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ESG reporting rises, but companies lagging on climate, diversity: Ethical Partners

RACHEL ALEMBAKIS  |  THURSDAY, 29 JUL 2021  |  NEWS
... Partners monitor on an ongoing basis, but the company doesn't invest in all of those companies, Ethical Partners investment director Nathan Parkin noted. "The investible universe is narrower than the companies we look at through this process," Nathan ...

Mitsubishi buys stake in Australian carbon credit developer

RACHEL ALEMBAKIS  |  THURSDAY, 29 JUL 2021  |  NEWS
... bought a 40% stake in an Australian nature-based developer of carbon credit projects. Mitsubishi Corporation said their investment in Australian Integrated Carbon (AIC) "falls in step with our sustainability objectives, which include transitioning to ...

Global fund manager buys Australian forestry asset

RACHEL ALEMBAKIS  |  TUESDAY, 27 JUL 2021  |  NEWS
... manager has acquired an Australian forestry business based on its financial and environmental sustainability merits. AXA Investment Managers' Alts team has agreed to acquire approximately 24,000 hectares of Australian woodland and an associated forestry ...

Maple-Brown Abbott appoint new head of ESG

RACHEL ALEMBAKIS  |  MONDAY, 26 JUL 2021  |  NEWS
... oversight of the Global Listed Infrastructure ESG process. "Emma's appointment reflects Maple-Brown Abbott's continued investment in the ESG space and how seriously we view integrating ESG factors into our investment process across all of our portfolios," ...

Infrastructure to offer opportunity for decarbonisation investment: ClearBridge

RACHEL ALEMBAKIS  |  MONDAY, 26 JUL 2021  |  NEWS
... ensure that capital put to work by investors has a reasonable return, and so it's really a process of scaling up that investment." Gas infrastructure becomes the next challenge, Langley said. "If you then turn to the gas sector, gas is going to be a ...

Opinion: The housing burden is large enough to be shared by many parties

SCOTT LANGFORD  |  FRIDAY, 23 JUL 2021  |  NEWS
... people all deserving of a place to call home. In the Gibbons Street project SGCH, the National Housing Finance and Investment Corporation (NHFIC), Lendlease, and all three levels of government contributed to tackle one of the greatest problems facing ...

Banks face multi-billion risks from climate change: Accenture

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... purpose here is multi-fold," said Graham Sinden, head of climate risk at APRA, at a panel presentation at the Responsible Investment Association Australasia (RIAA) conference in May. "It's to strengthen the financial sectors' understanding of ...

Carbon capture and storage questioned after Chevron result

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... change. I n the May budget, Treasurer Josh Frydenberg affirmed a series of allocations under Australia's Technology Investment Roadmap, including $275.5 million to accelerate the development of four additional hydrogen hubs in regional Australia ...

Alphinity launches SDG-aligned fund

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
Global equities boutique fund manager Alphinity Investment Management has launched a global sustainable strategy aligned with the UN Sustainable Development Goals (SDGs). The Alphinity Global Sustainable Equity Fund is a concentrated fund seeking to ...

Institutional Shareholder Services to acquire Rainmaker Information

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUL 2021  |  NEWS
... to be acquired by Institutional Shareholder Services (ISS), a leading provider corporate governance and responsible investment solutions, market intelligence, fund services, and events and editorial content for institutional investors and corporations ...