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Gender-based strategy gives impact investing a boost

ROSE MARY PETRASS  |  TUESDAY, 5 MAR 2024  |  NEWS
Good Return has partnered with Macquarie to call for increased gender-based impact investment to support women entrepreneurs. There is a US$360 billion annual financing gap for women-owned small businesses, according to the UN. Impact investing, which ...

Funds SA hires ESG expert

ELIZABETH FRY  |  MONDAY, 4 MAR 2024  |  NEWS
Funds SA has appointed a new investment professional to sit within the responsible investment team. The investment arm of the South Australian government has welcomed Kana Thorpe to the newly created role of assistant portfolio manager for responsible ...

Blue bonds: A growing resource for sustainability financing

MATT LAWTON, TONGAI KUNORUBWE  |  THURSDAY, 29 FEB 2024  |  NEWS
Issuance of sustainable debt has exploded over the past 10 years as investors seek investment returns by allocating capital toward sustainability efforts. This trend is likely to continue as climate-change-related challenges become increasingly frequent ...

Looking beyond the gender pay gap

ROSE MARY PETRASS  |  THURSDAY, 29 FEB 2024  |  NEWS
Financiers are calling for a more nuanced breakdown of the gender pay gap, including executive salaries, and metrics tracking race, disability, and gender diverse individuals. This week, Workplace Gender Equality Agency (WGEA) revealed the median total ...

PRI appoints RI ecosystem officers

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024  |  NEWS
The Principles for Responsible Investment (PRI) has hired a chief RI ecosystems officer for the Americas and APAC and promoted another to a similar role covering the UK, Europe and India, Middle East and Africa. Cambria Allen-Ratzlaff is chief RI ecosystems ...

Defunct fund pays greenwashing fine

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 FEB 2024  |  NEWS
A now-defunct app-led climate impact fund is the latest entity to cop a fine for greenwashing from the regulator. Melbourne Securities Corporation (MSC) has paid $13,320 to comply with an ASIC infringement notice relating to allegations of misleading ...

Investors scrutinise Australia-first gender pay gap data

ROSE MARY PETRASS  |  TUESDAY, 27 FEB 2024  |  NEWS
Investors are looking to today's gender pay gap release to inform decision-making and identify reputational, legal, and financial risks in investible companies. The Workplace Gender Equality Agency (WGEA) today published data on base salaries and total ...

Personal views influence climate decision-making

ROSE MARY PETRASS  |  MONDAY, 26 FEB 2024  |  NEWS
Australian and Asia Pacific financiers see reputational risk as a greater concern than the social and environmental impacts of the companies in which they invest. Personal views on climate are influencing investment decision-making, with financiers ...

Aware and Macquarie partner on green finance

ROSE MARY PETRASS  |  MONDAY, 26 FEB 2024  |  NEWS
Aware Super has inked a US$50 million deal to buy a speciality infrastructure finance company alongside Macquarie Asset Management's (MAM) Green Investment Group (GIG). Aware's private equity team will co-invest in Galway Sustainable Capital (GSC) ...

Rest makes another impact investment allocation

RACHEL ALEMBAKIS  |  MONDAY, 26 FEB 2024  |  NEWS
Rest is $150 million closer to reaching its impact investment target after allocating to a listed equity fund. Rest has invested in an international listed equities strategy run by Ninety-One, which "aims to achieve long-term total returns by investing ...