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Negatively screened funds grow by over 2500% in New Zealand: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 4 AUG 2017  |  NEWS
The responsible investment sector in New Zealand has seen a massive influx of funds in 2016, with negatively screened funds growing by over 2500% and reaching a total of NZ$42.7 billion, according to the Responsible Investment Association Australasia ...

Green Bond issuance up 50% on first half of 2016: Climate Bonds Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 4 AUG 2017  |  NEWS
The momentum for the issuance of green bonds is continuing to build, in Australia and around the world, according to Sean Kidney, CEO of the Climate Bonds Initiative (CBI). Sean Kidney, CEO, Climate Bonds Initiative Kidney has been in Australia this ...

CEFC lends $32m for construction of green student accommodation project

RACHEL ALEMBAKIS  |  FRIDAY, 4 AUG 2017  |  NEWS
The Clean Energy Finance Corporation (CEFC) has committed has committed debt finance of $32 million to the 428-bed student accommodation project in Adelaide, its first major property investment in the South Australian capital city. Proposed 428-bed ...

Responsible Investment assets top $622 billion: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2017  |  NEWS
Responsible investments have more than quadrupled over the past three years to $622 billion, with 44% of Australia's assets under management invested through some form of responsible investment strategy, according to the Responsible Investment Association ...

HESTA makes $19m impact investment in aged care facility

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2017  |  NEWS
... and looking to double the number of beds that they'll have - we saw in them an organisation that was committed to providing high-quality care for their patients, and their structure as a not for profit itself, they're committed to the end outcome for ...

Financial Services Council launches Principles of Internal Governance and Asset Stewardship Code

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2017  |  NEWS
The Financial Services Council has launched its new Principles of Internal Governance and Asset Stewardship code, which will be mandatory for all members. Sally Loane, FSC CEOw Stewardship codes for asset management arose in response to the GFC. The ...

Mining sector showing "signs of progress" on emissions management, face continued risk: CDP

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2017  |  NEWS
The mining sector is showing "signs of progress in its operational emissions management, reduced exposure to thermal coal and capital allocation in the context of a low-carbon transition," but continues to face continued risk from downstream regulation ...

Australian, NZ organisations consider impacts of bribery, corruption: Deloitte

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2017  |  NEWS
... data analytics could aid companies in identifying potential problems, as well as the need to conduct proactive reviews of high-risk functions and processes. "You need due diligence and intelligence - how do you know exactly who you're dealing with as ...

Pengana selects WHEB Asset Management to manage Hunter Hall Global Deep Green Trust

RACHEL ALEMBAKIS  |  FRIDAY, 30 JUN 2017  |  NEWS
... which dates back to January 2006. This strategy has been employed by the FP WHEB Sustainability Fund since May 2012. "At a high level, increasing trend to align personal ethics to your investment style," said Adam Myers, executive director, Penganga ...

Climate Bonds Initiative analyses disclosure of use of proceeds

RACHEL ALEMBAKIS  |  FRIDAY, 30 JUN 2017  |  NEWS
... 191 green bonds issued up to 1 April 2016 to the value of US$66 billion. The Climate Bonds Initiative found that there is "high availability of public reporting" from government agencies and commercial banks, with corporates, sub-sovereigns and asset-backed ...