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RBA governor cites climate, energy transition in inflation puzzle

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022  |  NEWS
RBA Governor Philip Lowe cited climate change and the transition to renewable energy as two of four longer-term changes to the global economy that are "likely to affect the dynamics of inflation, central bank policy and the way business operates in ...

Trust in ethics plummets: Governance Institute

RACHEL ALEMBAKIS  |  THURSDAY, 17 NOV 2022  |  NEWS
Australia's perception of society's ethics has taken another fall, and the perceived overall importance of ethical conduct has increased, leading to a net ethical expectations gap that exposes risks, according to the Governance Institute. The ...

Australian asset owners lead on ESG integration, net zero investment

RACHEL ALEMBAKIS  |  THURSDAY, 17 NOV 2022  |  NEWS
Australian asset owners are twice as likely as global peers to target net zero investment, according to bfinance. The independent investment consultancy has released its biennial global asset owner survey, covering a broad range of investment topics ...

Cbus bolsters its ESG team

ELIZABETH FRY  |  THURSDAY, 17 NOV 2022  |  NEWS
Pooja Shirangi has started a new job with Cbus Super as manager, responsible investment. Shirangi joins from Lakehouse Capital, where she was most recently portfolio manager and head of ESG. Before her five-year stint with Lakehouse, Shirangi worked ...

First Sentier Investors gains B Corp accreditation

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 NOV 2022  |  NEWS
First Sentier Investors has been accredited as a B Corp, verifying its performance standards in social, environmental and good governance. B Corp accreditation is a global standard which identifies businesses and organisations with sustainable and ethical ...

Nuveen, SGCH announce separate housing deals

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 NOV 2022  |  NEWS
Adelaide will see a new student accommodation housing project via Nuveen Real Estate while SGCH's affordable housing project with Lighthouse Infrastructure will expand in Western Sydney. Nuveen Real Estate will partner with Flinders University on The ...

Seeking action at "implementation" COP27

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
The COP27 in Sharm El-Sheikh has been labelled an implementation COP, where governments, investors and other actors are called upon to demonstrate how they're going to implement what was promised a year ago in Glasgow at COP26. However, others have ...

Australia joins COP27 forests partnership

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
Australia has become a founding member of the Forests and Climate Leaders Partnership, launched at COP27 this week, a move that emphasises the importance of forestry assets in climate mitigation. The UK-led voluntary partnership was formally launched ...

Experts weigh net zero risks, opportunities of Origin Energy bid

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
Super funds and other shareholders could be in a position for a second time this year to approve a proposal to privitise an electricity provider, as Brookfield and MidOcean Energy bid to take over Origin Energy. Brookfield and MidOcean, an LNG company ...

CDP to adopt ISSB climate standard from 2024

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 NOV 2022  |  NEWS
CDP has announce that it will incorporate the International Sustainability Standards Board (ISSB) climate-related Disclosures Standard from the 2024 disclosure cycle. The announcement came at COP27 at Sharm el-Sheikh. The announcement means that the ...