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Showing 711 - 720 of 1758 results for "act."

CEFC reaches $10 billion landmark

RACHEL ALEMBAKIS  |  FRIDAY, 18 MAR 2022  |  NEWS
The Clean Energy Finance Corporation (CEFC) has hit the milestone of surpassing $10 billion in lifetime investment commitments in its nearly nine-year tenure. Since inception, the CEFC has drawn $5.4 billion from its original $10 billion funding allocation ...

ESG drivers rising up M&A strategy agenda: PwC

RACHEL ALEMBAKIS  |  THURSDAY, 17 MAR 2022  |  NEWS
ESG performance is influencing mergers and acquisitions and impacting value calculations, according to PwC. PwC has published analysis of the global and local outlook for M&A activity. The report notes that in 2021, Australia was active across most ...

Conscious Investment Management adopts Reconciliation Action Plan

RACHEL ALEMBAKIS  |  THURSDAY, 17 MAR 2022  |  NEWS
Specialist impact investment fund manager Conscious Investment Management (CIM) has launched its first Reconciliation Action Plan (RAP). The Reflect RAP is intended to guide the firm's "commitment to collaborating with Aboriginal and Torres Strait Islander ...

Divestment from sanctioned Russian companies a matter of governance

RACHEL ALEMBAKIS  |  THURSDAY, 10 MAR 2022  |  NEWS
A number of asset owners have announced that they will divest from Russian holdings in response to the invasion of Ukraine. In addition to ethical considerations, investors will have to sell out of Russian securities if the underlying company appears ...

Identifying female leadership as driver of value: Vontobel

RACHEL ALEMBAKIS  |  THURSDAY, 10 MAR 2022  |  NEWS
Engaging with companies to enhance gender and other forms of diversity includes discussing not only hiring practices, but promotion, retention and how performance reviews are conducted, according to Vontobel Asset Management. Sudhir Roc-Sennett, Vontobel's ...

New Forests Asia fund reaches $120 million first close

RACHEL ALEMBAKIS  |  THURSDAY, 10 MAR 2022  |  NEWS
Nature-based real assets and natural capital strategies investment manager New Forests has reached first close of its Tropical Asia Forest Fund 2 (TAFF2) with US$120 million of capital commitments. Investors in the first close include sovereign wealth ...

CBA highlights strong demand for ACCUs in push to expand carbon market

RACHEL ALEMBAKIS  |  THURSDAY, 3 MAR 2022  |  NEWS
The Australian Carbon Credit Unit (ACCU) market must scale up in terms of supply while maintaining its reputation for high integrity, according to Commonwealth Bank of Australia. One of the challenges in Australia's carbon market is that there is a ...

Active Super turns to fixed income carbon on road to net zero

RACHEL ALEMBAKIS  |  THURSDAY, 3 MAR 2022  |  NEWS
Active Super's fixed income investments are the single largest contributor to its portfolio carbon emissions, with the $14 billion super fund using new calculations as the basis for its interim planning to meet their 2050 net zero target. Active ...

Australian Unity hires ESG property specialist

RACHEL ALEMBAKIS  |  MONDAY, 28 FEB 2022  |  NEWS
Australian Unity has hired Parag Shinde as national manager - ESG, responsible for leading and implementing a best-in-class ESG approach across the firm's commercial property portfolio. Shinde comes to Australian Unity from Property NSW, where he was ...

AGL takeover bid first, but not last on net zero grounds

RACHEL ALEMBAKIS  |  THURSDAY, 24 FEB 2022  |  NEWS
The takeover bid for AGL by Mike Cannon-Brookes's Grok Ventures and Brookfield Asset Management is not likely to be the only proposed deal that seeks to take emissions intensive infrastructure and utility assets from listed markets into private ownership ...