sustainability

The two firms, which have previously collaborated on a water investment vehicle, have received A$500,000 to explore the business case for a new fund.

Gunn Agri Partners says its new sustainable farmland fund will link manager fees to ESG performance in what is believed to be a first for the sector.

Gunn Agri Partners revealed that the Gunn Agri Cattle Fund, which is now fully deployed, reported EBITDA of A$19.7m for the year ending June 2020.

HSBC Pollination will launch a $1bn fund that will invest in forestry and agriculture as well as a $2bn carbon credit fund that will invest in carbon abatement assets such as rain forests.

CEFC has made its first investment in carbon sequestration with a A$1.7m commitment to the Soil Carbon Company.

The manager has lowered the fundraising target for its Australian Farmlands Fund due to restrictions on movement, but says investor appetite for assets remains strong, especially overseas.

BSIF has invested in a wide range of projects to date and has received strong backing from British pension funds, two of which have established co-investment portfolios.

The A$52 billion industry superfund has set a target to achieve net zero emissions in its portfolio by 2050, as part of a broader Climate Change Transition Plan.

MIRA’s head of agriculture talks to Agri Investor about sustainable farming in the wake of covid-19, and provides an update on fund deployment and plans for a fourth fund.

Plans to reduce use of harmful pesticide and fertilizer products, converting 25% of farmland to organic and incentivizing carbon sequestration is what the industry needs.