|Australian Ethical Investment has surpassed $5 billion in funds under management, a growth figure that sets the company up to push further into existing markets and develop its relationships in the advisory space.|
|Small and medium sized ASX listed companies can measure, monitor and report their material environmental, social and governance (ESG) exposures through a new technology platform linked to the World Economic Forum (WEF)'s ESG Global Standard Metrics.|
|Health and life insurer AIA is under pressure to set targets regarding its portfolio holdings in coal and coal-fired electricity assets.|
|Downer EDI Limited has established a $1.4 billion syndicated sustainability linked loan facility, linked to environmental and social metrics.|
|The impact of COVID-19 has also hit Australia's progress in reducing food waste, leading to a jump in the amount of food Australian households are throwing out, according to Rabobank Australia.|
|Companies in Australia expect an increase in sales as a direct result of efforts to incorporate sustainability in their business, according to a survey from HSBC.|
|The International Integrated Reporting Council (IIRC) and the Sustainability Accounting Standards Board (SASB) will merge into one organisation by mid-2021.|
|Gold miner Evolution Mining is integrating sustainability goals as part of its long term value generation, citing water usage, climate risks and social license to operate as key material issues.|
|AGL and the Australian Renewable Energy Agency (ARENA) are launching an $8 million trial to test the impact of electric vehicle (EV) charging on the electricity grid.|
|As President-Elect Joe Biden prepares the next administration, there are implications for action in Australia as well as for achieving greater alignment with the Sustainable Development Goals (SDGs).|
La Trobe Financial Group has announced it is a carbon neutral business.
A leading energy infrastructure provider has established a green finance framework that will align the company's net zero commitments with future finance needs.
Editorial note: This is the first in a three part series of articles brought to you by Aviva Investors
Janus Henderson has launched a global sustainable equity active ETF on the ASX.
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