Category: Governance

BlackRock has reached a record $1bn first close for its third-vintage global renewables fund with commitments from over 35 institutional investors in North America, Europe and Asia. Global Renewable Power III fund (GRP III) seeks to invest across the spectrum of climate infrastructure assets, with a focus on renewable power generation, and energy storage and distribution. BlackRock manages a $5.5bn renewable power platform with $5.5bn that has invested in more than 250 wind and solar projects globally on behalf of 150 investors.

Australian superannuation funds that comprehensively engage in responsible investment are, on average, outperforming their peers over one, three and five-year time frames – according to the Responsible Investment Association Australasia’s new Responsible Investment Super Study 2019. The study, now in its third edition, shows the results of an annual survey of Australia’s 57 largest asset owners – accounting for A…