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Fashion industry shows action, gaps in ethical sourcing: Baptist World Aid

RACHEL ALEMBAKIS  |  FRIDAY, 30 OCT 2020  |  NEWS
More than 70% of global fashion brands around the world could demonstrate at "at least some deliberate positive action" to support vulnerable workers during the COVID-19 pandemic, but the pandemic also exposed areas needing "vast improvement", according ...

Northern Trust scores win in Vanguard reversal

KANIKA SOOD  |  THURSDAY, 29 OCT 2020  |  NEWS
... global equities. The allocations sit in multi-asset funds and some standalone funds from ANZ Investments and OneAnswer. The total amount is understood to be about $5 billion. Vanguard used an index-tracking strategy in the international credit allocation ...

Assessing the costs, opportunities to green hydrogen

RACHEL ALEMBAKIS  |  THURSDAY, 22 OCT 2020  |  NEWS
... 2030 target where green hydrogen displaces grey hydrogen in commercial processes, the European Commission has estimated the total investment required to achieve its 2030 vision at €320-€460bn, with €220-€340bn of this to cover €80GW-120GW of ...

TCorp NSW issues $1.3 billion green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 OCT 2020  |  NEWS
... lead managers of the transaction are Commonwealth Bank of Australia, National Australia Bank and UBS Investment Bank. The total amount of bids received at final price exceeded $4 billion, TCorp noted. The bonds are issued under the NSW Sustainability ...

Retail sustainable investments grow by 21%: Morningstar

RACHEL ALEMBAKIS  |  TUESDAY, 13 OCT 2020  |  NEWS
... sustainable fund launches have increased materially over the past three years. Although still a small percentage of the total launches, ten additional sustainable fund vehicles were launched by the end of August 2020. A total of 14 sustainable funds ...

Super fund ESG option tops charts with investment returns

RACHEL ALEMBAKIS  |  THURSDAY, 8 OCT 2020  |  NEWS
... account-based fees) that are at least 4.5% p.a. more than inflation (CPI. The fund is managed internally by UniSuper and carries total investment fees, costs and transaction costs of 0.49%. According to UniSuper, the fund has approximately 3%, or 17,500 ...

Wesfarmers director to retire

RACHEL ALEMBAKIS  |  THURSDAY, 24 SEP 2020  |  NEWS
... through achieving proportional representation for Aboriginal and Torres Strait Islander Peoples. This would equate to a total of approximately 3000 people across Wesfarmers' existing workforce by the end of 2022. The environmental metrics aim to ...

Governance Institute backs recommendations for virtual AGMs

RACHEL ALEMBAKIS  |  FRIDAY, 18 SEP 2020  |  NEWS
The Governance Institute of Australia is backing recommendations from a Senate committee to amend the Corporations Act to allow virtual and hybrid annual general meetings. The Senate Select Committee on Financial Technology and Regulatory Technology ...

Superannuation funds accelerate climate action: ClimateWorks

RACHEL ALEMBAKIS  |  FRIDAY, 18 SEP 2020  |  NEWS
... sector evaluated the commitments of the country's largest superannuation funds, which collectively hold $1.5 trillion in total assets under management, to address emissions funded through their investments, and evaluates their alignment with the ...

FTSE Russell enhances Green Revenues data model

RACHEL ALEMBAKIS  |  TUESDAY, 15 SEP 2020  |  NEWS
... and 133 micro-sectors and 16,000 listed companies across 48 developed and emerging markets. This represents 98.5% of the total global market value of listed companies, FTSE Russell said. FTSE Russell also applies a green 'tiering' system to determine ...