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Australia vulnerable as countries decarbonise

RACHEL ALEMBAKIS  |  FRIDAY, 30 OCT 2020  |  NEWS
With governments around the world setting low carbon targets, there are clear implications for investors in integrating carbon transition considerations in their portfolio. J.P. Morgan Asset Management has outlined the ways in which government actions ...

Waste and recycling legislation to foster circular economy: EY

RACHEL ALEMBAKIS  |  FRIDAY, 30 OCT 2020  |  NEWS
The passage of the Recycling and Waste Reduction Bill can strengthen opportunities in the waste and resource recovery sectors, according to EY. Yesterday, Parliament passed legislation mooted during the October budget speech by Treasurer Josh Frydenberg. ...

ESG managed funds outperform

RACHEL ALEMBAKIS  |  FRIDAY, 23 OCT 2020  |  NEWS
The top wholesale ESG managed funds have turned in strong returns over the past one and three years to August 2020, according to research from Rainmaker Information. BetaShares Global Sustainability Leaders ETF (ETHI) has shown a return of 27.9% over ...

First Sentier publishes Modern Slavery Statement

RACHEL ALEMBAKIS  |  THURSDAY, 22 OCT 2020  |  NEWS
First Sentier Investors (FSI) has issued its Modern Slavery Statement, which it calls a "high level" approach to identifying sources of risk and remedies. FSI outlined its policies to managing modern slavery in its operational supply chain as well as ...

Industry fund lifts game on SRI options

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 OCT 2020  |  NEWS
A $120 billion industry superannuation fund has revamped its SRI option to tighten screening standards. Aware Super has updated its Socially Responsible Investment (SRI) options to refine the list of excluded companies to include those earning 5% or ...

Zenith creates ESG framework for fund classification

RACHEL ALEMBAKIS  |  THURSDAY, 15 OCT 2020  |  NEWS
Zenith Investment Partners is aiming to demystify ESG and responsible investing strategies for clients by introducing a tiered framework that describes funds' activities based on their research. "When considering the landscape of ESG issues or values ...

Investors, assemble: Climate League launched

RACHEL ALEMBAKIS  |  THURSDAY, 15 OCT 2020  |  NEWS
A group of 16 institutional investors with more than $850 billion collective Australian assets under management have launched a 10-year initiative to drive greenhouse gas emissions down by 2030. The Climate League 2030 will see participants "support ...

Retail sustainable investments grow by 21%: Morningstar

RACHEL ALEMBAKIS  |  TUESDAY, 13 OCT 2020  |  NEWS
Retail investment in sustainable financial products rose to $19.9 billion by the end of June 2020, a 21% increase on the previous year, according to research from Morningstar. Morningstar recently released a report, Sustainable Investing Landscape for ...

PRI recgonises leaders for climate reporting

RACHEL ALEMBAKIS  |  THURSDAY, 8 OCT 2020  |  NEWS
Australian asset owners and fund manager were recognised for their leadership in climate reporting on the Principles for Responsible Investment Leaders' Group. PRI recognised 36 asset owners and fund managers for their work on climate disclosure ...

BlackRock details engagement activity in stewardship report

RACHEL ALEMBAKIS  |  TUESDAY, 29 SEP 2020  |  NEWS
BlackRock has increased its engagement by nearly half this year, and increased the number of votes against directors in invested companies, according to its 2020 BlackRock Investment Stewardship (BIS) report. BlackRock's report details their activities ...