
Easier ESG
December 15, 2022A novel partnership between green finance and reporting compliance gives businesses clarity, confidence, and convenience on their ESG journey.
ESG funds are on track to pass US$37 trillion by the end of 2022, nearly double what they were in 2016.
The move toward mandatory ESG reporting requirements is gaining momentum in Australia in line with the rest of the world.
The pressure towards compulsory compliance comes amidst increasing concern that current voluntary reporting regimes are inadequate, particularly concerning climate-related risks and opportunities.
It seems likely that mandatory ESG reporting will soon be a reality for Australian companies moving from a state-by-state piecemeal approach to compulsory compliance, providing benchmarked transparency on climate-related risks and opportunities.
The will of companies to do the right thing may not be the most challenging obstacle. Instead, the sometimes-overwhelming nature of the ESG in its current form seems to be the critical challenge.
This means providers offering a clear roadmap to achieve ESG criteria that can access capital from complying funds have never been more in demand.
Light green fund managers Eden Partners recently joined with specialist ESG leaders Parvate Collective to offer one-stop investment readiness.
Firmer ESG standards make this partnership’s role more important than any other time by offering a clear roadmap to achieve ESG criteria that can access capital from complying funds.
Eden Partners provides specialist funds management overseeing the Eden Global Natural Resources UCITS Fund, which is classified as an ESG’ Light Green’ under Article 8 of the European Union Sustainable Finance Disclosure Regulation (SFDR).
Co-founder Nicholas Boyd-Mathews is the fund’s, Chief Investment Officer.
“We are delighted to be able to continue to progress Eden fund’s reach whilst maintaining the expected standards in ESG for our current and targeted investment companies,” he said.
“Parvate Collective is a well-matched partner in this, given that they report on ESG and help train and guide companies through the roadmap and execution phase of ESG credentials.
“It is an exciting time in ESG fund management, where we see many opportunities in Australia and overseas.”
Tailored Programs and Strategies
The Company, founded in early 2021, has already grown a significant base of listed and non-listed clients.
Co-Founder and Managing Director Jim Allenby has been focused on building this ‘pragmatic brand’, bringing to life a philosophical approach conceived over more than seven years of working in the industry.
“Since meeting Nic some six months ago, it was always my ambition to work with him as a well-aligned fund and fund manager for our clients,” he said.
“Nic and the Eden team’s experience and history in ESG is truly world-class, and we are delighted to be working alongside them to guide companies through the requirements for ESG and green funding.”
Please note the following valuable information before using this website.
Independent Research
Market Open Australia is intended to be used only for educational and informative purposes, and any information on this website should not be taken as investment advice or guidance. It is important to conduct your own research before making any investment decisions, which should be based on your own investment needs and personal circumstances. Any investment decisions based on information contained on this website should be taken in line with independent financial advice from a qualified professional or should be independently researched and verified.