Responsible Investment News

Justin Welby: investors must pressure firms to act on climate crisis

The Guardian Sean Farrell 27 Aug 2019
Archbishop of Canterbury says fund managers are not doing enough to press for change.

The archbishop of Canterbury has criticised the investment industry for inaction over the climate crisis and called on fund managers to push companies to reduce their impact on the environment.

Can big investors save the world?

BBC By Tom Espiner 18 Aug 2019
While young people throng the streets demanding action on man-made climate change, an older, more sober group of activists is fighting a green campaign: big investors.

Shareholder Value Is No Longer Everything, Top C.E.O.s Say

New York Times By David Gelles and David Yaffe-Bellany Aug 19 2019
Chief executives from the Business Roundtable, including the leaders of Apple and JPMorgan Chase, argued that companies must also invest in employees and deliver value to customers.

Students welcome University of Auckland Foundation's fossil fuel divestment

Newshub 2/092019 Scott Palmer
The University of Auckland (UoA) Foundation has announced it has committed to moving towards zero investment in fossil fuels.

On Friday its trustees, who manage a $224 million investment portfolio, said they will reduce their investment in the top fossil fuel companies down to 0.5 percent or less by December 2020.

Surge of new ESG products (in Australia) to woo investors

Australian Financial Review Alexandra Cain 30 Aug 2019
After a decade of largely stagnant ethical investment offerings, the last two years have seen a significant number of new products hit the market. Experts say this is an indication investment products with environmental, social and governance themes are poised to become mainstream.

Purpose-driven investment for purpose-driven organisations: The case for ethical investing

ProBono Australia 16th July 2019
Whatever the future holds, ethical investing will continue to increase its impact. In this article, Mathew Browning, U Ethical chief executive officer, answers three common questions about investing ethically.

For many, ethical investing remains a mystery. So in this article, we shall answer three questions:

What is ethical investing?
How popular is ethical investing?
Does ethical investing come at the cost of returns?

FINANCE MUST PLAY AN ACTIVE ROLE IN SHAPING NZ’S FUTURE

09 July By Simon O’Connor CEO, Responsible Investment Association Australasia (RIAA)
Responsible and ethical investing in New Zealand has reached a critical point.

New Zealand now has $188 billion allocated across capital markets in accordance with environmental, social, governance and ethical factors. This is the highest proportion of financial markets covered by responsible investing strategies of any market across the globe. In this context, it is tempting to suggest this once niche style of investing has become mainstream.

Yet, as an industry, we’re far from having completed the task.

These Political Leaders Had the Biggest Carbon Footprint in 2018

Bloomberg By Siraj Datoo 3 July 2019
Some of the most dramatic moments from last week’s G-20 summit in Osaka, Japan, turned on the debate about climate change, with U.S. President Donald Trump split from his counterparts on the need for action.

But when it comes to impact on the environment, Trump isn’t the G-20 leader with the highest carbon footprint, according to an analysis of international flights taken by leaders of the group in 2018. That unwanted prize belongs to Japan Prime Minister Shinzo Abe, who traveled almost 130,000 miles last year.

Managers adopting low-or-no carbon strategies to mitigate risks

Investment News NZ JULY 7, 2019
Initially driven by big pension funds in Australia, New Zealand, Europe and North America for various reasons, some political, fund managers are increasingly looking at how companies are handling the inevitable transition to a lower-carbon world as a risk-assessment tool.

Ethical fund managers fail to meet investors' concerns over climate change

The Sydney Morning Herald By John Collett July 3, 2019
Ethical investment managers are failing to meet the climate change concerns of retail investors in the choice of businesses to exclude from their funds.

Retail investors want ethical funds to exclude businesses involved in fossil fuels and violations of human rights in their supply chains, but investment managers are mostly screening out controversial weapons and tobacco.