Index provider FTSE yesterday launched an Australian environmental, social and governance-style (ESG) index – the FTSE4Good Australia 30 index.
The index is to initially consist of the 30 Australian stocks contained in the global FTSE4Good index. The top five are: BHP Billiton, Rio Tinto, Westpac, NAB and Westfield. Companies are assessed by the Ethical Investment Research Service. They need to demonstrate good environmental management practices, climate change mitigation, countering bribery, upholding human and labour rights and sound supply chain standards. According to ‘Ethical Investor’ newsletter published yesterday, FTSE is also looking to launch a series of environmental indices in Australia in the next month.
Investment Strategy
Future Fund’s Arndt: From CIO to CEO in the middle of a pandemic
When Covid-19 hit, Arndt was considering whether to apply for the CEO role vacated by David Neal. In the blink of an eye, none of that mattered. Since taking the job, he’s come to realise the market crisis was just the front end of a massive wave of change.
Investment Strategy
Green bonds: part of super industry’s decarbonising tool set
AustralianSuper's Andrew Gray said the fund has not ruled out using green bonds as a tool to reach its ambitious target of net-zero carbon emissions for its entire investment portfolio by 2050.
Investment Strategy
Want disruptors? It’s all in the ‘grit’, ‘drive’ and ‘spike’
It's not uncommon for VC Antler to spend months working side by side with founders of startups before deciding to invest in them, according to CEO and founder, Magnus Grimeland.
Receive our latest articles, profiles, news and event invitations direct to your inbox.
The leading superannuation, institutional investment and fund management publication in Australia.