As investors and owners of firms, whether as principals or fiduciaries, we are responsible for addressing the varied potential impacts of continued greenhouse gas emissions. The projected cost of climate change is significant, affecting individuals, society, the environment, and the companies operating within it. While we...
An update from RIAA's CEO, Simon O'Connor Whilst the last year has had us all battling the invisible enemy that has been COVID-19 on both personal and professional fronts, it has also been a year of immense momentum in responsible investment and sustainable finance, as you...
By Josh Edmunds, Responsible Investment Association Australasia The Financial Adviser Standards and Ethics Authority’s (FASEA) Code of Ethics (The Code) is just around the corner, coming into force on 1 January 2020. And while The Code lays the foundations of clear principles and values required for...
By Simon O'Connor, CEO, Responsible Investment Association Australasia I was fortunate to spend last week in Paris, with 1700 others at the annual PRI in Person, the largest ever global conference of responsible investors. It was a week full of rich content, which allowed a global...
By Simon O’Connor, CEO, RIAA A new report was launched this week in Europe from the High Level Expert Group (HLEG) on Sustainable Finance, making wide-reaching recommendations on how to set the European financial system on a more sustainable footing, whilst driving more capital into supporting...
By Brian Trelstad, Bridges Fund Management The field of sustainable and impact investing has shown tremendous growth over the past few years. But there are still too many asset owners sitting on the sidelines; interested in impact, but not yet investing. To quote Bono – a...
As part of our role supporting the development of the market for impact investing in Australia and New Zealand through RIAA’s Impact Investment Forum, we attended the Social Enterprise World Forum in Christchurch in September 2017. RIAA’s Impact Investment Forum Program Manager Carly Hammond shares...
Yesterday’s launch of the responsible investment sector’s annual benchmarking report shows responsible investment has almost doubled in 2 years. The 2016 Responsible Investment Benchmark Report by the Responsible Investment Association of Australia (RIAA) found that core responsible investment has grown by 62% in one year and is now...
Today, 50,000 companies are annually subjected to ESG evaluations by 150 ratings systems on approximately 10,000 metrics according to MIT Sloan Management Review (see here). This certainly rings true for the Australian market, where over 190 pieces of ESG broking research by 10 broking firms were...
In September 2015, RIAA launched our new 3-Year Strategy (see here) that contained one big audacious goal – to grow funds flowing into core responsible investment products from 2.5% of the market to 10% of the market in 3 years. Stretch target? Yes. Achievable? We believe...
This was the question The Treasury sought views on last week, with the intention of enshrining this purpose in legislation to finally create clarity 24 years after the introduction of the compulsory Superannuation Guarantee. The obvious response to this question is that the purpose of super...