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Most-read articles of 2024

ROSE MARY PETRASS  |  THURSDAY, 19 DEC 2024  |  NEWS
... a flaw in ESG ratings as a reliable metric for fund managers, a global index provider says. Read here. Investors exit climate group amid politicisation Climate Action 100+ lost two more asset managers in May. The high-profile withdrawals were pinned ...

Aus govt calls VCs and private equity to back circular economy

ROSE MARY PETRASS  |  MONDAY, 16 DEC 2024  |  NEWS
... inaugural plan for a circular economy. The Circular Economy Framework, released last week by the federal department of climate change, energy, environment and water, calls investors the catalysts for achieving this change. The plan sets out the conditions ...

Climate ETF smashes global record

ROSE MARY PETRASS  |  MONDAY, 16 DEC 2024  |  NEWS
A climate-focused ETF has broken the world record on ETF launch funding, debuting with US$2.4 billion in assets from Finnish pension insurer Varma. The Invesco MSCI Global North America Climate ETF (KLMN) tracks the MSCI Global Climate 500 North America ...

Big money urged to leverage influence

ROSE MARY PETRASS  |  MONDAY, 16 DEC 2024  |  NEWS
Long-term asset owners are not putting their influence to use, according to a new study on the climate policy influence of the world's largest institutional investors. 73% of the asset owners, representing more than $12 trillion in assets, have ...

Investors "not interested" in nuclear

ROSE MARY PETRASS  |  MONDAY, 16 DEC 2024  |  NEWS
... reliance on its aging coal plants, which are already faltering and causing significant issues with our grid." Meanwhile, the Climate Council accused the Coalition of allegedly "cooking the books" with "dodgy accounting". CEO Amanda McKenzie said the ...

Climate changes how investors get paid

ROSE MARY PETRASS  |  FRIDAY, 13 DEC 2024  |  NEWS
Climate change is causing a shift in the way investments are returned, from paying dividends to repurchasing shares - particularly in Australia. New research from the University of Queensland (UQ) finds the US, China, and the Philippines are also most ...

Green moves: PRI, Scientific Beta, RIAA, CA100+, Australian Unity, Net Zero Economy Authority

ROSE MARY PETRASS  |  THURSDAY, 12 DEC 2024  |  NEWS
... past seven years. Warwick Schneller will lead Australia and New Zealand investment solutions at the smart factor, ESG and climate index provider. At the Responsible Investment Association of Australasia (RIAA), U Ethical stewardship head Rachel Alembakis ...

Asset managers move climate targets in-house

ROSE MARY PETRASS  |  THURSDAY, 12 DEC 2024  |  NEWS
... and Franklin Templeton shed light on their departures from UN-convened Net Zero Banking Alliance (NZBA) and embattled climate group Climate Action 100+ (CA100+) respectively. GS said it would move its climate commitments to oversight by an in-house team ...

What to expect in 2025

ROSE MARY PETRASS  |  WEDNESDAY, 11 DEC 2024  |  NEWS
... fundamentals of practical, financially material responsible investing, Dunstan predicts. It's all about measurable results with climate reporting rolling out from 2025, and investors facing the challenge of aggregating this data and integrating it into ...

Geopolitical tensions create investor opportunity: Franklin Templeton

ELIZA BAVIN  |  TUESDAY, 10 DEC 2024  |  NEWS
... for investors, according to a new paper from Franklin Templeton. These geopolitical pressures, comparable in impact to climate change, are now immediate, direct, and global in reach, shaping policies and influencing investment returns, Franklin Templeton ...