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Climate skills development needed: University of Technology Sydney

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2022  |  NEWS
Insights from the UTS Institute for Sustainable Futures has seen 63% of investment professionals admit their climate skills need developing. As reported by sister publication Financial Standard, Research director Alison Atherton offered delegates to ...

Clear link between ESG performance and shareholder return: Federated Hermes

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 SEP 2022  |  NEWS
There is a clear link between ESG performance and shareholder returns, according to Federated Hermes. However, the relationship between ESG and stronger return is non-linear, the global equities team has found. The performance doesn't come from ESG ...

Podcast: Finding solutions to meet Net Zero 2050 with Viola Lutz

RACHEL ALEMBAKIS  |  THURSDAY, 1 SEP 2022  |  NEWS
... world's largest database of company-level climate change data and pioneered the development of leading, standardized investment climate screening tools. Lutz initially served as head of the ISS ESG Climate Consulting, Methodology and SPO team. Lutz holds ...

No ESG drag seen in performance test results

RACHEL ALEMBAKIS  |  THURSDAY, 1 SEP 2022  |  NEWS
... Jones announced that the review will commence after the second round of MySuper performance tests. The Responsible Investment Association Australasia (RIAA) remains concerned with the current structure of the test. "We have concerns that the benchmarks ...

Sustainable packaging sector set to grow: Nanuk

RACHEL ALEMBAKIS  |  THURSDAY, 1 SEP 2022  |  NEWS
... believes this level of industry growth will help prices increase and require higher returns in the industry to justify new investment in paper mills and other production capacity. "On the packaging side, I'd say it's more so a case of, we have some substrates ...

VFMC hires ex-BHP ESG head

RACHEL ALEMBAKIS  |  THURSDAY, 1 SEP 2022  |  NEWS
The Victorian Funds Management Corporation (VFMC) has hired a former BHP ESG executive for a role in its investment stewardship team. Chelsea Patten joins VMFC as manager, investment stewardship. She comes to the Victorian state fund manager from BHP ...

Investment in low-carbon energy infrastructure on the rise

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 AUG 2022  |  NEWS
... the price of solar panels, are still going down." Vinson & Elkins recently released a report, Key Trends in Private Investment Across the Energy Space, covering what they label as a "dynamic" deal-making environment. The report notes, among other aspects ...

ACCR files additional claims in Santos lawsuit

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
Santos faces fresh allegations of greenwashing in an ongoing federal lawsuit by the Australasian Centre for Corporate Responsibility (ACCR). Last year ACCR filed its suit challenging Santos' net zero emission target in relation to the viability ...

Florida gov bans ESG from state pension investments

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... agenda of the environmental, social and corporate governance (ESG) agenda." The resolution specifies that the SBA's investment fund managers and advisors prioritise the highest return on investment and states that "ESG considerations will not be ...

Clean Energy Finance Corporation turns 10

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
Australia's "green bank" has marked its first decade with lifetime investment commitments of $10.76 billion. The Clean Energy Finance Corporation (CEFC) has catalysed a total $37.15 billion in investment over the decade in conjunction with institutional ...