Prince Charles is backing a new “natural capital” asset class to fast track protection for nature based industries such as fishing agriculture and forestry. In Australia, Martijn Wilder, former chair of the Australian Renewable Energy Agency, is adding his weight to the move.
An Australia that is as ethical as Sweden could see a $45 billion increase in our national GDP. Here’s why.
Is the ESG meme about to self-destruct? Or can objective critiques of companies come to its rescue?
FINANCE: Green bonds and other sustainable finance vehicles are still booming amid the pandemic. In fact they’re seen as lower risk than traditional investments. It’s no surprise then that Australian property companies are getting on board. Global green bond issuance passed the $1 trillion-mark last week and Australian property giant Lendlease is not missing out on […]
We need two things: create and implement a unified, transparent label at the national and European levels to identify green financial products, and second, legislate their availability to house1holds.
Like cheese from Chernobyl, the prospect of prolonged debt and deficit has long been viewed as unpalatable.
Recent research by management consulting firm McKinsey and Company has highlighted the emergence from the Covid-19 shutdown as a pivotal moment in the climate emergency. The team says the post-pandemic recovery is a “decisive” period that will either spur millions of jobs in the sustainability sector, cutting emissions, or generate significant consequences for the environment. […]
Australians have high expectations for the financial sector and the future of ethical investing according to a new report from the Responsible Investment Association Australasia (RIAA).
Banks issued a record number of green bonds in 2019, reflecting investors’ increased priority on environmental social governance (ESG) and the larger role banks will play as the economy transitions to low carbon.
Climate change dominated discussions at this year’s traditionally conservative World Economic Forum but it remains to be seen how far business will go cutting carbon.
The Australian government has been accused of – literally – fiddling while the country burns but there has been a sea change in attitude among business leaders and investors, who are fast coming to grips with climate change.
Tomorrowland19 – I, human: AMP Capital’s Quay Quarter Tower refurbishment in Sydney and a major water treatment plant in regional Victoria are among the sustainable projects that have tapped into Sustainable Australia Fund’s range of loans.
The Responsible Investment Super Study 2019 flagged an interesting trend under way with the number of jobs rolling into this part of the investment market doubling since this time last year.
Thirteen Australian super funds have been labelled responsible investment leaders in a report released late last week.
Tomorrowland19 – I, human: This is what can be created when you team an architect with a passion for affordable, sustainable housing with impact investors and bankers: carbon neutral, low-cost housing that creates resilient communities.
As the government bunkers down around the fossil fuel industry and cries foul at last week’s decision by the Swedish central bank to dump Australian and Canadian bonds due to emissions footprints, the final of the big four banks’ annual reports hit the headlines.
The majority of Australian retail investors would be willing to see lower returns if the companies they invested in always behaved ethically, a recent report has found.
Angel investors, impact investors, ESD-focused venture capitalists, start-ups, crowd-funded equities, crowd-sourced funding … the ways money can be channelled to save the planet and deliver social and environmental good are multiplying at a rate of knots.
Our next economic growth phase must somehow deliver strong GDP growth, strong wages growth, and a huge reduction in economy-wide emissions. Can a low-carbon infrastructure investment spree deliver on all three?
Changing the behaviour of companies to help solve ecological and social problems – rather than contributing to them – might sound like trying to tame a crocodile. For the global organisations representing investors who are nevertheless attempting this, getting reliable data is their biggest hurdle.
The issuance of green bonds is higher now than ever before, but there are increasing concerns about transparency and whether they are really helping to improve the environment. In the second quarter of this year a total of $66.6 billion worth of green bond transactions took place: 164 transactions in all, according to Moody’s, who […]
The property sector is fast cottoning on to the power of green bonds and other sustainable financing mechanisms to create a more sustainable built environment, including the residential market.
Ratings agency Moody’s Corporation’s recent acquisition of Four Twenty Seven, a Californian company that measures the physical risks of climate change, signals a step change in how markets price risk related to climate heating.
The investment industry can exert significant influence in the way that real assets are built and operated. ESG data vendors such as MSCI and FTSE Russell provide tools to help but it’s a complex task and fraught with potential unintended consequences.
Say you’re a young person, maybe a millennial or even younger, a Gen Zer. You’ve just entered the workforce or are just a few years in.
Co-author of The Clean Money Revolution Joel Solomon is on a mission to make a better world with the “vast amounts of money sloshing around.”
Local Government Super says building stock aiming to be net zero by 2050 is a good thing on multiple levels.
Local Government Super is taking its portfolio to net zero operating carbon emissions by 2030 and pushing for all building stock to be net zero by 2050.
Under the current policy environment the property market is expected to lose a whopping $571 billion by 2030 from climate change and extreme weather according to new modelling released by the Climate Council on Thursday.
Sustainable investing assets in the five major global markets were $42.77 trillion at the start of 2018, a 34 per cent increase on two years ago – and Australia and New Zealand are the top rated market.