SEARCH
Corporate Monitor has launched a website that will give financial planners access to ESG ratings for more than 300 Australian and New Zealand companies.
The new site, www.corporatemonitor.com.au, will also offer advisers who registered with Corporate Monitor with short-form company reports that have been formatted with the needs of advisers in mind, the company said in a statement.
Duncan Paterson, chief of executive of Corporate Monitor's parent company, CAER, said: "Financial advisers play a critical role in terms of informing retail investors about the risks and benefits of responsible and ethical investment.
"By making it easier for advisers to access this kind of information, we hope to grow the pool of responsible investment more broadly, removing impediments faced by consumers who want to invest responsibly."
On the new website, advisers will have access to E, S and G ratings for companies. In addition, they can receive notifications or download summarised PDF files of company involvement in "sin-type activities" as well as involvement in the fossil fuel sector, the statement said.
Simon O'Connor, chief executive for the Responsible Investment Association Australasia, said access to this type of information is important for advisers to deliver good services.
"With 70 per cent of Australians expecting that their retirement savings are investing responsibly and avoiding harmful investments, there is a clear opportunity for financial advisers to differentiate themselves by having deep knowledge on these issues that matter," he said.
"Access to good ESG and ethical information – across matters such as fossil fuel exposure – will be important for advisers to tap this surging client interest in ethical and responsible investing."
The Asia-Pacific region is leading the world on ESG adoption, a new study has found. ...
The RBA is expected to lift rates by 40 basis points in June as the employment market continues to tighten. ...
Economists agree that the Reserve Bank is likely to remain in inflation fighting mode until December. ...
Get notifications in real-time for staying up to date with content that matters to you.
Read More
