Lendlease could destroy its green credentials over Figtree Hill development in koala country, experts say
ThuThursday 14
JanJanuary 2021 at 6:04am
Experts warn a controversial housing development in the middle of koala habitat could turn investors off.
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Experts have warned property developer Lendlease that its reputation as one of the most sustainable housing companies in the world could be damaged if it proceeds with a controversial development on the outskirts of Sydney.
Key points:
Experts say Lendlease risks losing investors if it fails to protect koalas on the site of a housing development near Sydney
Land clearing has begun at the site of the 1,700-home Figtree Hill development in Gilead
Canny View: ESG investing hotter than ever
17 Dec, 2020 08:53 PM
6 minutes to read
If you are looking to invest with a conscience, it might pay to check under the hood. Photo / Supplied
If you are looking to invest with a conscience, it might pay to check under the hood. Photo / Supplied
Hawkes Bay Today
The only thing hotter than the Hawke s Bay summer right now? ESG funds. What is ESG? It stands for environmental, social, and governance issues. Identifying companies rated highly on ESG metrics is an increasingly popular way for investors to deploy their money.
Between April and June, as the Covid-19 pandemic gained speed worldwide, funds that prioritised ESG investing saw global assets under management hit a record $1 trillion, according to Morningstar. That was on the back of net inflows of $7.1 billion in those three months alone.