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ANZ, NAB join initiative to pilot Task force on Climate-Related Financial Disclosures

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2017  |  NEWS
ANZ, National Australia Bank and 9 other global banks have committed to piloting the Task force on Climate-Related Financial Disclosures (TCFD)'s guidelines as well as committing to jointly develop "analytical tools and indicators to strengthen assessments ...

CEFC allocates up to $150 million to Qube Holdings for transport terminal

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2017  |  NEWS
The Clean Energy Finance Corporation (CEFC) has committed up to $150 million to a major intermodal terminal in south-western Sydney that is expected to reduce emissions by switching from road to rail. Ian Learmonth, CEO, Clean Energy Finance Corporation ...

Parametric explores integration of responsible investing in peer-constrained world

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUL 2017  |  NEWS
Concerns over peer risk and short-term underperformance versus long term performance need not constrain superannuation funds from implementing responsible investing ideas or strategies, according to research from Parametric Portfolio Associates. Jennifer ...

Climate Bonds Initiative, UNEP-FI launch European Green Securities Steering Committee

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUL 2017  |  NEWS
The Climate Bonds Initiative, the UNEP-FI and other stakeholder have held the first European Green Securities Steering Committee (EGSCC) meeting, designed to promote the development of the green securities market in Europe. Sean Kidney, CEO, Climate ...

Pengana selects WHEB Asset Management to manage Hunter Hall Global Deep Green Trust

RACHEL ALEMBAKIS  |  FRIDAY, 30 JUN 2017  |  NEWS
Pengana Capital Group Limited has entered into a strategic agreement with WHEB Asset Management (WHEB) to manage the Hunter Hall Global Deep Green Trust. Russel Pillemer, Pengana chief executive officer Pengana's recent merger with Hunter Hall Limited ...

Climate Bonds Initiative analyses disclosure of use of proceeds

RACHEL ALEMBAKIS  |  FRIDAY, 30 JUN 2017  |  NEWS
The majority of issuers of green bonds are providing "a degree" of public information about use of proceeds, according to a report from The Climate Bonds Initiative. Sean Kidney, CEO, Climate Bonds Initiative The report, Post Issuance Use of Proceeds ...

Social Ventures Australia launches $7 million Resolve Social Benefit Bond

RACHEL ALEMBAKIS  |  FRIDAY, 23 JUN 2017  |  NEWS
Social Ventures Australia (SVA) has gathered $7 million in capital to fund a social benefit bond to fund a program addressing mental health services. Elyse Sainty, SVA director impact investing The Resolve Social Benefit Bond (Resolve SBB) will fund ...

Will Australia adopt the Task Force on Climate-related Financial Disclosures recommendations?

RACHEL ALEMBAKIS  |  FRIDAY, 16 JUN 2017  |  NEWS
The G20 Financial Stability Board's Task Force on Climate-related Financial Disclosures (TCFD) is preparing its final recommendations, which will be presented to the G20 Leaders' Summit in July. As the TCFD considers the final draft of the TCFD guidelines ...

Pollinate Energy to open operations in fifth city - Kanpur

RACHEL ALEMBAKIS  |  FRIDAY, 16 JUN 2017  |  NEWS
Pollinate Energy, a social enterprise that provides affordable solar lighting to people in India's urban slums, will open operations in its fifth city, Kanpur, Uttar Pradesh. Kanpur is an industrial city of 3 million people, where over 85% of the communities ...

Carnegie Clean Energy to participate in global partnership to push Sustainable Development Goals

RACHEL ALEMBAKIS  |  FRIDAY, 16 JUN 2017  |  NEWS
Carnegie Clean Energy has been selected to participate in a program backed by the U.S. State Department and Unreasonable Group to focus on achieving the UN Sustainable Development Goals (SDGs). The U.S. State Department and Unreasonable Group have partnered ...