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Analysis: climate change, Australia and the fierce urgency of now

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2020  |  NEWS
As bushfires continue to burn across the southeast of Australia, the push is on to implement effective responses to minimise risk and optimise opportunities stemming from climate change across the economy. Business, finance and civil society are seeking ...

Human rights, ethical sourcing driving ESG considerations in Asia: Ausbil

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2020  |  NEWS
Stronger regulation and regulatory enforcement in Asian countries, ranging from plastic use and waste to human rights and labour, expose Australian companies to evolving risks and opportunities across environmental and social metrics, according to Ausbil ...

Companies that manage ESG issues "more resilient": Saturna Capital

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2020  |  NEWS
Companies that actively manage environmental, social and governance (ESG) issues "make better contributions to the global economy and are more resilient," according to US-based fund manager Saturna Capital. Scott Klimo, CIO, Saturna Capital Saturna ...

Australian execs see impacts of, responsibility for climate change: Deloitte

RACHEL ALEMBAKIS  |  TUESDAY, 21 JAN 2020  |  NEWS
More than 80% of Australia's business leaders believe that climate change will have a negative impact on their business operations, nearly double the global average, according to Deloitte. Robert Hillard, Deloitte Deloitte has published its third annual ...

Global green bond market continues to grow, expand: J.P. Morgan

RACHEL ALEMBAKIS  |  FRIDAY, 17 JAN 2020  |  NEWS
The global green bond market continues to both grow and spread into new instruments and new categories, according to J.P. Morgan. Marilyn Ceci, managing director, head of green bonds, J.P. Morgan Global issuance of labelled green bonds for 2019 was ...

Eurozone outperforms North America in ESG investing: Amundi

RACHEL ALEMBAKIS  |  FRIDAY, 17 JAN 2020  |  NEWS
Fund manager Amundi has identified a performance divergence between Eurozone and North American equity portfolios that integrate ESG criteria. Amundi recently analysed data from January 2018 to June 2019 to analyse the performance of 1,700 companies ...

HESTA names Andrew Major chief risk and compliance officer

RACHEL ALEMBAKIS  |  FRIDAY, 17 JAN 2020  |  NEWS
HESTA has promoted Andrew Major to the newly created role of chief risk and compliance officer, joining the Fund's executive team. Debby Blakey, CEO HESTA Major comes to the new role having previously been general manager - unlisted assets at the $53 ...

Local Government Super appoints Claudia Bels as board director

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 JAN 2020  |  NEWS
Local Government Super (LGS) has appointed Claudia Bels to the LGS board. Bels is the third independent non-executive director to join as part of recent changes to broaden the diversity, and strengthen specific skills on the LGS board, the fund said. ...

David Atkin, responsible investment leader, to step down as Cbus CEO

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 JAN 2020  |  NEWS
Cbus Super CEO David Atkin will leave the fund in mid-2020 after more than 12 years leading the fund. Under Atkin's leadership, the fund grew from #$12 billion to $56.5 billion in funds under management, said Cbus Super Chair Steve Bracks. "David has ...

BlackRock joins Climate Action 100+ investor initiative

RACHEL ALEMBAKIS  |  FRIDAY, 10 JAN 2020  |  NEWS
BlackRock has joined Climate Action 100+, the global investor initiative that engages with the world's largest corporate greenhouse gas emitters on action on climate change. Emma Herd, chief executive officer of the Investor Group on Climate Change ...