AirTrunk\u2019s Prashant Murthy took part in the \u2018Changing nature of capital markets\u2019 panel at the The Australian Financial Review\u2019s CFO Live event in Sydney.<\/p>\n
He was joined by fellow panellists Robert Kenna, CFA from TCorp; Jo Folan from Allens and Benjamin Martin-Henry from MSCI Inc.; and moderator Jonathan Shapiro from the AFR.<\/p>\n
On the topic of how CFOs are navigating the global shift toward sustainable finance, Prashant said: \u201cSLLs [Sustainability Linked Loans] have clear benefits, acting as a catalyst to drive change. Every dollar we raise is green linked and we have set benchmarks for our people, with the KPIs acting as incentive for us to raise the bar. We started with an operating PUE [Power Usage Effectiveness] and gender representation KPI and we\u2019ve since added new targets to include water and carbon usage effectiveness and gender pay equity.<\/p>\n
\u201cWe\u2019re now reinvesting all margin incentives from the SLL into our social impact program, which our employees are really rallying behind. We\u2019re already supporting STEM scholarships through the Tokyo Institute of Technology and have a partnership with Rural Aid and Source to install hydropanels that provide clean drinking water for remote communities in the Northern Territory.\u201d<\/p>\n
We have more social impact programs coming soon in markets across APJ, supporting our four pillars of STEM education, biodiversity & conservation, equal digital access and sustainable innovation.<\/p>\n