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Identifying potential risks of COVID-19 and modern slavery in supply chain

RACHEL ALEMBAKIS  |  MONDAY, 31 AUG 2020  |  NEWS
... increasing concern that the impacts of COVID-19 will exacerbate conditions causing modern slavery in supply chains, opening up investor and business risk as well as questions about compliance with Modern Slavery Act reporting. Earlier this week, Assistant ...

ESG performance and cannabis

KELLIE JOHNSTON, ANDREA BREWER  |  MONDAY, 31 AUG 2020  |  NEWS
... is garnering increased global attention, especially in emerging industries, and the cannabis industry is no exception. Investor and consumer interest, as well as enhanced legislative requirements are all significant drivers in ESG development. This paper ...

Do founder-led listed companies outperform on E, S and G metrics?

RACHEL ALEMBAKIS  |  MONDAY, 31 AUG 2020  |  NEWS
Listed companies that are led by founders can demonstrate resilient value generation because of an alignment to long-term return, but a focus on long-term governance at founder-led companies is not always correlated to environmental and social out-performance. ...

Australia "woefully unprepared": Australian Climate Roundtable

RACHEL ALEMBAKIS  |  FRIDAY, 28 AUG 2020  |  NEWS
... Cabinet, according to the Australian Climate Roundtable. The Australian Climate Roundtable is an alliance of business, investor, union and civil society organisations including the Investor Group on Climate Change (IGCC). The group notes that the "The ...

HESTA issues Statement on Working with Indigenous Communities

RACHEL ALEMBAKIS  |  FRIDAY, 28 AUG 2020  |  NEWS
... risks are appropriately managed. HESTA has released a Statement on Working with Indigenous Communities detailing its investor expectations around how companies manage risks associated with Indigenous heritage protection issues and has written to 14 Australian ...

HSBC, Pollination Group to launch natural capital asset manager

RACHEL ALEMBAKIS  |  FRIDAY, 28 AUG 2020  |  NEWS
... raise up to US$ 1 billion followed by a carbon credit fund at up to US$2 billion. HSBC intends to become a cornerstone investor in the first fund. The funds will invest in a diverse range of projects that will preserve, protect and enhance nature over ...

CFA Institute developing disclosure standards for ESG products

RACHEL ALEMBAKIS  |  FRIDAY, 21 AUG 2020  |  NEWS
... features as components or capabilities of investment products that can be combined in different ways to meet different investor needs. It goes on to propose definitions for six ESG-related features. The features are expected to serve as a backbone of ...

Climate, modern slavery areas of engagement: Ethical Partners

RACHEL ALEMBAKIS  |  FRIDAY, 21 AUG 2020  |  NEWS
... Management and manager, Ethical Partners Tatrai Giving Fund. "We have been looking at the Modern Slavery Act and putting an investor lens onto that, and with all of our companies, we think coming towards our first round of reporting on modern slavery ...

Walk Free launches human rights toolkit for business, investors

RACHEL ALEMBAKIS  |  FRIDAY, 21 AUG 2020  |  NEWS
Walk Free, an initiative of the Minderoo Foundation, have launched a toolkit to help business and investors take action to improve human rights standards in their supply chains and combat forced labour, human trafficking and other forms of modern slavery. ...

Northern Trust expands ESG Insights risk analytics suite

RACHEL ALEMBAKIS  |  FRIDAY, 21 AUG 2020  |  NEWS
Northern Trust is expanding its environmental, social and governance (ESG) risk exposure analytics capabilities to include new reporting for key environmental data categories, including carbon footprinting. Serge Boccassini, product lead, Investment ...