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Government appoints Modern Slavery Expert Advisory Group

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAY 2020  |  NEWS
Representatives from companies and investment management firms have been appointed to the government's Modern Slavery Expert Advisory Group. Mans Carlsson-Sweeny, head of environmental, social and governance research, Ausbil Investment Management, Kate ...

OHS, social license to operate identified as infrastructure risks

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAY 2020  |  NEWS
... business activity, said Nick Langley, co-CEO and co-CIO of RARE Infrastructure, a specialist global listed infrastructure investment manager. "On the transport side, there's been reduced utilisation of level of services and so they've been able to manage ...

AMP Capital regards long term impacts of COVID-19, climate change

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAY 2020  |  NEWS
While business and investment focus in on managing the COVID-19 pandemic, climate change remains a long-term systemic risk that will return to the forefront once the crisis has stabilised, according to AMP Capital. Emily Woodland, head of sustainable ...

ESG focus on climate change, income inequality: T. Rowe Price

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAY 2020  |  NEWS
... limited impact on near-term cash flows. According to the firm's second Annual ESG Report, ESG is being ingrained into its investment processes, impacting how it interacts with thousands of company managements in its portfolios and how it casts its proxy ...

Pivot to virtual AGMs, communication offer opportunities: Redback Connect

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAY 2020  |  NEWS
Email is the primary communication channel for investor relations, but a push to virtual events as a result of COVID-19 offers new opportunities and benefits for companies to engage with shareholders, according to Redback Connect. Jeff Downs, CEO and ...

Four structural challenges for business to navigate post-lockdown: PGIM

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAY 2020  |  NEWS
Global businesses must navigate four structural changes as economies emerge from the lockdown period of response to COVID-19, PGIM said. Shehriyar Antia, head of thematic research, PGIM. In new research, PGIM has identified a barbelling of global supply ...

U Ethical on resilience, engagement during COVID-19

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAY 2020  |  NEWS
... U Ethical, one of Australia's earliest ethical fund managers, began its history as UCA Funds Management, providing investment management for charities, faith-based organisations and their members. Their clients now hail from a range of sectors from private ...

Poor disclosure around labour hire workforce in listed companies: ACCR

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAY 2020  |  NEWS
... of exploitation, but we noticed that there was no research that looked at the broader impacts of that shift for an investment audience." Only two of the 19 companies - Fortescue and Rio Tinto - define 'labour hire' and/or 'contractor' in their reporting ...

IFM Investors report carbon emission reduction in Australian infrastructure

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAY 2020  |  NEWS
... emissions intensity, calculating that there was an emissions intensity of 24 tonnes of CO2 emissions per AU$1 million of investment. IFM Investors is currently thinking about how to calculate emissions reductions progress against targets for the 2019/20202 ...

Pioneer issuance puts COVID-19 bonds on investment agenda

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2020  |  NEWS
... relationship to delivering the outcomes of what governments are looking to do." Josh Kendall, senior ESG analyst at Insight Investment, called COVID-19 bonds "almost a new asset class." "It's very much an interesting space to see what's occurring, and ...