Blog

2

Our Latest Newsletter

 

In this edition

 

  • EIA’s client talks about our Ethical Mid-Cap fund
  • Climate reporting shareholder resolutions – can you help?
  • Royal Commission – time to transform for the better
  • Grey Power changing the politics of coal & gas
  • Ansell pushed to protect human rights in its supply chain
  • Tackle climate or face financial crash – Global investors at UN climate summit
  • U2’s Bono throws star power behind impact investing
  • How do ethical investments compare to other assets?

EIA’s client, Sue Edwards talks about our Ethical Mid-Cap fund
Market Forces shareholder resolution
Market Forces are looking to get 100 shareholders to raise an AGM resolution on climate change transparency and reporting.  They seek shareholders in coming weeks and months for these resolution campaigns.
If you are a shareholder of one of these companies or want to buy $500 worth of shares to be part of the share activism, please contact us.
  • AGL Energy
  • ANZ
  • BHP
  • Commonwealth Bank
  • Macquarie Group
  • National Australia Bank
  • Origin Energy
  • QBE Insurance Group
  • Rio Tinto
  • Westpac Banking Corp

Royal Commission – time to transform for the better

Ethical Investment Advisers has welcomed the final report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.

“Transparency and accountability in investment advice and service is a key theme for Ethical Investment Advisers.  We actively engage with the financial services industry to ensure that the values and expectations of our clients are met.  Acting in the best interests of our clients is extremely important to us and the core of what we do” Louise Edkins, director Ethical Investment Advisers.

Simon O’Connor, CEO of Responsible Investment Association of Australasia (RIAA) said “This is a watershed moment for the finance sector. The industry and entities involved must reflect and remedy these wrongs, and address the gaps spanning leadership, culture and systems. From this stronger base, we can transform our industry for the better and start to align capital markets with achieving a healthy and sustainable society, environment and economy for all Australians.

Consumer research conducted by RIAA shows that 9 in 10 Australians expect their money to be managed with consideration of their personal values and ethics, alongside their financial interests.  This includes consideration of the social and environmental impact of their investments, whether it be avoiding investments that contribute to human rights violations and animal cruelty, or supporting investments that deliver improved healthcare, education and renewable energy.


A growing number of older protesters are standing up and fighting for the environment

When Audrey Cooke first spoke to her family about her retirement plans, they had one condition: “Don’t get arrested.”

The 72-year-old retired Melbourne schoolteacher’s husband died of pancreatic cancer nine years ago. She has two young grandchildren. And she is now a full-time climate activist.

“I’ll do it until I drop,” she says. “I’m in a hurry. We are facing an existential threat and this is more important than anything for me.”

Cooke is one of a growing number of older protesters using their retirement to help the climate movement. Her tiny 1.5 metre (4ft 11in) frame has become familiar at protest marches and demonstrations. In 2017 she did get arrested after spending seven hours locked to a fence at the Adani Carmichael mine site.

Read the full story at:

The Guardian


Ansell pushed to protect human rights in its supply chain
Unions and labour rights experts have called on Ansell to step up efforts to protect workers at Top Glove factories in Malaysia that supply gloves to the company.

ABC News


Tackle climate or face financial crash – Global investors at UN climate summit

Global investors managing $32tn issued a stark warning to governments at the UN climate summit on Monday, demanding urgent cuts in carbon emissions and the phasing out of all coal burning. Without these, the world faces a financial crash several times worse than the 2008 crisis, they said.

The investors include some of the world’s biggest pension funds, insurers and asset managers and marks the largest such intervention to date. They say fossil fuel subsidies must end and substantial taxes on carbon be introduced.

The Guardian


U2’s Bono throws star power behind impact investing

What do classic rock and investing have in common? In the case of Bono, the lead singer of 80s rock juggernaut U2, they both depend on sustainability to grow and thrive.

Bono, also a well-known activist, has teamed up with middle market investment firm TPG Growth to launch a new analytics company, which he and his private equity partners say will broaden the financial industry’s commitment to sustainable development.

Financial Planning


How do ethical investments compare to other assets?
Ethical funds have become more and more popular in recent years as investors look for ways to grow their wealth responsibly. Investing your money in renewable energy, sustainable businesses or community infrastructure may make a positive impact in the world, but what about the impact on your wallet? What sort of returns can you expect from an ethical investment and how do they compare to other types of investments?

Fortunately, the Responsible Investment Association Australiasia (RIAA), the peak body of ethical investors in Australia and New Zealand, have published a reportcovering this very issue. The RIAA compared the performance of a selection of ethical investment funds against mainstream funds that don’t apply a specific ethical framework. They compared performance over 1, 3, 5 and 10-year time frames based on the asset-weighted net returns.

Canstar



Disclaimer 

The contents of this newsletter are intended as general advice only.  No specific person’s circumstances, financial situation or objectives have been taken into consideration.  You should not act on the information provided without seeking personal advice from an appropriately qualified financial planner. Research sources: CAER Corporate Monitor & Eco Investor. While the source has been verified as reliable, the actual content has not been checked for accuracy.  Consequently Ethical Investment Advisers does not warrant the accuracy of the information nor accept liability for any errors in the data.

 

You may also be interested in

Sign up to our Newsletter