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KPMG Australia acquires Action Sustainability Asia Pacific

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAR 2020  |  NEWS
KPMG Australia has acquired Action Sustainability Asia Pacific, a boutique consultancy specialising specialises in social and environmental sustainability advisory services. Staff of Action Sustainability Asia Pacific The boutique consultancy is a leader ...

Cromwell Property Group reports on sustainability progress for 2019

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAR 2020  |  NEWS
... major step forward to really bring on this enormous quantity of resources that we're starting to roll out through the business, to encourage people to become actively engaged in learning. "We are increasing our annual learning hours per employee, and ...

Industry coalition organises Principles for Sustainable Securities Lending

RACHEL ALEMBAKIS  |  FRIDAY, 6 MAR 2020  |  NEWS
... well," Chessum said. "They may change slightly, but initially, we designed the current eight to try and cover the current business and future-proof the activities that are central to a securities lending program, such as collateral management, voting ...

PGIM charts rise of corporate "profit with purpose" mindset

RACHEL ALEMBAKIS  |  FRIDAY, 6 MAR 2020  |  NEWS
... the key reasons for firms to adopt purpose beyond profit are increased sales from a reputation boost (50%), long-term business viability (44%) and their ability to attract top talent (33%). A smaller share of firms said it was because it was the right ...

AXA IM develops carbon footpath strategy based on forward climate action

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2020  |  NEWS
... McDonald said. "More philosophically, I would say that we are always fans of management that is forward-looking in the business model," McDonald said. "We want to see management continually interested in how to reinvent themselves, reinvent the business ...

Australian Ethical to cut administration fees, enhance customer experience

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2020  |  NEWS
... funds, net inflows were up 150% from the prior corresponding period to $96.4 million. The company will invest in in its business platform, said John McMurdo, chief executive officer at Australian Ethical. "We have had to invest in new content management ...

J.P. Morgan Asset Management developing ESG scoring framework

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2020  |  NEWS
... expressed in increased engagement and in our voting, in which we will take positions that promote long-term sustainable business practices."

Companies have responsibility to meld profit and purpose: IBM

RACHEL ALEMBAKIS  |  FRIDAY, 28 FEB 2020  |  NEWS
... corporate citizenship manager, IBM Australia IBM has released its Global Purpose Study, Companies with purpose: the future of business. The study found that globally, 80% of respondents believe companies should prioritise employees, environment and the ...

CEFC commits up to $125m in Qualitas property debt fund

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 FEB 2020  |  NEWS
... "Whereas the current residential build-to-sell model focuses on pre-sales debt coverage, the new fund will consider the business case of the project, and provide loans that cover both the construction and operational phases," Johansen said. QBIF is intended ...

FTSE Russell hires head of sustainable investment, Asia Pacific

RACHEL ALEMBAKIS  |  FRIDAY, 21 FEB 2020  |  NEWS
... investment industry, both in Europe and Hong Kong. I look forward to working with Helena as we continue to expand our business in Asia Pacific. Our growth in sustainable investment capabilities, including in indexes, data and research, will meet the ...