Carbon offsetting a 'distraction' from genuine emissions reductions

Carbon offsetting a 'distraction' from genuine emissions reductions
Greg Liddell is executive director of responsible investment at Betashares. (Image: Supplied)
Greg Hurrell
Carbon offsetting is a distraction from making genuine reductions in emissions, says Australian fund manager Greg Liddell.Betashares, which specialises in exchange-traded funds (ETFs) on the Australian securities exchange (ASX), and of which Liddell is the executive director for responsible investments, has more than A$28 billion (NZ$30.2b) in assets under management with around A$5b of that invested in ethical and responsible investment products. He was in New Zealand last week for the Responsible Investment Association’s annua...

More Sustainable Finance

Climate reporting standards yet to push change for fund chiefs
Sustainable Finance

Climate reporting standards yet to push change for fund chiefs

Investment managers here still lagging well behind Australia's on climate action.

Greg Hurrell 05 Jul 2024
Moves afoot to push more commercial investment into climate adaptation
Infrastructure

Moves afoot to push more commercial investment into climate adaptation

KPMG says the global insurance market has sat up and noticed NZ's vulnerability.

Greg Hurrell 01 Jul 2024
$2b solar farm project aims to generate 15% of daytime electricity
Energy

$2b solar farm project aims to generate 15% of daytime electricity

The company is bucking trends by building before securing supply contracts.

Greg Hurrell 25 Jun 2024