Investors need to collaborate for systemic change, a discussion involving asset owners and sustainability experts has highlighted. Investors need to work with government, enshrine beliefs and educate beneficiaries on the importance of sustainability.
Omega Global Investors, a fixed-income asset manager, has won a $170-million mandate from Local Government Super to invest in sustainable assets. The $6-billion superannuation fund and Melbourne-based Omega have developed a strategy over nine months to make bond investments along environmental, social and governance lines that seek to reinforce the United Nations-backed Principals for Responsible […]
Australia’s carbon tax will force capital markets and investors to account for climate change costs and risks, says investment consultants Mercer. Two Australian superannuation funds, the $42 billion fund AustralianSuper and the $8.5 billion fund VicSuper, have been surveyed by Mercer in its global survey of fund managers and climate change, says Helga Birgden, head […]