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The fund manager has set targets for its seven Australian assets, covering airports, ports, a railway station and an electricity distribution business - including a 100% reduction by 2030.
There has been a structural shift in how LPs are allocating funds to energy-focused vehicles, moving away from upstream and paying closer attention to renewables and sustainable strategies.
The credit portfolio, which is targeting total returns of 5-7 percent, aims to boost awareness of environmental, social and governance issues in emerging Asian markets.
The Melbourne-based fund manager claims to be ‘one of the first’ unlisted asset managers to publish emissions data for its assets and will set targets across its portfolio this year.
Similar in strategy to US platform Sky Renewables, the €300m investment aims to build a portfolio focused on wind, solar, hydro and biomass.
Jennifer Wu, who joins from BlackRock as the new head of sustainable investing at the bank’s asset management business, will also oversee the Sustainable Investment Leadership Team.
Anton Pil, managing partner, JPMorgan Global Alternatives, argues ESG is an integral part of the value proposition and ‘fundamental to the bottom line’.
The breadth of impact investing was on show at the recent GIIN Investor Forum in Paris.
The next generation of investors are increasingly interested in how returns are made, rather than just how big they are, partner David Jeffrey tells the IPEM conference in Cannes.
Vehicles operating in the space are increasingly targeting sustainable projects due to LP demand and goals set by the United Nations.