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Climate action by regulators deferred, not denied: MinterEllison

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAY 2020  |  NEWS
The COVID-19 pandemic is not likely to halt regulatory and investor expectations around corporate progress on climate change risk, according to MinterEllison. Sarah Barker, head of climate risk governance at Minter Ellison Lawyers MinterEllison recently ...

ESG focus on climate change, income inequality: T. Rowe Price

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAY 2020  |  NEWS
Climate change risks will impact virtually all of T. Rowe Price's portfolio holdings to various degrees, leading the global fund manager to factor climate change into analysts' evaluation. Maria Elena Drew, Director of Research, Responsible Investing ...

Pivot to virtual AGMs, communication offer opportunities: Redback Connect

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAY 2020  |  NEWS
Email is the primary communication channel for investor relations, but a push to virtual events as a result of COVID-19 offers new opportunities and benefits for companies to engage with shareholders, according to Redback Connect. Jeff Downs, CEO and ...

Four structural challenges for business to navigate post-lockdown: PGIM

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAY 2020  |  NEWS
... it will be interesting. This is something I'm curious to see. If you think about it from the perspective of an equity investor - you're trading upside for earnings per share in exchange for downside protection. What may feed into that is how regular ...

U Ethical on resilience, engagement during COVID-19

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAY 2020  |  NEWS
... whether it's ethical, ESG or sustainability strategies, but we're talking about a short time period, and we're still an investor focused on long term returns," said Jon Fernie, head of equities at U Ethical said. "In terms of our returns year to date ...

Poor disclosure around labour hire workforce in listed companies: ACCR

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAY 2020  |  NEWS
More than 40 percent of ASX100 listed companies in the mining, construction, and commercial cleaning sectors have made no material disclosure about their labour hire and/or contracting workforce in annual reporting documents, according to research from ...

IFM Investors report carbon emission reduction in Australian infrastructure

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAY 2020  |  NEWS
IFM investors is reporting a nearly 8% reduction in carbon emissions across its Australian infrastructure portfolio in the 2018/2018 financial year. Chris Newton, head of responsible investing at IFM Investors. The IFM Investors' FY 2019 Australian ...

BIG W joins Action Collaboration Transformation on Living Wages

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAY 2020  |  NEWS
BIG W has joined the Action Collaboration Transformation on Living Wages (ACT). BIG W, a division of Woolworths Group, joined ACT in March 2020 and will collaborate with ACT members to drive progress in improving wages in the global garment and footwear ...

Pioneer issuance puts COVID-19 bonds on investment agenda

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2020  |  NEWS
... experiencing, Jenkins said. "We're very confident that the market will be supported, and it will be a question of time and investor appetite and ability to subscribe," Jenkins said. "In all our discussions so far, the motivations are the same. COVID-19 ...

Increased integration of ESG in securities lending: State Street Associates

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2020  |  NEWS
... identified several main findings - short selling facilitated by securities lending, improves market efficiency; regulation and investor demands are driving the adoption of sustainable investment strategies; lenders are attempting to integrate ESG into ...