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Fidante partners with Proterra Asia

CASSANDRA BALDINI  |  WEDNESDAY, 28 JUN 2023  |  NEWS
... sustainable food and agriculture businesses in Asia is a highly sought-after proposition to global investors seeking innovative, high growth opportunities," he said. "We are excited to support Proterra Asia to bring their exceptional offering to investors ...

Forrest and US government back First Nations start-ups

ROSE MARY PETRASS  |  TUESDAY, 27 JUN 2023  |  NEWS
... development and empowerment. The program is led by a group of Australian First Nations investors wanting to fund early-stage and high-growth companies and supported by the US Consulate General Perth and Minderoo's Generation One. A delegation of 10 First ...

First two ISSB standards released - what investors need to know

ROSE MARY PETRASS  |  TUESDAY, 27 JUN 2023  |  NEWS
... Sustainability Standards Board's (ISSB) first two finalised standards - providing guidance for companies to disclose high quality ESG information to investors. The standards - International Financial Reporting Standards Foundation (IFRS) S1 General ...

Strong demand for green bonds: BNP Paribas Asset Management

RACHEL ALEMBAKIS  |  TUESDAY, 27 JUN 2023  |  NEWS
While returns on green bonds experienced volatility in 2022 in concert with the broader fixed income asset class, strengthening yields and unabated interest in bonds with verifiable green use of proceeds means strong demand, according to BNP Paribas ...

Amid economic uncertainty, "overlooked" co-ops and mutuals thrive

ROSE MARY PETRASS  |  MONDAY, 26 JUN 2023  |  NEWS
Australia's top 100 co-operative and mutual enterprises saw revenue increases of 10.8% to $37.7 billion in the 2022 financial year, despite global and domestic economic uncertainty - with the greatest number being in the financial services sector, a ...

$20.5 billion cash infusion for Australia's green bank

RACHEL ALEMBAKIS  |  THURSDAY, 22 JUN 2023  |  NEWS
... vast majority - $19 billion - will be invested to "help deliver the Rewiring the Nation program, with investments including high voltage transmission, long duration grid storage and electricity distribution network infrastructure," with $1 billion to ...

New net zero bondholder stewardship guidance: IIGCC

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
... their engagement efforts, the guidance offers actionable steps tailored to different bond types, including: investment-grade, high-yield, emerging markets, private companies, and securitized bonds. It also highlights the importance of integrating bondholder ...

NSW Modern Slavery Plan to build prevention capability

ROSE MARY PETRASS  |  THURSDAY, 22 JUN 2023  |  NEWS
... billion in NSW alone in lost economic capacity, healthcare costs, and criminal justice costs. "Modern slavery comes at a very high price to the economy," Cockayne said. He said that the system is too reactive and the focus needs to be on prevention. ...

Western Australia issues first green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023  |  NEWS
Western Australia has issued its inaugural green bond, with use of proceeds to support projects delivering environmental and decarbonisation outcomes. Western Australia Treasury Corporation (WATC) issued the 4.25% ten-year bond, which was "heavily oversubscribed" ...

CEFC backs agriculture investment platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023  |  NEWS
... plants, enabling localised green hydrogen production in rural and remote areas, where the cost of transporting hydrogen can be high." The $2 million allocation came via the CEFC Clean Energy Innovation Fund. HydGene's $6 million seed raise also attracted ...