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ESG investment professional salaries revealed

RACHEL ALEMBAKIS  |  THURSDAY, 4 FEB 2021  |  NEWS
It is a buoyant market for ESG investment professionals at all levels, with a dearth of talent meaning senior hires can command salaries of $250,000 to $300,000, according to Kaizen Recruitment. "You've got multiple firms looking for senior people with ...

Aviva Investors puts companies on notice over climate

RACHEL ALEMBAKIS  |  THURSDAY, 4 FEB 2021  |  NEWS
Aviva Investors has warned 30 global companies that they expect them to deliver net zero goals by 2050 and will back up its engagement with escalatory actions including divestment. Aviva Investors announced its Climate Engagement Escalation Programme ...

Investors back climate bill

RACHEL ALEMBAKIS  |  THURSDAY, 4 FEB 2021  |  NEWS
... emissions reductions, supported by clear trajectories to get there," said Simon O'Connor, CEO of the Responsible Investment Association Australasia. "This has led to a significant increase in companies and investors setting their own targets towards ...

Social premium on the rise: Federated Hermes

RACHEL ALEMBAKIS  |  THURSDAY, 4 FEB 2021  |  NEWS
... portfolio manager at Federated Hermes. According to Federated Hermes, research into companies' performance and their investment return has found that the financial qualities that mattered during the coronavirus-induced market crash in March of 2020 were ...

Opinion: Sustainable finance: the new normal in 2021

SIMON O'CONNOR, JACKI JOHNSON  |  THURSDAY, 4 FEB 2021  |  NEWS
... that involved nearly two years of work with input from 140 people from 80 organisations across banking, insurance, investment, government, academia and civil society, joins the dots to articulate the pathway forward for financial services. For those ...

CGI Glass Lewis makes appointments for Australia, APAC

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 FEB 2021  |  NEWS
... deep understanding of CGI's customers to ensure we continue to develop innovative solutions to meet their evolving investment stewardship needs." Meanwhile, in his role as vice president, APAC research and engagement, Foo will oversee the Sydney, Tokyo ...

Industry superannuation fund ESG options surpass $10 billion

RACHEL ALEMBAKIS  |  TUESDAY, 2 FEB 2021  |  NEWS
An industry superannuation fund's dedicated ESG investment options have passed the $10 billion funds under management threshold. UniSuper, which has a total of $90 billion in funds under management, has reported that its three ESG-themed strategies ...

Divestment should be tool of last resort on climate: ACCR

RACHEL ALEMBAKIS  |  MONDAY, 1 FEB 2021  |  NEWS
Superannuation funds need to set clear, transparent emissions reductions targets for their investment portfolios that are based on metrics that can be compared across the industry, according to recommendations from the Australasian Centre for Corporate ...

Sustainability important to future of SME sector: Australia Post

RACHEL ALEMBAKIS  |  THURSDAY, 28 JAN 2021  |  NEWS
Almost half of small businesses in Australia consider sustainability to be very important to their future success, according to research from Australia Post. The report, Small business sustainability in a COVID-19 world, looks at key attributes of sustainability ...

Climate Action 100+ aviation engagement takes off

RACHEL ALEMBAKIS  |  THURSDAY, 28 JAN 2021  |  NEWS
... "push for greater ambition from focus companies." The strategy has been developed by the Principles for Responsible Investment (PRI), and consists of recommended investor expectations to guide engagements with aviation companies with the goal of helping ...