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Apostle Funds Management launches carbon credit fund

RACHEL ALEMBAKIS  |  MONDAY, 27 MAR 2023  |  NEWS
TelstraSuper has backed Apostle Funds Management's new global carbon credit fund, which offers exposure to carbon prices through five major global markets. The Apostle Global Carbon Credit Fund offers exposure to global carbon markets for sophisticated ...

Global investors set net zero target, implementation lags

RACHEL ALEMBAKIS  |  THURSDAY, 23 MAR 2023  |  NEWS
Nearly half of the world's largest institutional investors have made commitments to net zero by 2050, and are now turning to the tougher task of implementing on those commitments, according to Robeco. Robeco has released its annual Climate Survey, a ...

Scentre Group reports sustainability progress

ROSE MARY PETRASS  |  THURSDAY, 23 MAR 2023  |  NEWS
Scentre Group has reported Scope 1 and 2 Emissions reductions of 38% since 2014 and says it is on track to reach its 2030 net zero emissions goal. Scentre Group released its first Climate Statement this week, alongside its 2022 Modern Slavery Statement ...

Juicing up gender equity with Orange Bonds

RACHEL ALEMBAKIS  |  TUESDAY, 21 MAR 2023  |  NEWS
Sustainable bond issuance globally has surpassed US$3 trillion, yet less than 1 percent of that amount is dedicated to bonds that empower women and girls as a priority objective. With gender lens investing gaining traction as part of overall sustainable ...

Embedding mental health wellbeing into company culture

RACHEL ALEMBAKIS  |  THURSDAY, 16 MAR 2023  |  NEWS
Companies should take a systems-level approach to making mental health and wellbeing fundamental to their workplaces, according to new recommendations by a mental health not for profit. batyr, a for-purpose preventative mental health organisation focusing ...

Leading Harvest launches Australian ag sustainability standard

RACHEL ALEMBAKIS  |  THURSDAY, 16 MAR 2023  |  NEWS
Leading Harvest is implementing a sustainability assurance program for the Australian agriculture sector after a successful pilot backed by Warakirri Asset Management among others. Leading Harvest is a non-profit that has developed the Farmland Management ...

Fink counts the cost of "easy money" in annual letter

RACHEL ALEMBAKIS  |  THURSDAY, 16 MAR 2023  |  NEWS
BlackRock chairman Larry Fink warned that dominos may be starting to fall as global economies count the price of more than a decade of easy money in his annual letter to investors. In a letter where ESG and climate change took a backseat to concerns ...

Australian Ethical divests from Lendlease over koala concerns

RACHEL ALEMBAKIS  |  TUESDAY, 14 MAR 2023  |  NEWS
Concerns over the survival of a healthy koala colony in south-western Sydney has triggered Australian Ethical to divest its holdings in Lendlease Group. Australian Ethical has sold its shares in Lendlease over the planned development at Mt Gilead in ...

Australian Ethical hires CIO, head of impacts and ethics

RACHEL ALEMBAKIS  |  TUESDAY, 14 MAR 2023  |  NEWS
Australian Ethical has nabbed a sustainability research leader for a newly created role of head of impact and ethics as well as announcing a new chief investment officer. Alison George will join Australian Ethical on 1 May from Regnan, where she is ...

Cultivating culture

ANDREW DALE  |  THURSDAY, 9 MAR 2023  |  NEWS
Culture is how an organisation thinks, acts, and interacts. A good corporate culture drives superior business performance - it motivates and retains the most talented employees who ensure sustained strategy execution. It also promotes equality in the ...