Impact Investing: Responsible investing’s latest frontier

What is Impact Investing? Responsible investing has evolved over time, from simple portfolio exclusions such as alcohol and tobacco, through to only selecting investments that meet certain Environmental, Social and Governance (ESG) criteria, and investment managers engaging with company management to try to effect positive change in these ESG areas.  

Impact investing has become a buzzword of late and has evolved to mean slig...

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Lewis Fowler | Posted on Jul 1, 2022

Contact’s closure cuts carbon

Contact Energy has announced the retirement of a gas-fuelled power station
Contact’s direct carbon emissions expected to be reduced by 20% p.a.
Re-deployment opportunities will be available for affected workers to support a just transition
Generation shortfall expected to be met by new renewable energy, helping to achieve their climate strategy
With the proliferation of new climate change commitments made by governments and co...

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Jorge Waayman | Posted on Jun 21, 2022
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Harbour Navigator: Lukewarm Plan for Global Warming

  • The New Zealand Government has announced their emissions reduction plan for de-carbonising the economy through several policy initiatives
  • Transport will play a key role in driving change through new light fleet and freight targets, supported by a ‘scrap and replace’ scheme
  • Energy and agriculture sectors will receive significant funding to help de-carbonise and accelerate research into clean technology solutions
  • Regulation and Government incentives will provide both positive and negative financial impacts to companie
Jorge Waayman | Posted on May 18, 2022
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The Big Reveal: Pay Equity in New Zealand

  • A new public registry of companies reporting gender and ethnic pay gap information has been launched
  • Four NZX-listed companies currently report both gender and ethnic pay gaps in their workforces
  • Strong alignment with the UN’s Sustainable Development Goals, although progress in New Zealand has been stagnant over recent years
Jorge Waayman | Posted on Mar 9, 2022

Social Spotlight III: Modern Slavery

  • Modern slavery is a key social issue still occurring today and is a core aspect to be addressed as part of the United Nation’s Sustainable Development Goals
  • In our final article following our research project on social aspects, we summarise our findings on modern slavery prevention practices across a sample of the New Zealand market
  • We found that the majority of the respondents do not regularly monitor or evaluate their supply chain partners
  • Approximately one third of the respondents do not currently have a response mechanism in place in case of a modern slavery incident
  • Modern slavery incidents may lead to costs associated with victim support, legal proceedings as well as reputational damage
Jorge Waayman | Posted on Feb 2, 2022
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COP26 in review, implications for investing

  • COP26 concludes with some progress made but not enough.
  • New Zealand updates emissions target and signs methane pledge.
  • International carbon credit trading supported through resolving technical provisions in Article 6 of the Paris Agreement.
  • Implications for corporates to address climate change risks given greater expected regulation and investor scrutiny in aligning with net zero targets and a 1.5-degree world.
Jorge Waayman | Posted on Nov 22, 2021

What to expect from COP26

  • Country level emissions reduction targets expected to take centre stage to ensure a 1.5 degrees scenario is within reach.
  • Carbon trading and ‘leakage’ likely to feature given the adjustment mechanism proposed by the EU.
  • Financing the transition will be an important focus, particularly for developing countries that require support.
Jorge Waayman | Posted on Oct 28, 2021
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Sustainability themes from reporting season

  • Climate change disclosure is increasingly prevalent
  • Diversity and inclusion considerations are growing wider in scope
  • The focus on human rights is rising with inaugural modern slavery statements
Jorge Waayman | Posted on Sep 14, 2021
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Social Spotlight II: Human Capital Management (Including video)

  • Health and safety, diversity and inequality are key issues related to the United Nation’s Sustainable Development Goals.
  • In our second of three articles following our research project, we summarise our findings on health & safety, gender diversity and income inequality.
  • We found a lack of injury frequency disclosures, with less than half the companies in our sample reporting on recordable injuries and lost time metrics.
  • Gender diversity across total employees is broadly equal, but there is significant room to improve female representation in senior roles.
  • Significant variance exists between sectors on our measure of income inequality.
Jorge Waayman | Posted on Jul 30, 2021

Sustainability-Linked Bonds: Video

In relation to our recent Harbour Navigator, Manager of ESG Research, Jorge Waayman sits down with Senior Credit Analyst, Simon Pannett to discuss sustainability-linked bonds and what that means. 

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Jorge Waayman & Simon Pannett | Posted on Jul 16, 2021