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LGS adapts investment screens for Sustainable Australian Shares option

RACHEL ALEMBAKIS  |  FRIDAY, 26 AUG 2016  |  NEWS
Local Government Super (LGS) has evolved the investment restriction screens on its Sustainable Australian Shares (SAS) investment option. LGS CEO Peter Lambert LGS has made three changes, including broadening existing screens to exclude companies that ...

AXA IM SmartBeta fund receives local recognition

RACHEL ALEMBAKIS  |  FRIDAY, 26 AUG 2016  |  NEWS
... adjusted returns. This adds to recent industry recognition - the fund has received a Morningstar Sustainability Rating of high, and received responsible investment certification by the Responsible Investment Association Australasia (RIAA). The fund is ...

Family businesses using impact investment in philanthropy: EY

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 AUG 2016  |  NEWS
... objectives of a diverse group of investors across the alternative investment, agriculture and natural capital space, including high net worth and family office investors, while also delivering significant environmental outcomes and developing the market ...

First State Super's Brandweiner jumps to LeapFrog Investments

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2016  |  NEWS
... CEO. 'First State Super has been a leading advocate for the superannuation industry to play a greater role in developing high quality investments that deliver both financial and social outcomes,' Dwyer said. 'We are keen to work with Richard and the ...

BlackRock presses case for better ESG disclosures for investors

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2016  |  NEWS
Australian companies are relatively transparent when it comes to disclosure of environmental, social and governance (ESG) information, while other countries in Asia lag in the amount and quality of their disclosures, according to the Asia Pacific head ...

QIC invests $800m in Powering Australian Renewables Fund

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2016  |  NEWS
... first and foremost addressing Australia's over-supplied energy generation market," Vesey said. "An orderly exit of aged, high carbon emitting plant is integral to creating sustainable conditions for further investment in new renewables and Australia's ...

ARENA provides $9.9 million funding to New Gullan Range Wind Farm

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2016  |  NEWS
... environmental impacts." The New Gullan Range Wind Farm (NGRWF) estimates that co-location savings for the solar farm could be as high as AU$6 million, or a 20% drop in total project cost, Frischknecht said. NGRWF is jointly owned by Beijing and Jingneng ...

WBCSD, CDSB, Ecodesk create Reporting Exchange

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUL 2016  |  NEWS
The World Business Council for Sustainable Development (WBCSD), the Climate Disclosure Standards Board (CDSB) and Ecodesk have created a free global sustainability reporting knowledge platform. The Reporting Exchange will " identify the reporting regulations ...

NAB finances third NSW social impact investment

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2016  |  NEWS
... system," NAB said. arbias is a not-for-profit that provides specialist services for people with acquired brain injury and high complex needs. "The government is targeting a 5% reduction in recidivism, and we'd be disappointed if that's all it achieves," ...

Mirvac partners with YWCA NSW for social enterprise HQ cafe

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2016  |  NEWS
... partnership with a private sector partner," said Anna Bligh, YWCA NSW CEO. "Our aim for the cafe is to not only bring to life a high quality commercial offering that will deliver a premium service to Mirvac staff, but also to fund services that help ...