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Investors push for nature in climate plans

ROSE MARY PETRASS  |  TUESDAY, 6 FEB 2024  |  NEWS
Transition plans are pivotal to ensuring companies' credibility in achieving net-zero goals - but currently do not factor in safeguarding and restoring nature and biodiversity. In a bid to accelerate the protection and restoration of nature, finance ...

Rise in ESG commitment by global funds: Morningstar

RACHEL ALEMBAKIS  |  MONDAY, 5 FEB 2024  |  NEWS
... environmental, social, and governance issues has tapered in some markets, investor interest in sustainable investing remains high overall," Morningstar said. "There is broad recognition that sustainability issues, including climate change, should be ...

Ninety One launches emerging market transition debt fund

RACHEL ALEMBAKIS  |  MONDAY, 5 FEB 2024  |  NEWS
... emissions where most needed," including investing in credit that provides new clean infrastructure and technology and to high-emitting companies that have potential to meaningfully reduce emissions with a competitive risk-adjusted return. The strategy ...

Growth in green bond issuance brings choice, challenges

RACHEL ALEMBAKIS  |  MONDAY, 5 FEB 2024  |  NEWS
... green bond portfolio, say, you may invest in companies that are not there yet in the transition, and have perhaps a fairly high carbon footprint and high carbon intensity of the business, but they have outlined a plan over a number of years a transition ...

Australia climbs quickly on climate policy development

ROSE MARY PETRASS  |  MONDAY, 5 FEB 2024  |  NEWS
... exposure of the Australian economy and achieving a sustainable transition to net zero. "It is important the regime supports high quality, useful and comparable disclosures, and critical to achieving this is a proportionate and appropriate approach to ...

Hazardous chemicals a key challenge for investors

ROSE MARY PETRASS  |  FRIDAY, 2 FEB 2024  |  NEWS
... the environment. Villanueva commented that investors should exclude products that meet the criteria for substances of very high concern (SVHCs), as well as ensuring that the companies they invest in have robust chemical management strategies. In Europe ...

Closing Loopholes legislation

ALICIA MATAERE  |  THURSDAY, 1 FEB 2024  |  NEWS
The Fair Work Legislative Amendment (Closing Loopholes) Bill 2023 has been split, with the first part of the Bill passing the Senate on 7 December 2023 and receiving Royal Assent on 14 December 2023 to come into force as part of the Fair Work Legislative ...

ANZ sustainable fund flows buck global trend: Morningstar

RACHEL ALEMBAKIS  |  THURSDAY, 1 FEB 2024  |  NEWS
... outflows of 1 US$2.2 billion and Canada saw outflows of - US$200 million. Asia ex-Japan grew by US$100 million. Globally, "high interest rates and looming recession among some of the world's largest economies weighed on investor sentiment along with ...

BlueScope receives funding for lower emissions project

RACHEL ALEMBAKIS  |  THURSDAY, 1 FEB 2024  |  NEWS
... trends in the global economy. But more ambitious and targeted incentives are needed here to accelerate the pivot away from high-carbon intensity steel production. Taxpayer support for a new blast furnace does not achieve this." The Climate Capital Forum ...

Nature-related disclosures underway

ROSE MARY PETRASS  |  THURSDAY, 1 FEB 2024  |  NEWS
Reporting on nature-related corporate disclosures with the Taskforce on Nature-related Financial Disclosures (TNFD) is now underway, with the first 320 companies and financial institutions now taking part. The first cohort of adopters are taking steps ...