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Climate change, SDG impacts of US election

RACHEL ALEMBAKIS  |  FRIDAY, 13 NOV 2020  |  NEWS
As President-Elect Joe Biden prepares the next administration, there are implications for action in Australia as well as for achieving greater alignment with the Sustainable Development Goals (SDGs). As of publication, Biden and Vice-President Elect ...

Companies pledge 100% renewable energy by 2025

RACHEL ALEMBAKIS  |  FRIDAY, 13 NOV 2020  |  NEWS
Woolworths Group has become the latest Australian company to pledge to power its entire operations with renewable electricity by 2025. Woolworths has joined the global RE100 initiative. It will build on its network of rooftop solar panels installed ...

Investing in the low-carbon transition: Ninety One

RACHEL ALEMBAKIS  |  FRIDAY, 13 NOV 2020  |  NEWS
Global investors have a role to play in engaging with companies to manage their climate change risks as well as investing in decarbonisation-exposed companies, according to Ninety One. Listed companies have to spend more on managing climate change and ...

Real asset investments as vehicle for return, positive impact

RACHEL ALEMBAKIS  |  FRIDAY, 13 NOV 2020  |  NEWS
Investing in real assets that have positive social and/or environmental impacts means investors gain more than a source of return that is non-correlated to other asset classes. During a recent webinar sponsored by Channel Capital, Matthew Tominc, CIO ...

Climate Bond Standard launches shipping criteria for bonds

RACHEL ALEMBAKIS  |  FRIDAY, 13 NOV 2020  |  NEWS
The International Climate Bonds Standard (CBS) has launched its shipping criteria, providing a definition to evaluate whether a shipping project contributes to climate change mitigation as a basis for certification for climate bond status. The criteria ...

AustralianSuper backs net-zero emissions

KARREN VERGARA  |  FRIDAY, 13 NOV 2020  |  NEWS
AustralianSuper is pledging to achieve net-zero carbon emissions in its investment portfolios and ramping up its commitment to renewables. Following a board meeting in October, the super fund decided it was in members' best interest that it positions ...

Considering potential ESG implications of the US election

RACHEL ALEMBAKIS  |  THURSDAY, 5 NOV 2020  |  NEWS
As US states continue to count the votes in a historic election impacted by the COVID-19's pandemic risks and political volatility, financial market participants responded to the near term uncertainty and attempted to forecast potential outcomes of ...

Cost of no climate action to hit Australian economy: Report

RACHEL ALEMBAKIS  |  THURSDAY, 5 NOV 2020  |  NEWS
More than 30% of employed Australians and 30% of national income come from industries exposed to economic disruption and risk from climate change and an unplanned economic transition, according to Deloitte Access Economics. Australia's agriculture ...

BetaShares to launch ethical diversified ETFs

RACHEL ALEMBAKIS  |  THURSDAY, 5 NOV 2020  |  NEWS
BetaShares will launch three ethical diversified ETFs on the ASX in December as a result of a wider product review. BetaShares will change the investment strategy on BetaShares Diversified Growth ETF (ASX: DGGF), BetaShares Diversified Balanced ETF ...

ESG factors continue to outperform: Fidelity International

RACHEL ALEMBAKIS  |  THURSDAY, 5 NOV 2020  |  NEWS
Companies that have stronger performance on environmental, social and governance (ESG) metrics have continued to outperform their peers through 2020, according to Fidelity International. During the market crash in early 2020, Fidelity's research ...