Investors should evolve from a strategy of reducing their portfolio carbon footprint, based on point-in-time emissions to a carbon footpath investment strategy that takes into…
Fund Management
Australian Ethical to cut administration fees, enhance customer experience
Australian Ethical will cut its administration fees and make other enhancements to member experience after reporting a 40% in net profit after tax for the…
J.P. Morgan Asset Management developing ESG scoring framework
J. P. Morgan Asset Management is developing a proprietary environmental, social and governance (ESG) scoring framework as part of a range of initiatives to enhance…
Companies have responsibility to meld profit and purpose: IBM
Approximately three quarters of Australians think corporations have a responsibility to prioritise employees, the environment and the community as much as they prioritise delivering profits…
Singapore-based Vena Energy issues US$325 million green bond
Singapore-based Vena Energy, an independent power producer and renewable energy company, has issued a US$325 million green bond. Proceeds of the green bond will be…
Australian mutual fund assets rise to $66.8bn in 2019: Cerulli Associates
Australia’s mutual fund assets in sustainable investments increased 23.0% year-on-year in 2019 to reach $66.8 billion, according to Cerulli Associates. Cerulli Associates said its estimates…
CEFC commits up to $125m in Qualitas property debt fund
The Clean Energy Finance Corporation (CEFC) has made an investment of up to $125 million in a new property debt fund designed to finance the…
Governance Institute releases climate change risk disclosure guide
The Governance Institute has released a guide aimed at assisting companies that are seeking education on how to consider and report on material exposures to…
Energy Super taps Robeco for $650m enhanced indexing mandate
Energy Super has selected Robeco for a $650 million global equity enhanced indexing mandate incorporating sustainability criteria. Robeco’s enhanced indexing strategy “aims to deliver better…
Investing for positive environment impact, financial return: First Sentier
Directing capital towards infrastructure companies that can have a positive environmental and social impact and as well as financial returns is the way to drive…
Sydney Airport issues $600m bond with sustainability linked tranche
Sydney Airport has issued an approximately $600 million multi-tranche US private placement bond featuring a $100 million sustainability linked tranche. This is Sydney Airport’s third…