Search Results

Showing 101 - 110 of 137 results for "local government"

Property developers advised to factor in climate change risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 OCT 2013  |  NEWS
... in climate change impacts immediately or face significant financial risk, according to Net Balance. "While the local government have understood climate risk and opportunity for some time, the property sector is lagging behind," said Neil Salisbury, Net ...

LGS invests in US$250 million EBRD green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 OCT 2013  |  NEWS
Ed note: Updates with information from Local Government Super, board appointment Local Government Super (LGS) has invested in a European Bank for Reconstruction and Development (EBRD) green bond. LGS CEO Peter Lambert LGS was the only Australian superannuation ...

Local Government Super selects SSgA for equities mandate

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 JUL 2013  |  NEWS
Local Government Super (LGS) has selected State Street Global Advisors (SSgA) to manage an AU$780 million Australian equities mandate that will include ESG screens. Bill Hartnett The mandate was labeled an "enhanced passive" strategy that will conform ...

PRI working group calls for sustainable palm oil commitments

RACHEL ALEMBAKIS  |  FRIDAY, 19 JUL 2013  |  NEWS
... oil companies and their supply chains are thus exposed to significant financial, legal and reputational risk. Local Government Super and Christian Super are part of the working group. Australia represents only a small proportion of the overall consumption ...

LGS joins Investor Statement on Bangladesh

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUL 2013  |  NEWS
Local Government Super (LGS) has signed the Investor Statement on Bangladesh, joining more than 190 shareholders and investors which are calling on brands and retailers to implement the core labour standard of the International Labor Organisation (ILO). ...

Local Government Super adopts private equity ESG framework

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 APR 2013  |  NEWS
Local Government Super (LGS) has adopted a new environmental, social and governance (ESG) framework for private equity investment. Bill Hartnett The ESG Disclosure Framework is the result of a global coalition of 40 limited partners, 20 private equity ...

Low Carbon Australia finances Warrnambool lighting project

RACHEL ALEMBAKIS  |  FRIDAY, 22 FEB 2013  |  NEWS
... McDonald. "Street lighting is the single largest source of energy costs and greenhouse gas emissions from the local government sector and it typically accounts for 30 to 60% of emissions," McDonald said. "It's a significant issue for councils, and given ...

LGS buys into IFC green bond issue

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 FEB 2013  |  NEWS
Eds note: Article rewritten to reflect new comment. Local Government Super (LGS) has participated in a US$1 billion green bond issue by the International Finance Corporation (IFC). Bill Hartnett LGS bought US$6m of the three-year bond, which will be ...

Local Government Super sells upgraded property

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 FEB 2013  |  NEWS
Local Government Super (LGS) has sold one of the properties in its portfolio for AU$42m. LGS sold SKM House in St Leonards to Altis Property Partners Group. The property had been retrofitted to 6-star NABERS rating and received a $439,000 grant from ...

US$178.5bn in sustainable investments in Australia

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 JAN 2013  |  NEWS
... Australian sustainable investing. However, negative screening has grown by 30% since 2010, mainly due to the fact that Local Government Super expanded its sustainable investing overlay to large international equities. LGS now excludes investments in ...