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Modern slavery, climate risk key elements of RI activity: First Sentier

RACHEL ALEMBAKIS  |  THURSDAY, 9 APR 2020  |  NEWS
Engaging with companies on modern slavery exposure and risks of climate change are key elements of First Sentier Investors' responsible investment activities both in 2019 and 2020, the fund manager said. Kate Turner, responsible investment specialist ...

Green tech can fuel net-zero transition, stimulus: ClimateWorks Australia

RACHEL ALEMBAKIS  |  THURSDAY, 9 APR 2020  |  NEWS
... Australia, outlining pathways where technology, business and investor action and government policy can be deployed to reach global goals of keeping warming below 1.5 or 2 degrees. "There are two main points that can be done today," said Amandine Denis-Ryan ...

Climate risk assessment impacts on small, mid-cap portfolios: Fairlight AM

RACHEL ALEMBAKIS  |  THURSDAY, 9 APR 2020  |  NEWS
... Examples for other types of businesses could include the risk of being isolated by floods or exposure to a disruption of global logistics due to a natural disaster. The second type of risk relates to a company's own environmental impact. Carbon inefficient ...

Questions raised over governance implications of share buyback schemes

RACHEL ALEMBAKIS  |  FRIDAY, 3 APR 2020  |  NEWS
... have used debt to fuel share buy-backs, they could be fragile and unprepared in a moment such as the current state of the global economy, where cash will be necessary to tide businesses over during the global response to the novel coronavirus. Further ...

Fundamental portfolio managers analyse ESG performance of funds

RACHEL ALEMBAKIS  |  FRIDAY, 3 APR 2020  |  NEWS
... downturn of financial markets, according to fund managers with fundamental qualitative ESG-themed portfolios. Jenn-Hui Tan, global head of stewardship and sustainable investing, Fidelity International. Although managers caution that financial markets ...

Climate change, plastics, human rights drive 2019 engagement: Ausbil

RACHEL ALEMBAKIS  |  FRIDAY, 3 APR 2020  |  NEWS
Material issues related to climate change, modern slavery and human rights in the supply chain, plastic pollution were some of the topics that formed the basis of engagement in 2019 for fund manager Ausbil Investment Management. Mans Carlsson-Sweeny ...

The role of finance has never been more important: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 3 APR 2020  |  NEWS
The role of finance has never been more important in shaping the global economic response to global issues captured by the Sustainable Development Goals (SDGs), climate change, and the coronavirus crisis. The Responsible Investment Association Australasia ...

UN GCNA appoints Pru Bennett to board of directors

RACHEL ALEMBAKIS  |  FRIDAY, 3 APR 2020  |  NEWS
The UN Global Compact Network Australia (GCNA) has appointed corporate governance expert Pru Bennett to its board of directors. Kylie Porter, GCNA executive director Bennett is a former managing director of Blackrock with more than 20 years' experience ...

Sustainability faces greatest test in response to coronavirus

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAR 2020  |  NEWS
... the risks posed by the globalisation of supply chains over recent decades," said Kylie Porter, executive director of the Global Compact Network Australia (GCNA). "While that globalisation has brought many benefits to business, there is a huge responsibility ...

ESG indices, products faring relatively better in coronavirus response

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAR 2020  |  NEWS
In the immediate financial markets response to the coronavirus pandemic and the associated implosion to the global economy, indices and products that integrate ESG ratings have performed relatively better than mainstream benchmarks. (data courtesy BetaShares) ...