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Australian Ethical reaches $10 bn FUM

ROSE MARY PETRASS  |  MONDAY, 22 APR 2024  |  NEWS
... commitment rankings for 2024. It dominates the sustainable funds market in Australia and New Zealand, with 16.3% of the total sustainable funds assets in the region.

ISPT issues $1.5bn sustainably linked loan facility

ANDREW MCKEAN  |  MONDAY, 22 APR 2024  |  NEWS
... bookrunners and joint sustainability coordinators. With the transaction, ISPT has taken its sustainability-linked loans to a total of $5.75 billion. Additionally, ISPT has secured an additional $400 million in bilateral sustainability linked loan facilities ...

Funding green buildings risks greenwashing accusations

ROSE MARY PETRASS  |  THURSDAY, 18 APR 2024  |  NEWS
... utility-scale renewable energy and reduce emissions in hard-to-abate sectors like steel, cement, and aluminium." To date a total of $184 billion in combined fund flows have been moved into SFT's by Australia and New Zealand Banking Group (ANZ), National ...

Rest teams up with Fidelity to launch new fund

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024  |  NEWS
... Kingdom. The investment also brings Rest closer to its target of achieving a 1% allocation to impact investments across its total portfolio by 2026. Decarbonising operations was becoming a priority for businesses, and this is expected to continue, said ...

Indigenous communities reunited with $25m in lost super

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2024  |  NEWS
The total superannuation found by First Nations Foundation on behalf of Indigenous Australians now comes in at $25.2 million. In 2023, the foundation reconnected First Nations people with $1.2 million, bolstering the total found. The superannuation ...

Super battle on impact investing and returns

ROSE MARY PETRASS  |  MONDAY, 18 MAR 2024  |  NEWS
... Palisade Impact, the impact platform of Australian manager Palisade Investment Partners. The investment was made through a total $400 million first close for green infrastructure and business investment arm that invests in waste-to-energy and resource ...

Why top firms have more women on boards: AICD

ROSE MARY PETRASS  |  THURSDAY, 14 MAR 2024  |  NEWS
... release for entities with 100 or more employees also indicated a significant imbalance in higher paid roles, with a median total remuneration gender pay gap of 19% - or $18,461 over a year.

ESG indices linked to Myanmar junta

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... BlackRock, Deutsche Bank, Northern Trust, State Street and Vanguard. 18% of the ESG funds were active, while 82% were passive. In total, ESG-labelled funds managed by the five asset managers allegedly funneled shares worth US$13 billion to weapons dealers ...

Industry unveils plan to boost female executives

ROSE MARY PETRASS  |  THURSDAY, 7 MAR 2024  |  NEWS
... launch follows the release of gender pay gap data for super funds and asset managers. In financial services, the median total gender pay gap sits at 26%. Women comprise 29% of investment teams at fund managers - a 2% rise from 2022, according to a 2023 ...

Mind the gap: Women in ESG may earn more than broader finance

ROSE MARY PETRASS  |  MONDAY, 4 MAR 2024  |  NEWS
... week for private sector workplaces with 100 or more staff. The Workplace Gender Equality Agency (WGEA) revealed the median total remuneration gender pay gap stands at 19% - or $18,461. Although the report excludes remuneration data for CEOs, heads of ...
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