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Companies making net zero commitments they need to keep: investors

RACHEL ALEMBAKIS  |  THURSDAY, 25 MAR 2021  |  NEWS
... Paris Climate Agreement to limit global temperature rise to 1.5 degrees Celsius. Climate Action 100+ is a collaborative investor group that engages with 159 focus companies - the largest GHG emitters in the world - on their plans to decarbonise their ...

$150 million impact fund to target small companies for investment

RACHEL ALEMBAKIS  |  THURSDAY, 25 MAR 2021  |  NEWS
... Trust are launching a $150 million impact fund to invest in small and medium-sized Australian businesses. Growth equity investor Beckon Capital is developing a fund to invest in small and medium-sized businesses (SMEs) that provide financial return and ...

Global fund manager launches local climate transition fund

RACHEL ALEMBAKIS  |  THURSDAY, 25 MAR 2021  |  NEWS
A leading global fund manager has launched a green transition index fund for Australia and New Zealand. Northern Trust Asset Management has created the NT World Green Transition Index, which excludes companies with fossil fuel reserves, and selects ...

Global digitalisation impacting environmental, social factors

RACHEL ALEMBAKIS  |  TUESDAY, 23 MAR 2021  |  NEWS
Digitalisation as an investment trend is gathering momentum, fuelled by developments in the last year and an "agent for positive change" for achieving social and environmental goals, according to Janus Henderson Investors. Digitalisation as a trend ...

What's in a name: evaluating the goals behind net zero targets

RACHEL ALEMBAKIS  |  THURSDAY, 18 MAR 2021  |  NEWS
... where most super funds and fund managers talk about increased engagement through bodies like Climate Action 100+, the Investor Group on Climate Change and others, and talk about making investments towards companies that are either implementing strategies ...

Westpac inks $350 million sustainability linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 18 MAR 2021  |  NEWS
Westpac has structured a $350 million sustainability-linked loan (SLL) that ties the interest rate to how a company performs on social issues that are material to the company's performance. The three year loan to G8 Education, Australia's largest ...

Diversity, human rights, climate change lead agenda: ASI

RACHEL ALEMBAKIS  |  THURSDAY, 18 MAR 2021  |  NEWS
Diversity and inclusion, human rights and climate change continue to be issues of engagement for Aberdeen Standard Investments (ASI). In addition to joining the 40:40 Vision campaign, ASI has also developed its own diversity and inclusion expectation ...

Industry fund sets bar higher with Net Zero timing

RACHEL ALEMBAKIS  |  THURSDAY, 18 MAR 2021  |  NEWS
An industry superannuation fund has set the most ambitious climate change related target yet, aiming to attain a carbon neutral investment portfolio in nine years. The $12.8 billion NGS Super has set a target of carbon neutrality by 2030. The target ...

Social issues come to fore in 2020: Ausbil

RACHEL ALEMBAKIS  |  THURSDAY, 18 MAR 2021  |  NEWS
Modern slavery, climate change and decarbonisation, engagement with indigenous people, waste and good corporate culture were key topics of engagement for Ausbil Investment Management. Ausbil recently released its engagement report covering its activities ...

Investors seek renewable energy infrastructure: bfinance

RACHEL ALEMBAKIS  |  THURSDAY, 18 MAR 2021  |  NEWS
Demand for renewable energy infrastructure investments has continued to rise, according to research from bfinance. A growing number of institutional asset owners are seeking ESG-related 'thematic investments' and/or 'impact investments' that explicitly ...