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BetaShares ethical ETFs surpass $1 billion funds under management

RACHEL ALEMBAKIS  |  FRIDAY, 31 JAN 2020  |  NEWS
... launched a third, ethical, fixed income ETF, GBND, in 2019. GBND is based on a diversified portfolio of fixed-rate, investment-grade global and Australian bonds, with a significant allocation to green bonds. "The amount of sentiment and visibility around ...

Climate change, human rights risks intertwined: GCNA

RACHEL ALEMBAKIS  |  FRIDAY, 31 JAN 2020  |  NEWS
Climate change is a strategic risk to business, their employees and the communities in which they operate, and is also intertwined with human rights, according to Global Compact Network Australia (GCNA). Kylie Porter, GCNA executive director GCNA, the ...

Company, investor climate change partnership "essential": Robeco

RACHEL ALEMBAKIS  |  FRIDAY, 31 JAN 2020  |  NEWS
... this could lead to divestment and/or exclusion. "If such companies don't improve enough, we will exclude them from the investment universe," she said. "That's especially for companies where we identify a UN Global Compact breach. Portfolio managers take ...

SSGA to vote against ASX100, global ESG laggards

RACHEL ALEMBAKIS  |  THURSDAY, 30 JAN 2020  |  NEWS
State Street Global Advisors will begin voting against board members of companies that are laggards on ESG performance. Benjamin Colton, head of asset stewardship, Asia Pacific, SSGA CEO Cyrus Taraporevala announced in his annual letter to corporate ...

Analysis: climate change, Australia and the fierce urgency of now

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2020  |  NEWS
... as that advised by the Task Force on Climate-Related Financial Disclosure (TCFD) is designed to prepare business and investment. "This is a time for business to look at the resilience of their climate risk strategy," Petersen said. "As horrific as this ...

Human rights, ethical sourcing driving ESG considerations in Asia: Ausbil

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2020  |  NEWS
... Australian companies to evolving risks and opportunities across environmental and social metrics, according to Ausbil Investment Management. Mans Carlsson-Sweeny, Ausbil Ausbil's ESG research team recently published a paper examining how ethical considerations ...

Companies that manage ESG issues "more resilient": Saturna Capital

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2020  |  NEWS
... considering sustainable performance is an outgrowth of of of its original fund offerings, which is Sharia-compliant investment. "When you talk about sustainability, these days, it often focuses on environmental and social issues, but historically, the ...

VFMC hires Talieh Williams as head of investment stewardship

RACHEL ALEMBAKIS  |  THURSDAY, 23 JAN 2020  |  NEWS
The Victorian Funds Management Corporation (VFMC) has hired Talieh Williams to the role of head of investment stewardship. Talieh Williams A spokesperson for VMFC confirmed that Williams will join the fund 3 February and will report to CIO Russell Clarke. ...

Australian execs see impacts of, responsibility for climate change: Deloitte

RACHEL ALEMBAKIS  |  TUESDAY, 21 JAN 2020  |  NEWS
... take an integrated approach to implementing new technologies, with 88% of Australian executives saying this was an investment priority, compared to 47% globally. Further, 8% of Australian businesses said they would invest in new technology to protect ...

Eurozone outperforms North America in ESG investing: Amundi

RACHEL ALEMBAKIS  |  FRIDAY, 17 JAN 2020  |  NEWS
... Amundi recently analysed data from January 2018 to June 2019 to analyse the performance of 1,700 companies across five investment universes - MSCI North America, MSCI EMU, MSCI Europe-ex EMU, MSCI Japan and MSCI World. The research is based on quantitative ...