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IFM Investors certified by Climate Active

RACHEL ALEMBAKIS  |  TUESDAY, 1 AUG 2023  |  NEWS
... emissions are scope 3 - IT services and equipment, professional services, transport and travel," noted head of sustainable investments Rena Pulido. "The emissions actions that we will be taking is to transition to 100% renewable in our offices, engaging ...

NGS tracking ahead on 2030 net zero pledge

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
... emissions technologies/infrastructure such as renewable energy, and research allocation of capital to carbon-positive investments such as natural capital/carbon capture, utilisation and storage (CCUS). Squires said that the steps the fund has taken has ...

Challenging market weakens ESG-focused fund flows

ROSE MARY PETRASS  |  THURSDAY, 27 JUL 2023  |  NEWS
... $US3.7 billion in the second quarter compared with the previous quarter. The total size of Australasian sustainable investments is estimated to be $US27.5 billion. Australian Ethical increased its market share following a merger with Christian Super. ...

Report sounds alarm on data centre climate risks

RACHEL ALEMBAKIS  |  THURSDAY, 27 JUL 2023  |  NEWS
... infrastructure asset class allocation, particularly by super funds. "We're already seeing that in terms of actual investments by super funds, and they have an obligation to understand what the climate risks particularly are of data centres." In addition ...

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
... Conscious Global Aggregate Bond Index Fund (Hedged) (Fund) were screened against certain ESG criteria." ASIC said investments in the fund were based on the Bloomberg Barclays MSCI Global Aggregate SRI Exclusions Float Adjusted Index and "Vanguard claimed ...

APRA strengthens super fund ESG responsibilities

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
... ESG risks and opportunities in investment activities and demonstrate how stewardship activities generate value in investments. The prudential regulator has released its final guidance on investment governance for superannuation trustees under Prudential ...

ANZ augments sustainable finance team

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 JUL 2023  |  NEWS
... billion by the end of 2030 towards improving social and environmental outcomes through customer initiatives and direct investments by ANZ. Tapley is a member of FS Sustainability's inaugural ESG Power50 list.

Does ESG have a fiduciary problem?

ROSE MARY PETRASS  |  WEDNESDAY, 12 JUL 2023  |  NEWS
... of stakeholders. ESG investing, they said, provides a holistic approach that broadens the evaluation criteria for investments and promotes risk reduction for clients. "We're moving beyond the question of, 'what is ESG?' and now we're ...

Climate transition not one-size-fits-all

ROSE MARY PETRASS  |  TUESDAY, 11 JUL 2023  |  NEWS
... "Every place is different. Communities choosing their path will require support in different areas from government, and investments that make sense in one place won't necessarily be needed, wanted, or viable in another," Hammerle said. She said communities ...

Infrastructure funds challenge private equity in ESG race

ROSE MARY PETRASS  |  WEDNESDAY, 5 JUL 2023  |  NEWS
... suggests ESG initiatives are no longer limited to large-scale corporations or funds. As a result, the average size of ESG investments or projects is declining as they become more widespread and accessible. Article 8 funds - funds that products promote ...