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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 ...

Carbon markets, biodiversity on tap at COP27

RACHEL ALEMBAKIS  |  THURSDAY, 17 NOV 2022  |  NEWS
The state of further technical negotiations on areas like carbon markets and loss and damage are the subject of the second week of COP27 in Sharm El-Sheikh The aim of COP27 is, among other issues, to finalse the text of Article 6 of the Paris Agreement ...

Twiggy Forrest invests in Ukraine's post-war green future

RACHEL ALEMBAKIS  |  THURSDAY, 17 NOV 2022  |  NEWS
Andrew and Nicola Forrest's investment firm has committed nearly $750 million to a fund dedicated to rebuilding post-war Ukraine's infrastructure with green and digital assets. Forrest and President Volodymyr Zelenskyy announced the investment ...

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 ...

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 ...

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 ...

Strengthen governance to avoid investment greenwashing: SSGA

RACHEL ALEMBAKIS  |  THURSDAY, 10 NOV 2022  |  NEWS
To manage the risk of greenwashing, asset managers need to focus on assuring that internal governance structures are consistent with regulatory expectations in various jurisdictions, according to State Street Global Advisors (SSGA). Greenwashing concerns ...

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 ...