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Investors zero in on nature, human rights nexus

ROSE MARY PETRASS  |  MONDAY, 9 DEC 2024  |  NEWS
Principles for Responsible Investment (PRI) has finally tackled the complex issue of nature and human rights in the first comprehensive framework published last week. The UN-convened initiative says more investors and companies are ramping up nature ...

QIC Real Estate secures $3.75bn SLL

ROSE MARY PETRASS  |  MONDAY, 9 DEC 2024  |  NEWS
QIC Real Estate just converted more than a quarter of its portfolio into Sustainability-Linked Loans (SSL), taking its total sustainable financing to 73.4% of Australian property debt facilities. The funds are QIC Property Fund (QPF) at $2.8bn, and ...

Big names back plastics phaseout

ROSE MARY PETRASS  |  MONDAY, 9 DEC 2024  |  NEWS
Stewart Investors alongside peers signaled its support for a strong global agreement on plastic pollution, even as the treaty was stalled at the final stages. BNP Paribas, Fidelity and Robeco threw their weight behind the Global Plastic Treaty; alongside ...

Greenwash top of mind for Kiwi funds

ROSE MARY PETRASS  |  THURSDAY, 5 DEC 2024  |  NEWS
NZ responsible investing grew 14% to $294 billion in 2023 with Mint Funds, Milford, NZ Super, and Harbour AM leading the way, according to Responsible Investment Association Australasia (RIAA). Rachel Tinkler, head of responsible investment for Mint ...

Investors dismiss US federal court case

ROSE MARY PETRASS  |  THURSDAY, 5 DEC 2024  |  NEWS
BlackRock, State Street and Vanguard dismissed the case against them by 11 red US states, calling accusations they violated antitrust laws "baseless". Texas Attorney General Ken Paxton filed a Federal Court case claiming the firms "conspired to artificially ...

Regional just transition plan names CEO

ROSE MARY PETRASS  |  THURSDAY, 5 DEC 2024  |  NEWS
The taskforce charged with a just transition for the coal workforce names its first boss. Veteran public servant David Shankey is the inaugural CEO for the Net Zero Economy Authority (NZEA), the government agency focused on ensuring a fair transition ...

Investors welcome Future Made in Australia bills

ROSE MARY PETRASS  |  THURSDAY, 5 DEC 2024  |  NEWS
Australia's green manufacturing potential is set to be unleashed, with savvy investors poised to reap the rewards from $22.7 billion of incentives. The Albanese government's Future Made in Australia Fund passed Parliament late last week. It will fuel ...

Podcast: Everything you missed at COP29 climate conference with Richie Merzian

THE GREENER WAY  |  TUESDAY, 3 DEC 2024  |  NEWS
... goals, or reached an impasse. Richie Merzian was on the ground in Baku during COP29. Richie, the CEO of Clean Energy Investor Group, joins host Rose Mary Petrass, senior journalist at FS Sustainability. Stream all episodes of The Greener Way here.

Green investors face short-term bumps

ROSE MARY PETRASS  |  FRIDAY, 29 NOV 2024  |  NEWS
Sustainability trends will stay the path despite short-term challenges, according to the latest prediction from an international sustainable asset manager. Robeco's outlook on sustainable investing finds ongoing global economic headwinds have caused ...

Hostplus boosts VC funding for renewable energy tech

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024  |  NEWS
Super fund Hostplus gives the sustainable investment sector a big boost by committing an additional $125 million investment to the IP Group Hostplus Innovation Fund. Hostplus added to its existing $310 million investment to bring its total commitment ...