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Brighte issues second green asset backed securitisation

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 NOV 2021  |  NEWS
... was assigned a Aaa rating by Moody's. Brighte Founder and CEO Katherine McConnell said the deal reflected the strong investor demand for high performing sustainable assets. "We've had the intention to do this from inception, so achieving this rating ...

Australia needs 2035 net zero target: RMIT

RACHEL ALEMBAKIS  |  TUESDAY, 9 NOV 2021  |  NEWS
Researchers at RMIT have called on the federal government to set a net zero target for 2035, re-introduce a national price on carbon and mandate reporting of carbon emissions to support businesses in achieving decarbonisation goals. Lead author of the ...

IFRS announces plan for comprehensive sustainability standards

RACHEL ALEMBAKIS  |  THURSDAY, 4 NOV 2021  |  NEWS
... used throughout the world. At the same time as announcing the ISSB, the IFRS Foundation also announced that two leading investor-focused sustainability disclosure organisations will consolidate into the IFRS Board - the Climate Disclosure Standards Board ...

Measuring transition risk key to picking climate leaders: Aviva Investors

RACHEL ALEMBAKIS  |  THURSDAY, 4 NOV 2021  |  NEWS
Editorial note: This is the third in a three-part series of articles brought to you by Aviva Investors As governments negotiate fresh commitments to contain climate change to 1.5 degrees C at the United Nations Climate Change Conference (COP26), one ...

New Forests to partner on African forestry strategy

RACHEL ALEMBAKIS  |  THURSDAY, 4 NOV 2021  |  NEWS
... six years now," Brand said. "Maybe three years ago, we sat down with the CDC Group, which is the largest private equity investor in Africa, to establish if it would be possible to organise capital at scale where government could play a catalytic role ...

Fidelity International to invest $150bn in net zero strategies

RACHEL ALEMBAKIS  |  THURSDAY, 4 NOV 2021  |  NEWS
Fidelity International has pledged to have CO 2 emissions across its portfolio by 50% by 2030 on the way to net zero by 2050. The global fund manager has introduced an enhanced, engagement-led climate investing policy to support its net zero commitment ...

Credible COP26 outcome needed to catalyse private investment

RACHEL ALEMBAKIS  |  THURSDAY, 4 NOV 2021  |  NEWS
COP26 negotiators need to set out a credible pathway to net zero in order to catalyse private finance, according to Impax Asset Management. "We need greater ambition - you can't escape from that," said Impax head of policy and advocacy Chris Dodwell. ...

Biodiversity goals a part of COP26 considerations

RACHEL ALEMBAKIS  |  TUESDAY, 2 NOV 2021  |  NEWS
As companies, investors and governments meet to discuss new climate targets at COP26, biodiversity-related commitments may be a key component to negotiations. One of the open questions for COP26 is the extent to which biodiversity and the commitments ...

ASX200 ESG reporting increases, but gaps remain: PwC

RACHEL ALEMBAKIS  |  FRIDAY, 29 OCT 2021  |  NEWS
... ASX200 have a net-zero target, and four percent articulating carbon-negative plans and goals. "We're witnessing enormous investor-driven demand for information about a company's commitment to ESG activities, which provides a significant opportunity to ...

COP26 preview: reporting, carbon markets and role of finance

RACHEL ALEMBAKIS  |  THURSDAY, 28 OCT 2021  |  NEWS
... private investment by reducing policy-related climate risks and shape markets for low carbon products and services," said Investor Group on Climate Change CEO Rebecca Mikula-Wright. "A national and bipartisanship commitment to achieving net zero emissions ...