Investment

Challenging market weakens ESG-focused fund flows

ROSE MARY PETRASS  |  THURSDAY, 27 JUL 2023  |  NEWS
Australian and New Zealand sustainable funds saw record outflows of US$1.7 billion against a backdrop of global outflows.

UniSuper invests with NorthStar Impact

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
UniSuper has awarded a $50 million mandate to a specialist impact equities fund manager.

ASIC takes Vanguard to court over further greenwashing claims

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023  |  NEWS
ASIC is taking Vanguard to court over greenwashing allegations relating to a global bond index fund.

NextEnergy Capital's ESG solar fund raises $480 million at first close

ROSE MARY PETRASS  |  MONDAY, 24 JUL 2023  |  NEWS
Global solar specialist NextEnergy Capital's fifth fund - an OECD-focused solar strategy - has reached first close with investors including Norway's largest pension fund.

Traditional Owners to lead Pilbara renewables rollout on exclusive native title land

ROSE MARY PETRASS  |  THURSDAY, 20 JUL 2023  |  NEWS
Yindjibarndi Aboriginal Corporation (YAC) and Philippines-listed renewable energy company ACEN have partnered to develop, own, and operate large-scale renewable energy projects of up to 3 gigawatts on Yindjibarndi Ngurra (country), in Western Australia's ...

University secures $450 million sustainability-linked loan

RACHEL ALEMBAKIS  |  THURSDAY, 20 JUL 2023  |  NEWS
Macquarie University has inked a $450 million sustainability linked loan (SLL) as part of a refinancing deal that will see interest rate savings invested in scholarships for disadvantaged students.

Seismic shift expected in global energy mix

ROSE MARY PETRASS  |  WEDNESDAY, 19 JUL 2023  |  NEWS
Renewable energy is well on its way to become the "backbone" of the global economy, according to Hamish Chamberlayne, head of global sustainable equities at Janus Henderson Investors

Renewables need to ramp up significantly: CER

ROSE MARY PETRASS  |  TUESDAY, 18 JUL 2023  |  NEWS
There are not enough registered renewable power producers on the market to meet demand for renewable energy certificates, according to the Clean Energy Regulator.

Does ESG have a fiduciary problem?

ROSE MARY PETRASS  |  WEDNESDAY, 12 JUL 2023  |  NEWS
ESG alone cannot drive value creation, but ESG integration can be used to gain competitive advantage, according to Prequin.

TCorp auctions $400m sustainability bond

ROSE MARY PETRASS  |  TUESDAY, 11 JUL 2023  |  NEWS
TCorp, the investment and financial management partner of the NSW public sector, has auctioned $400 million of its existing 2.50% 22 November 2032 Sustainability bond.