Warakirri AM appoints sustainability head
Warakirri Asset Management has appointed a head of sustainability, a newly created role for the multiboutique asset manager.
Nikki Jordan has joined the business from ASX-listed food producer Select Harvests, where she was a sustainability and environment manager, and has 15 years of experience in ESG roles at organisations, including Bank Australia and City of Melbourne.
In her role at Warakirri, she will report to managing director Jim McKay and lead the firm’s sustainability and ESG strategy and oversee its implementation across business lines.
McKay said: “Warakirri has a long and proud history of providing ethical and sustainable investment outcomes right across our capabilities, and this continues to be one of our top priorities. Nikki’s strong and diverse sustainability skill set and her knowledge of the evolving policy landscape make her a valuable addition to our team.
“Nikki’s appointment will continue to drive our leadership in the sustainable and responsible investing areas and help us to deliver on our clients’ responsible investment objectives.”
The asset manager is a signatory of the Principles for Responsible Investment and has managed ethical funds for over 25 years, including the Ethical Australian Equities and Ethical Global Equities funds.
These funds have “ethical overlays which incorporate both positive and negative components applied with a focus on sustainable businesses that exhibit sound ESG practices”, the firm said.
Earlier this month, Treasurer Jim Chalmers opened a consultation on corporate climate-related financial disclosure requirements, outlining what companies need to report under the framework.
“Our changes will establish Australia’s climate risk disclosure framework, giving investors and companies the transparency, clarity and certainty they need to invest in new opportunities as part of the net zero transformation.
“This is an important step for improving transparency and will help investors and companies make more informed investment decisions and lay the foundation for a stronger, more robust financial system.
“The draft legislation gives companies the opportunity to build capacity to make high-quality climate risk disclosures by providing early visibility of the proposed reporting requirements and expand the breadth of entities required to report over time.”
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