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Signs of a "greenium" in bond market: Climate Bond Initiative

RACHEL ALEMBAKIS  |  THURSDAY, 11 MAR 2021  |  NEWS
... green bonds are known to attract. The report covers 35 Euro and 19 US dollar denominated benchmark size green bonds with a total value of US$62.5 billion issued during July to December 2020, which CBI calls "a period of rebound in the green bond market." ...

Calculating the social cost of carbon: Dimensional Fund Advisors

RACHEL ALEMBAKIS  |  THURSDAY, 4 MAR 2021  |  NEWS
The total cost of future damage caused by greenhouse gas emissions can be used to estimate a price as a basis for generating climate change policy as well as considering impacts on companies, according to Dimensional Fund Advisors. Joseph Chi, head ...

We must approach public equities with an 'impact' mindset

KATHRYN MCDONALD, HEIDI RIDLEY  |  THURSDAY, 4 MAR 2021  |  NEWS
When asked about 'impact', the first reaction of many investors is to point to private markets. We argue that, if we are indeed to achieve the massive social and environmental objectives that are needed, we must enlist the public markets, specifically ...

Mars Australia shifts to 100% renewable energy

RACHEL ALEMBAKIS  |  THURSDAY, 4 MAR 2021  |  NEWS
... using power generated by the Victoria-based Kiamal Solar Farm developed by renewable energy Independent Power Producer (IPP) Total Eren. Kiamal Solar Farm came online this week. "I am proud to announce that we are making the switch to 100% renewable ...

CEFC finances Tesla megapack battery project

RACHEL ALEMBAKIS  |  MONDAY, 1 MAR 2021  |  NEWS
... Energy Market Operator (AEMO). The CEFC cites independent analysis by PWC, which finds that the SIPS process could deliver total benefits of more than $220 million to Victorian consumers in the next 11 years, including savings on power bills. The analysis ...

APA Group sets net zero targets for emissions

RACHEL ALEMBAKIS  |  THURSDAY, 25 FEB 2021  |  NEWS
... renewable energy assets - the company has invested over $750 million to date in renewable energy projects around Australia, with total nameplate capacity of more than 470 megawatts, according to their climate statement. Wheals also announced that APA's ...

Coca-Cola Amatil sets net zero carbon targets

RACHEL ALEMBAKIS  |  THURSDAY, 25 FEB 2021  |  NEWS
... hydrogen as a feed stock, van Bodegraven said. Amatil has also set consumer wellbeing targets for 20205, including reducing total non-alcoholic beverages portfolio sugar grams per 100ml by 35 per cent in Indonesia, and by 20% in Australia and New Zealand ...

ESG a total-portfolio subject: bfinance

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 FEB 2021  |  NEWS
ESG is increasingly becoming a "total portfolio" subject, with investors seeking an approach to material ESG issues in a way that encompasses all asset classes, according to a new study from bfinance. The global study includes 26 Australian respondents ...

BetaShares to launch climate change innovation ETF

RACHEL ALEMBAKIS  |  THURSDAY, 18 FEB 2021  |  NEWS
... commence trading on the ASX in coming weeks. CLNE will track the S&P Global Clean Energy Index, which has delivered a one-year total return of 116.0% as of 29 January 2021. CLNE offers targeted exposure to the largest global companies with low carbon ...

Ausbil drops fossil fuel companies from sustainable fund

RACHEL ALEMBAKIS  |  THURSDAY, 18 FEB 2021  |  NEWS
... or indirect earnings derived from fossil fuels has excluded a further 10.5% of the investible universe, Carlsson said. In total, approximately 25% of the ASX200 index is excluded from the investible universe of the Ausbil Active Sustainable Equity Fund. ...