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ESG data can augment low-volatility quant strategies: Northern Trust

RACHEL ALEMBAKIS  |  FRIDAY, 10 JAN 2020  |  NEWS
Environmental, social and corporate governance (ESG) data can augment low volatility quantitative strategies and enhance alpha seeking strategies, according to Northern Trust Asset Management. Michael Hunstad, head of quantitative research global equity ...

IFC expands EDGE program to include BNP Paribas ClimateSeed program

RACHEL ALEMBAKIS  |  FRIDAY, 10 JAN 2020  |  NEWS
... existing buildings and major retrofits." ClimateSeed projects have gone through a three-step due diligence process to ensure high quality. The projects have been certified by international standards such as VCS or Gold Standard, the project developers ...

Climate-related policies "inevitable", but likely to be disorderly: IPR

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2019  |  NEWS
Governments will inevitably be required to implement climate-related policies, but due to "highly insufficient" actions thus far, the response by 2025 will be "forceful, abrupt and disorderly," according to the Inevitable Policy Response (IPR) project ...

Directors urged to exercise legal duties over climate risk as context evolves

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2019  |  NEWS
... a core area of focus in its review of 31 December financial statements." Further to that point, this week also saw former High Court judge and royal commissioner Kenneth Hayne warn Australian directors they have a legal duty to act on climate change ...

Superannuation funds that invest responsibly outperform: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 6 DEC 2019  |  NEWS
MySuper options in superannuation funds that employ responsible investment strategies across portfolios have financially outperformed non-responsible investment peers over one, three and five-year time frames, according to new research from the Responsible ...

Investing in insurance linked securities, integrating climate risk: Amundi

RACHEL ALEMBAKIS  |  FRIDAY, 6 DEC 2019  |  NEWS
... comprised of an internal allocation and external clients such as endowments, pension funds and sovereign wealth funds, plus high net worth clients, Liu said. "In today's market conditions, where valuation is very tight, approaching the end of a credit ...

GRI launches tax reporting standard for comprehensive disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 6 DEC 2019  |  NEWS
... ranged between US$500-600 billion annually, citing UNU-WIDER and the International Monetary Fund. "Tax avoidance comes with high human costs as it undermines governments' ability to provide quality public services and promote economic development," said ...

QBE, Suncorp among global insurers exiting coal: Unfriend Coal

RACHEL ALEMBAKIS  |  TUESDAY, 3 DEC 2019  |  NEWS
Australian insurers QBE and Suncorp are among global insurers and reinsurers withdrawing cover for new coal projects, according to the third annual Unfriend Coal scorecard. Seventeen of the world's biggest insurer have announced they are withdrawing ...

Creating a values-based financial advisory firm: FPA Congress

RACHEL ALEMBAKIS  |  MONDAY, 2 DEC 2019  |  NEWS
... The Never Ending Quest. He plotted ethical behaviour on an axis of motivation and ease. "When human motivation is nice and high, we're going to do stuff," Hale said. "Because human beings are essentially lazy, our brains are lazy and it likes to take ...

Analysis: too big to be sustainable?

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2019  |  NEWS
... social and corporate governance (ESG) performance. MSCI's ESG Ratings has Westpac rated AA, its second highest rating, high enough to consider the bank a "leader" globally. Westpac has retained that AA rating since 2015. But how to reconcile those ...