 SEP 2021  |  NEWS
The number of women in CEO positions is "dismal", with only 6% of ASX300 companies having women CEOs. Chief Executive Women (CEW) has released the 2021 Chief Executive Women Senior Executive Census, the fifth year of the survey. The survey found only ...

Boral to go net zero by 2050

RACHEL ALEMBAKIS  |  TUESDAY, 7 SEP 2021  |  NEWS
Boral has announced net zero commitments aligned to the Science Based Targets initiative (SBTi). Boral will reduce absolute Scope 1 and 2 emissions by 46% by 2030 and will reduce relevant Scope 3 emissions by 22%, both from a 2019 baseline. The targets ...

Merlon Capital hires sustainability manager

RACHEL ALEMBAKIS  |  TUESDAY, 7 SEP 2021  |  NEWS
... Merlon focuses its investment approach on identifying cash flow sustainability, with the goal of a portfolio of relatively high yielding stocks with limited risk of permanent capital loss. As at 30 June 2021 Merlon was managing approximately $1.0 billion ...

Assessing the financial, ESG benefits of agricultural investments

RACHEL ALEMBAKIS  |  THURSDAY, 2 SEP 2021  |  NEWS
Agricultural investments offer not only long-term diversified returns, but also the potential to use natural capital to impact on climate change as well as generate additional financial return. Warakirri Cropping chief executive officer and head of ...

Venture capital takes on impact investing

RACHEL ALEMBAKIS  |  THURSDAY, 2 SEP 2021  |  NEWS
... Fund II," Richardson said. "We are seeing the same investor base, including some investors in Giant Leap I, family offices, high net worth individuals and foundations." Richardson also said founders in companies that appear in Giant Leap I are also investing ...

Advisers integrating positive impact into investment choices

RACHEL ALEMBAKIS  |  THURSDAY, 2 SEP 2021  |  NEWS
... manage this in an ethical way." Given that many of investments associated with impact investing are out of range for all but high net worth investors, it is still possible for investors to access a positive social or environmental impact through their ...