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ESG ratings "just opinions": Dimensional Fund Advisors

RACHEL ALEMBAKIS  |  THURSDAY, 17 JUN 2021  |  NEWS
... to fill in the gaps that companies may not be disclosing. "The difference in ratings is not problematic, as long as the people, the investors who are using the data understand where the data is coming from and how the system comes up to that rating," ...

Oil and gas industry debate green hydrogen future

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 JUN 2021  |  NEWS
... stakeholder acceptance to drive down cost and increase scalability. "While we do have this piece with social acceptance and people willing to move, it's a good time to look at cost and scalability," Perry said. "The cost for early movers is going to ...

ASFI reports on momentum towards sustainable finance sector

RACHEL ALEMBAKIS  |  TUESDAY, 8 JUN 2021  |  NEWS
... join the dots that connects the disparate activity into a coherent plan of work. That's what we're really hoping people will use this." The report also highlighted examples of bond issuance, project investment, lending practices and the development ...

Strong fund flows into sustainable products: BT

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 JUN 2021  |  NEWS
... advisers are getting more comfortable about the more interesting products like impact investing. We are definitely seeing more people investing in some of the impact products that are available on Panorama." The selection of sustainable funds that are ...

Enhanced ESG reporting linked to funding outcomes

RACHEL ALEMBAKIS  |  THURSDAY, 27 MAY 2021  |  NEWS
... with Deloitte, EY, KPMG and PwC. The 21 material metrics are based on four pillars - Principles of Governance, Planet, People, and Prosperity, and draw linkages to reporting standards including GRI, International Accounting Standards, SASB, the TCFD ...

Powerful signal on climate with votes, court decisions

RACHEL ALEMBAKIS  |  THURSDAY, 27 MAY 2021  |  NEWS
... class action against Minister Ley in September 2020, asking the court to recognise the minister has a duty to protect young people around Australia from foreseeable future climate change harms. The students alleged that approving a major extension to ...

ASX companies join 40:40 Vision

RACHEL ALEMBAKIS  |  THURSDAY, 27 MAY 2021  |  NEWS
... Shayne Elliott noted that for ANZ to be successful into the future, they have to recruit and develop the most talented people, "which means staying open-minded about how we do that." "Not only will we continue to attract great talent to our organisation ...

$515 million sustainability loan anchors seaport refinance

RACHEL ALEMBAKIS  |  THURSDAY, 20 MAY 2021  |  NEWS
... strategies, their disclosures and sustainability reports, and come up with ideas based on materiality assessment, what other people have done in the market and what's relevant to their industry," Chan said. "We invite the customer to let us know ...

"Booming" demand for ESG specialists

RACHEL ALEMBAKIS  |  THURSDAY, 13 MAY 2021  |  NEWS
... Kaizen Recruitment. "There has been a lot of demand from super funds, fund managers, a lot of them are setting up teams of people and recruiting for positions like heads of ESG, so there's been significant demand on all levels from senior to junior ...

War, vice and climate: assessing investors ethical stands

RACHEL ALEMBAKIS  |  THURSDAY, 13 MAY 2021  |  NEWS
... them," Klassen said. "This survey provides insights in what our clients are seeing, and what else we can do to improve what people are looking for." Around a third of all investors said they wanted to boycott investing in companies with poor animal rights ...