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Waste and recycling legislation to foster circular economy: EY

RACHEL ALEMBAKIS  |  FRIDAY, 30 OCT 2020  |  NEWS
The passage of the Recycling and Waste Reduction Bill can strengthen opportunities in the waste and resource recovery sectors, according to EY. Yesterday, Parliament passed legislation mooted during the October budget speech by Treasurer Josh Frydenberg. ...

Fashion industry shows action, gaps in ethical sourcing: Baptist World Aid

RACHEL ALEMBAKIS  |  FRIDAY, 30 OCT 2020  |  NEWS
More than 70% of global fashion brands around the world could demonstrate at "at least some deliberate positive action" to support vulnerable workers during the COVID-19 pandemic, but the pandemic also exposed areas needing "vast improvement", according ...

Link between post-bushfire regeneration and impact investing: WWF-Australia

RACHEL ALEMBAKIS  |  FRIDAY, 30 OCT 2020  |  NEWS
World Wide Fund for Nature-Australia (WWF-Australia) has launched a wildlife and nature regeneration program to fund solutions that could become impact investments. WWF-Australia is launching the Innovate to Regenerate project, which consists of two ...

Class linked to experience of inclusion at work: DCA

RACHEL ALEMBAKIS  |  FRIDAY, 30 OCT 2020  |  NEWS
People who self-identified as coming from lower class backgrounds experience more exclusion, discrimination and harassment at work than people from higher classes, according to research from Diversity Council Australia (DCA). DCA recently released Class ...

Impact Investment Group names head of investor relations

RACHEL ALEMBAKIS  |  FRIDAY, 30 OCT 2020  |  NEWS
Impact Investment Group (IIG) has named Amanda Goodman head of capital raising and investor relations. Goodman joined IIG in 2014 as one of the fund's early hires. She has previously worked as head of syndication. The new title "reflects how Amanda's ...

Northern Trust scores win in Vanguard reversal

KANIKA SOOD  |  THURSDAY, 29 OCT 2020  |  NEWS
Northern Trust Asset Management has snagged a $5 billion allocation as Vanguard reverses from special mandates in Australia and New Zealand. The change is across three asset classes: international credit, sovereign bonds and global equities. The allocations ...

ESG managed funds outperform

RACHEL ALEMBAKIS  |  FRIDAY, 23 OCT 2020  |  NEWS
The top wholesale ESG managed funds have turned in strong returns over the past one and three years to August 2020, according to research from Rainmaker Information. BetaShares Global Sustainability Leaders ETF (ETHI) has shown a return of 27.9% over ...

Bank, state government become first buyers of Reef Credits

RACHEL ALEMBAKIS  |  THURSDAY, 22 OCT 2020  |  NEWS
The Australian arm of a global bank and a state government have become the first purchasers of Reef Credits - tradeable units measuring improvements to water quality flowing onto the Great Barrier Reef. HSBC Australia and the Queensland government have ...

Assessing the costs, opportunities to green hydrogen

RACHEL ALEMBAKIS  |  THURSDAY, 22 OCT 2020  |  NEWS
The European Union's target for achieving net-zero emissions by 2050 will necessitate making green hydrogen a commercially viable energy source by 2030, which brings costs and opportunities, according to BNP Paribas Asset Management. The EU is set to ...

First Sentier publishes Modern Slavery Statement

RACHEL ALEMBAKIS  |  THURSDAY, 22 OCT 2020  |  NEWS
First Sentier Investors (FSI) has issued its Modern Slavery Statement, which it calls a "high level" approach to identifying sources of risk and remedies. FSI outlined its policies to managing modern slavery in its operational supply chain as well as ...