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New nature-based team for AECOM ANZ

ROSE MARY PETRASS  |  THURSDAY, 27 APR 2023  |  NEWS
Global infrastructure consulting firm AECOM has announced the creation of a specialized team dedicated to delivering nature-based client solutions in Australia and New Zealand. The ANZ-based team aims to address complex problems related to climate change ...

Casting a wide net: ending modern slavery in fisheries

ROSE MARY PETRASS  |  THURSDAY, 27 APR 2023  |  NEWS
Seafood is one of the most traded food commodities in the world, and with an annual revenue of US$611.80 billon in 2023 the market is expected to grow by 6.23% annually to 2027. However, many consumers and investors are unaware of the risk of modern ...

CEFC invests $75m in Queensland recycling facility

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 APR 2023  |  NEWS
The Clean Energy Finance Corporation (CEFC) is committing almost three quarters of its Australian Recycling Investment Fund to develop a flagship construction and demolition (C&D) recycling facility in Queensland. The $75 million CEFC investment is ...

Sustainability is facing a data crisis: new research

ROSE MARY PETRASS  |  THURSDAY, 20 APR 2023  |  NEWS
Inadequate data, fear of greenwashing and economic pressures is stalling progress on sustainability, according to a new study from Google Cloud. The study, conducted by The Harris Poll, found that greater accountability, better measurement and management ...

South Korea leads with ESG fund disclosure taskforce and anti-greenwash laws

ROSE MARY PETRASS  |  THURSDAY, 20 APR 2023  |  NEWS
South Korean markets watchdog the Financial Supervisory Service (FSS), has announced a taskforce to develop ESG fund disclosure standards. The framework will cover investment strategy and targets, relevance to ESG, manager capabilities and performance ...

Amundi launches suite of Net Zero funds

RACHEL ALEMBAKIS  |  THURSDAY, 20 APR 2023  |  NEWS
European asset manager Amundi has launched a suite of Net Zero Ambition funds across multiple asset classes aimed at both institutional and retail investors. The goal of the Net Zero Ambition funds is to invest in companies "best to support the transition ...

$500bn investment needed to decarbonise NEM

RACHEL ALEMBAKIS  |  TUESDAY, 18 APR 2023  |  NEWS
It is possible to decarbonise Australia's National Electricity Market (NEM) in line with the ambition of limiting global warming to 1.5°C, but it carries a price tag of nearly half a trillion dollars of investment between now and 2050. The Clean ...

Quinbrook acquires US biofuel producer

RACHEL ALEMBAKIS  |  THURSDAY, 13 APR 2023  |  NEWS
Renewable energy investor Quinbrook Infrastructure Partners has made its first foray into biofuels through a US investment. Quinbrook has acquired PurposeEnergy, an established US-based renewable fuels and biogas specialist that focuses on using waste ...

Turning PV waste into investment opportunity

ROSE MARY PETRASS  |  THURSDAY, 13 APR 2023  |  NEWS
The Australian renewable energy sector is grappling with the dilemma of what to do with an estimated 80 million solar panels at end of life - more than 100,000 tonnes due to be dismantled in Australia from 2035 onwards. This enormous volume of waste ...

Fund Manager round up: Maple-Brown Abbot, Brookfield, Cultiv8

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 APR 2023  |  NEWS
This week, Maple-Brown Abbott launched a repositioned sustainability fund, Brookfield made its first Australian renewables investment and Cultiv8 made three investments. Maple-Brown Abbott launched the Maple-Brown Abbott Australian Sustainable Future ...