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BlackRock Real Assets names Charlie Reid to lead Asia-Pac renewables

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2018  |  NEWS
BlackRock Real Assets has appointed Managing Director Charlie Reid to extend their renewable energy investment business in Asia Pacific. Reid will be based in Sydney and responsible for sourcing, executing and managing renewable infrastructure assets ...

The pros and cons of using ESG signals in shorting

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2018  |  NEWS
... that stay in quartile 1 for ESG," Slater said. "We also observe that it's very rare for company to leave quartile 4. Bad business have something rotten about them. On that basis, quartile 4 underperforms quartile 1, and if you're building a long/short ...

Core Civic, GEO Group flagged for ESG controversies

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2018  |  NEWS
... security and alarm services subgroup, among a larger group of commercial services providers," she noted. "Their particular business is around the riskier and higher profile end of the business that are part of a larger industry sector." Recently, the ...

Sustainable Business Australia names John Hewson chair

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2018  |  NEWS
Sustainable Business Australia has announced that Dr John Hewson will be the organisation's new chair-elect to its board. Andrew Petersen, CEO, Sustainable Business Australia "Dr Hewson joining Sustainable Business Australia as chair comes at crucial ...

ACSI finalist for 2018 Human Rights Business Award

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2018  |  NEWS
The Australian Council of Superannuation Investors (ACSI) is one of five finalists for the 2018 Human Rights Business Award. Louise Davidson, ACSI CEO The Human Rights Business Award is adjudicated by the Australian Human Rights Commission (AHRC). "Australian ...

40% of Chinese Coal Power Plants are Losing Money: Carbon Tracker

RACHEL ALEMBAKIS  |  TUESDAY, 16 OCT 2018  |  NEWS
... world's largest power company, risks losing US$66 billion in stranded assets - half its total capital - if it pursues business as usual, while two other companies risk losing more than their total capital in stranded assets - Guangdong Yudean Group (US$22 ...

New Forests joins World Business Council on Sustainable Development

RACHEL ALEMBAKIS  |  TUESDAY, 16 OCT 2018  |  NEWS
New Forests has joined the World Business Council on Sustainable Development (WBCSD). David Brand, New Forests CEO New Forests joined the more than 200 other businesses in the organisation, with particular focus on the WBCSD's work in relation to climate-smart ...

A4S to address sustainability, disclosure at World Congress of Accountants

RACHEL ALEMBAKIS  |  TUESDAY, 16 OCT 2018  |  NEWS
... programs is our CFO leadership network. We've done a lot of work around environmental and social considerations into the business strategy strategy, including your budgeting process, capital expenditure, etc. The CFO leadership network is designed to ...

GPIF selects S&P Down Jones Indices for ESG benchmarks

RACHEL ALEMBAKIS  |  FRIDAY, 28 SEP 2018  |  NEWS
... The S&P/JPX Carbon Efficient Index uses TOPIX as the universe and is co-branded with Japan Exchange Group ("JPX"), a business combination between Tokyo Stock Exchange Group and Osaka Securities Exchange in Japan. "We are honored to be working with GPIF ...

United Nations Development Programme launches SDG Impact

RACHEL ALEMBAKIS  |  FRIDAY, 28 SEP 2018  |  NEWS
... said. The initiative "spells out the need for investors and companies of all sizes to adapt and transform their core business strategies to deliver financial, social and environmental performance, and to use the SDGs as the basis for engaging in untapped ...