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ARENA commits more than $100 million to clean hydrogen projects

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 MAY 2021  |  NEWS
... Valley Hydrogen Park in Wodonga, Victoria. The funding comes from ARENA's Renewable Hydrogen Deployment Funding Round. In total, these three projects have a combined project value of $161 million, with ARENA contributing up to 103.3 million. At 10 ...

Earth Day brings tidings of climate change commitments

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
... managers, including State Street Global Advisors (SSGA), have joined the Net Zero Asset Managers initiative, bringing the total number of signatories up to 87 managers with nearly $37 trillion in AUM. "We are especially keen to leverage our position ...

Rest launches Sustainable Growth option

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
... component, the option will invest in assets that have demonstrated a GRESB Real Estate Assessment, Rest said. Rest estimates total investment costs will come in at 0.36% per annum, making it one of the cheapest SRI options on the market. As reported ...

Using total portfolio management to gain China, ESG exposure

RACHEL ALEMBAKIS  |  THURSDAY, 22 APR 2021  |  NEWS
Investors can use a total portfolio risk and active management approach to gain exposure to Chinese assets without a negative impact on overall sustainability profile, according to Willis Towers Watson. Investors are interested in allocating capital ...

NZ climate disclosure legislation to affect Australian entities

RACHEL ALEMBAKIS  |  THURSDAY, 15 APR 2021  |  NEWS
... Zealand to produce climate-related disclosures. This includes all registered banks, credit unions, and building societies with total assets of more than NZ$1 billion, all managers of registered investment schemes with greater than NZ$1 billion in total ...

Rainmaker tracks gender diversity of ESG super funds

RACHEL ALEMBAKIS  |  THURSDAY, 8 APR 2021  |  NEWS
... boards. HESTA, one of the top performing ESG funds according to Rainmaker's methodology, currently has nine women out of a total of 14 directors on its board, including Chair Nicola Roxon, and half of the senior executive positions are held by women ...

Coles sets net zero target with absolute emissions reductions

RACHEL ALEMBAKIS  |  THURSDAY, 8 APR 2021  |  NEWS
... large-scale generation certificates from Lal Lal Wind Farms to further increase Coles' renewable electricity to 45% of total consumption by FY23. Lal Lal Wind Farms has been exporting renewable electricity at full capacity to the Victorian grid since ...

Fossil fuel share offerings sharply underperform: Carbon Tracker

RACHEL ALEMBAKIS  |  TUESDAY, 6 APR 2021  |  NEWS
... according to a new study from Carbon Tracker. Collectively, between 2012 and 2020, fossil fuel producers sold equity for a total of US$453 billion to investors, an amount that had declined to about US$330 billion by the end of 2020 - implying a loss ...

Green bond boom, but investors look to value proposition

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 MAR 2021  |  NEWS
... grounds, and note that some sustainable bonds fall short on valuations. "We run a global multisector fixed income fund with a total return objective," said Liam Moore, a fixed income investment specialist at JP Morgan Asset Management. "It doesn't ...

Macquarie Asset Management joins net zero initiative

RACHEL ALEMBAKIS  |  TUESDAY, 30 MAR 2021  |  NEWS
... agreeing to achieve 2030 emissions reductions and net zero by 2050 or sooner. The Net Zero Asset Managers initiative now has a total of 73 signatories representing US$32 trillion in assets under management (AUM), 36% per cent of the global total of funds ...