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Assessing carbon beta risk in portfolios: Platypus Asset Management

RACHEL ALEMBAKIS  |  THURSDAY, 10 JUN 2021  |  NEWS
... climate change shocks, which they call the Platypus Carbon Beta. Platypus Asset Management views ESG as a driver of investment return or alpha, said Platypus head of ESG and engagement Kristen Le Mesurier, who joined the firm in October 2020 from AMP ...

Oxfam Australia calls for stronger climate action amid GDP risk

RACHEL ALEMBAKIS  |  THURSDAY, 10 JUN 2021  |  NEWS
... drive scale within the low carbon economy." Government signals through policy shifts would help to catalyse private investment, Bungcaras said. "The EU is probably leading in that space, as they set up a number of different initiatives to boost public ...

Fund manager seeking to expand ESG team

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 JUN 2021  |  NEWS
... Perennial Partners announced in April that it has spun its ESG team and flagship ESG fund into a separate boutique investment business. Perennial Better Future includes the Perennial Better Future Trust and the associated active ETF, the eInvest Better ...

ASFI reports on momentum towards sustainable finance sector

RACHEL ALEMBAKIS  |  TUESDAY, 8 JUN 2021  |  NEWS
... using them as license to drive important activity," said Simon O'Connor, ASFI co-chair and CEO of the Responsible Investment Association Australasia (RIAA). O'Connor noted activities by organization beyond the financial services sector to include ...

DON Smallgoods site to house bioenergy plant development

RACHEL ALEMBAKIS  |  MONDAY, 7 JUN 2021  |  NEWS
... MASG reported that initial seed funding for the project has been received and the entity is in the second round of investment sourcing for its intended construction phase. As part of the agreement, DON Smallgoods will purchase the energy generated from ...

Integrating the circular economy into investment strategies: American Century

RACHEL ALEMBAKIS  |  THURSDAY, 3 JUN 2021  |  NEWS
... Century Investments. Linking increased focus on the circular economy to World Environment Day, American Century chief investment officer Victor Zhang noted that that capital budgeting - including natural capital - need to be taken into consideration ...

Using climate scenarios to assess company risks, return

RACHEL ALEMBAKIS  |  THURSDAY, 3 JUN 2021  |  NEWS
Using climate scenario analysis to evaluate climate risks at the company level can be an essential tool to identify potential risks as well as potential opportunities, according to Aberdeen Standard Investments (ASI). ASI uses climate scenario analysis ...

Cutting the carbon without sacrificing return: UBS

RACHEL ALEMBAKIS  |  THURSDAY, 3 JUN 2021  |  NEWS
Investors can drastically reduce the carbon intensity of their portfolios without sacrificing returns, and may achieve outperformance, according to research from UBS. UBS identified 25 stocks from the MSCI World index which are buy or neutral rated ...

Queensland train project secures $620m green loan

RACHEL ALEMBAKIS  |  THURSDAY, 3 JUN 2021  |  NEWS
... Mizuho, SMBC and Société Générale. ASI is proud to be involved in the project, said head of infrastructure investment and asset management Bill Haughey. "Not only does the Qtectic rollingstock fleet improve the quality and efficiency of passenger ...

Supermarket group signs 10-year renewable deal

RACHEL ALEMBAKIS  |  THURSDAY, 3 JUN 2021  |  NEWS
... 100% renewable electricity by 2025 and a long-term goal to becoming net carbon positive by 2050, and is prioritising investment in a number of initiatives, including new developments like the Bango wind farm, which is currently under construction. "Going ...