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Industry reacts to ASIC greenwashing guidance

RACHEL ALEMBAKIS  |  THURSDAY, 16 JUN 2022  |  NEWS
The Australian Securities and Investments Commission's (ASIC) recently released information sheet on greenwashing is a good first step in setting the regulator's expectations, but experts say there is more to be done to improve disclosure on ...

ASIC: improve greenwashing disclosure or risk penalty

RACHEL ALEMBAKIS  |  THURSDAY, 16 JUN 2022  |  NEWS
The Australian Securities and Investments Commission's (ASIC) recent information sheet on greenwashing is focused on improving practices on ESG disclosure in managed funds and superannuation, with the regulator saying it would consider enforcement ...

Alexis Cheang joins TCorp

ELIZABETH FRY  |  THURSDAY, 2 JUN 2022  |  NEWS
... funds." Before her eight-year stint at Mercer, Cheang spent nearly ten years as director of governance and sustainable investments at F&C, a UK-listed asset management firm. She also held roles at the Global Network Initiative and Climate Wise.

Millennials, Gen X lead impact investing demand

RACHEL ALEMBAKIS  |  THURSDAY, 2 JUN 2022  |  NEWS
... overall, men report having a greater understanding of impact investing, according to research from American Century Investments. This is American Century's fifth impact investing study, assessing the role of impact investing on society as well as perceived ...

HESTA first super fund to oppose AGL demerger

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
... positive impact on Australia's pathway to net zero, lowering the overall systemic risk exposure of our members' investments." She added that the fund cannot "simply divest away from the risk of Australia being slow to transition to a low-carbon ...

US SEC proposes new disclosure for ESG funds

RACHEL ALEMBAKIS  |  THURSDAY, 26 MAY 2022  |  NEWS
... their portfolio. "The requirements are designed to meet demand from investors seeking environmentally focused fund investments for consistent and comparable quantitative information regarding the GHG emissions associated with their portfolios and to ...

BNP Paribas AM launches sustainable Asia fixed income strategy

RACHEL ALEMBAKIS  |  THURSDAY, 12 MAY 2022  |  NEWS
... fixed income strategy that is classified as an SFDR Article 9 fund under EU legislation, and is designed to capture investments that promote sustainable Asian cities that meet the challenges of increased urbanisation, impacts of physical climate change ...

NGS Super to reduce emissions 35% by 2025

RACHEL ALEMBAKIS  |  THURSDAY, 12 MAY 2022  |  NEWS
... killed on our timing," he noted. "The timeframe for YFYS is measured over an eight-year period, and sometimes the investments we make have a longer horizon than that - they may have a 15-year payoff. "That requires quite creative thinking. If you remove ...

Strong growth in cleantech VC investment

RACHEL ALEMBAKIS  |  THURSDAY, 5 MAY 2022  |  NEWS
... individuals." "Institutional investors are absolutely committed to larger allocations of capital into early-stage investments," Guest said. "The evidence for this would be highlighted by the size of the fundraising in the VC space over the last 12 months. ...

HESTA "unlikely to support" AGL demerger without faster closure of coal-fired stations

RACHEL ALEMBAKIS  |  TUESDAY, 3 MAY 2022  |  NEWS
... commitments" to close coal-fired power plants earlier than currently proposed. "To lower systemic risk and protect members' investments HESTA is pushing for a timely, orderly transition to a low-carbon future and we're not convinced the proposed AGL ...