Altius Asset Management

The team at Altius Asset Management is excited by the opportunity to join Australian Ethical Investment, operating as part of a market-leading investment platform and combining Australian Ethical’s ethical investing heritage across many asset classes with Altius’ deep expertise in responsible fixed-income management.   Funding to de-carbonise the energy sector and other mitigation, adaptation and resilience initiatives across the country will rely heavily on green bonds and other sustainable debt instruments and we see this as an important opportunity for Altius to build on existing capability and be ready to play a significant role in the coming decades.   With clients the centre of our considerations we are now focused on working together to support a smooth transition. Read more here - https://lnkd.in/g4SD3Uxh

We’re proud to support the Climate Action Pays Off campaign which was launched by the Investor Group on Climate Change (IGCC) earlier in October.   Home-grown clean energy is Australia’s ticket to a better financial future, and we believe it’s important to showcase the great strides we’ve already taken as the Government considers our next steps towards limiting global warming to 1.5°C by 2050.   Check out how Trent’s experience of the 2019 bushfires turned his attention to making buildings sustainable. There are many climate-impacted Australians like Trent using their experience to protect our future. https://lnkd.in/gMXvSYbY #ClimateActionPaysOff #ClimateAction #EthicalInvesting Persephone Fraser, Alison George, Kate Saunders, Maria Loyez, Mara Bún

This quarter we report on a new Climate Bonds Taxonomy for 2024, banks announcing plans to phase out financing for clients lacking adequate climate transition plans and reports emphasizing the financial risks posed by nature loss.

Last week was a big one for the UNSW Institute for Climate Risk & Response with our Early Career Researcher (ECR) Workshop on Wednesday and our Industry Forum on Thursday. Both events were very well-attended and I was truly inspired by the depth and breadth of conversations, insights and discussions. When we launched the ICRR last year a key goal was to build a new generation of inter-disciplinary scholars focused on ‘climate translation’. The ECR event was a realization of this goal – with presentations from PhD students, Postdocs and young industry-professionals on topics ranging from the impact of climate change on crop yields, to factors driving trust in climate scientists, via the discussion of ‘what is a drought?’ and how do we best frame solutions for climate change. We all learned a great deal, and not only about the topics, but also about the way each discipline works, and can work together. I received lots of really positive feedback from participants, and it was heartening to see the ‘inter-disciplinary’ conversations continuing during the breaks and networking. A second key goal of the ICRR is to drive engagement with industry and government. Our Industry Forum was a realization of that goal. From the stirring opening address by The Hon. Matt Kean who urged us to be ambitious in pursuing climate-positive policy, through to the end of day with our discussion of the potential for Australia to lead on climate action, the attendees were exposed to a range of voices, perspectives and data all pointing to productive ways in which we can collaborate to address the risks and opportunities of climate change. A big thank you to all of our speakers and panelists at both events, and congratulations to our winners at the ECR Workshop (pictured below) - all very well deserved! Many thanks also to our sponsors for both events Aon, QBE Insurance, and Altius Asset Management, to the UNSW Institute for Climate Risk & Response team who all pulled together to make both days so successful and to UNSW Science, UNSW Business School, and UNSW Law & Justice for their continuing support for the ICRR. Sven Rogge, Frederik Anseel, Andrew Lynch David Grant, Verity Firth, Kristle Romero Cortes, Bill Bovingdon, Tanya Fiedler, Andrew Pitman, AO, FAA, Michael Grose, David Jenkins, Grace Tam, Tim Raupach, Thomas Mortlock, Joanna Aldridge, Sharanjit Paddam, Jillian Broadbent, Jacqueline Peel, Wesley Morgan.

Australian Ethical Investment's acquisition of Altius Asset Management has helped its funds under management grow to nearly $13 billion over the September quarter. https://lnkd.in/eraAK3SY

Australian Ethical Investment and Altius Asset Management again make the Responsible Investment Association Australasia (RIAA) leaderboard this year

It’s great when a plan comes together!

We are pleased to announce that Altius Asset Management has signed the 2024 Global Investor Statement to Governments on the Climate Crisis. Investors recognize that policy mechanisms are essential to achieve a net zero emissions economy by 2050 or sooner, with interim targets in line with credible 1.5°C pathways. That’s why ahead of #COP29 – alongside hundreds of investors – we’re calling on governments to enact 5 essential policy actions to accelerate the private capital flows needed for a just transition to a climate-resilient, nature-positive economy. Find out more about the #climatepolicy asks here: https://lnkd.in/g5x6RgCx

Reposting this piece from 2022 Highlights the reason we can still not bank on rate cuts in Oz this year Even after expansionary monetary and fiscal policies designed for the crises are unwound, climate related investment spending and adjustment to the established world order for global trade and security will "undermine the winning strategies of just-in-time inventory management, long supply chains and blithe assumptions about conflict-free operation of capital markets, export markets and the movement of labour. These deflationary business optimisation strategies will almost certainly prove to be "fair-weather" friends".

📢 Please join us at the UNSW Institute for Climate Risk & Response 2024 Conference 🌍   We’re thrilled to announce that we will be hosting our first annual conference on October 16-17, 2024. This two-day event will bring together experts from academia, industry, and government to delve into the latest developments, challenges, and opportunities in climate risk and response. More details on the event program are available through the registration links below.    Day 1: Early Career Researchers Workshop 🧑🔬   Kick off the conference with an Early Career Researchers Workshop. This is a unique opportunity to learn about interdisciplinary research, gain evidence-based insights, and network with peers and leading professionals in the field.    🔗 Register here: https://lnkd.in/gQqX3V5m   Day 2: Industry Forum 💼   On the second day, join us for an Industry Forum where leading experts will share real-world experiences, innovations, and strategies for addressing climate risk. Speakers include UNSW Vice-President of Societal Impact, Equity & Engagement Professor Verity Firth, Minister for Emergency Management & Minister for Cities Jenny McAllister, Climate Scientist Professor Andrew Pitman, AO, FAA, ICRR Director Professor Ben Newell, Jillian Broadbent, Director of Macquarie Group and a Board Member of the Lowy Institute, and more!   🔗 Register here: https://lnkd.in/g4RFVR9V   We hope to see you there!