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Investors zero in on nature, human rights nexus

ROSE MARY PETRASS  |  MONDAY, 9 DEC 2024  |  NEWS
Principles for Responsible Investment (PRI) has finally tackled the complex issue of nature and human rights in the first comprehensive framework published last week. The UN-convened initiative says more investors and companies are ramping up nature ...

Future Group ramps up screening

ROSE MARY PETRASS  |  MONDAY, 9 DEC 2024  |  NEWS
GuildSuper, Child Care Super, and smartMonday have not been marketed as sustainable funds in the past, however going forward their international equities portfolio contains no investments in fossil fuels, weapons, nuclear energy, and gambling. For tobacco ...

QIC Real Estate secures $3.75bn SLL

ROSE MARY PETRASS  |  MONDAY, 9 DEC 2024  |  NEWS
QIC Real Estate just converted more than a quarter of its portfolio into Sustainability-Linked Loans (SSL), taking its total sustainable financing to 73.4% of Australian property debt facilities. The funds are QIC Property Fund (QPF) at $2.8bn, and ...

Big names back plastics phaseout

ROSE MARY PETRASS  |  MONDAY, 9 DEC 2024  |  NEWS
Stewart Investors alongside peers signaled its support for a strong global agreement on plastic pollution, even as the treaty was stalled at the final stages. BNP Paribas, Fidelity and Robeco threw their weight behind the Global Plastic Treaty; alongside ...

Greenwash top of mind for Kiwi funds

ROSE MARY PETRASS  |  THURSDAY, 5 DEC 2024  |  NEWS
NZ responsible investing grew 14% to $294 billion in 2023 with Mint Funds, Milford, NZ Super, and Harbour AM leading the way, according to Responsible Investment Association Australasia (RIAA). Rachel Tinkler, head of responsible investment for Mint ...

Investors dismiss US federal court case

ROSE MARY PETRASS  |  THURSDAY, 5 DEC 2024  |  NEWS
BlackRock, State Street and Vanguard dismissed the case against them by 11 red US states, calling accusations they violated antitrust laws "baseless". Texas Attorney General Ken Paxton filed a Federal Court case claiming the firms "conspired to artificially ...

Green moves: Fremantle Seaweed, Impact&ble, Emmi, Petuna Aquaculture

ROSE MARY PETRASS  |  THURSDAY, 5 DEC 2024  |  NEWS
A climate risk institute has scooped up Altius Asset Management co-founder, meanwhile a company cutting methane from cow burps nabs Ethical Partners' former head of stewardship. Altius Asset Management co-founder Bill Bovingdon has been named the ...

Banksia Foundation names winners of the 2024 NSW Sustainability Awards

MICHELLE BALTAZAR  |  MONDAY, 2 DEC 2024  |  NEWS
From local community projects to large scale enterprises, this year's winners represent a diverse range of business sectors. "Each of these winners demonstrates a commitment to sustainability that serves as a model for others," said Graz van Egmond ...

Green investors face short-term bumps

ROSE MARY PETRASS  |  FRIDAY, 29 NOV 2024  |  NEWS
Sustainability trends will stay the path despite short-term challenges, according to the latest prediction from an international sustainable asset manager. Robeco's outlook on sustainable investing finds ongoing global economic headwinds have caused ...

Perpetual reveals decade of philanthropy insights

ANDREW MCKEAN  |  FRIDAY, 29 NOV 2024  |  NEWS
Perpetual, for the first time, has laid bare a decade's worth of data, unveiling insights into the philanthropic and charity sectors. In a special edition of its annual philanthropy insights report, the wealth manager said despite incremental changes ...