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Sustainable Melbourne Fund receives ARENA grant

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 JUN 2016  |  NEWS
The Australian Renewable Energy Agency (ARENA) has provided AU$425,000 in grant funding to Sustainable Melbourne Fund to assist councils in Victoria to set up environmental upgrade agreements (EUAs). Scott Bocskay, CEO of the Sustainable Melbourne Fund ...

Disconnects holding back gender diversity: EY report

RACHEL ALEMBAKIS  |  FRIDAY, 10 JUN 2016  |  NEWS
Although gender diversity is a governance issue for corporate boards globally, only 13% of executives from companies around the world expect a significant increase in the number of women in leadership roles in the next five years, according to a new ...

Video: Investing and human rights

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2016  |  NEWS
Human rights are a growing concern amongst global investors. As investing becomes more transparent, owning companies that breach global conventions on human rights carries greater reputational risk, which can potentially have a material impact on company ...

Verdia to assist companies on energy efficiency project design

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2016  |  NEWS
Energy services company Verdia has partnered with Westpac to assist companies seeking financing for investments in solar, energy efficient technologies and low emissions vehicles. Paul Peters, CEO, Verdia Westpac has received AU$200 million from the ...

GRESB hires Lonneke Lowik as new head of operations

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2016  |  NEWS
The Global Real Estate Sustainability Benchmark (GRESB) has hired Lonneke Lowik as its new head of operations. As head of operations, Lowik will oversee the business operations and manage GRESB's Amsterdam headquarters. "Lonneke brings more than a decade ...

Companies, investors assessing Sustainable Development Goals

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAY 2016  |  NEWS
Investors and companies are working to assess, evaluate and plan to integrate the goals of the United Nations Sustainable Development Goals (SDGs), a process supported by a wide variety of stakeholders on all side of the process. Alice Cope, executive ...

Conduct risk a concern for financial services sector: Ausbil

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAY 2016  |  NEWS
Conduct risk in the financial services sector is issue that investors must take into consideration for direct impacts such as fines, but also indirect impacts such as management distraction and staff retention, according to research from Ausbil Investment ...

AXA IM Smart Beta fund certified by RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 20 MAY 2016  |  NEWS
The Responsible Investment Association Australasia (RIAA) has certified AXA Investment Manager's ESG SmartBeta equity pooled fund under its responsible certification process. Simon O'Connor, RIAA CEO The AXA IM ACWI SmartBeta Equity Fund is designed ...

Super funds on ESG engagement at ACSI conference

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2016  |  NEWS
Superannuation fund trustees are increasingly seeing environmental, social and governance (ESG) integration as part of the process of managing funds for members over the long term, and view engagement with invested companies as a tool in that process. ...

Australian Ethical hires Michael Murray

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2016  |  NEWS
Australian Ethical has hired Michael Murray to its investments team. Murray has 18 years' experience as a portfolio manager for ethical and ESG aware clients and has previously worked at Integrity Investment Management and AMP Capital. "I look forward ...