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PRI launches guide to private equity and ESG integration

RACHEL ALEMBAKIS  |  FRIDAY, 11 APR 2014  |  NEWS
... between the integration of ESG and organisational governance, structure and culture, said Fiona Reynolds, PRI managing director. "The guide can also help limited partners (LPs) to understand the different ESG integration practices currently being implemented ...

Margaret River Winery installs SunPower solar system

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 APR 2014  |  NEWS
... the system is expected to save AU$79,000 in energy costs annually, said Geoff Barrett, Watershed Premium Wines managing director. "Watershed has been committed for some time to the environment and this resulted in several years ago in us being awarded ...

PRI moving ahead with governance review, disclosure regime

RACHEL ALEMBAKIS  |  FRIDAY, 4 APR 2014  |  NEWS
Fiona Reynolds, managing director of the United Nations-affiliated Principles for Responsible Investment (PRI), has said that she would like to see the organisation's governance review process "done and dusted" by the end of 2014. Fiona Reynolds, UN ...

SVA suggests reform for social enterprise capital funding

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 APR 2014  |  NEWS
... 'investment bank' as one means of increasing access to capital for social sector enterprises. Ian Learmonth, executive director of impact investing, Social Ventures Australia SVA has submitted comments to the Financial System Inquiry, headed David Murray. ...

ASX includes ESG language in corporate governance guidance

RACHEL ALEMBAKIS  |  FRIDAY, 28 MAR 2014  |  NEWS
... potential to be huge when it comes to things like assurance and integrated reporting." Terence Jeyaretnam, Net Balance director, noted that the impact of the change to Principle 4 and Recommendation 7.4 could be to encourage increased sustainability ...

ESG integration into quantitative investment management

RACHEL ALEMBAKIS  |  FRIDAY, 28 MAR 2014  |  NEWS
... benchmarks that tilt away from companies with poorer ESG scores and toward companies with better ESG scores. Kathryn McDonald, director of investment strategy, AXA Rosenberg This approach to integrating environmental, social and governance (ESG) factors ...

Ethical Investment Advisers launches fossil-fuel free SMA

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 MAR 2014  |  NEWS
... managed account (SMA) based on Australian equities that are screened to eliminate fossil fuel exposures. Louise Edkins, director, Ethical Investment Advisers The Ethical Investment Advisers Mid-Cap SMA currently has 29 companies in the portfolio, selected ...

PRI finds limited disclosure of fracking activity, impacts

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 MAR 2014  |  NEWS
... according to research commissioned by the Principles for Responsible Investment (PRI). Fiona Reynolds, UN PRI managing director Overall, the PRI-commissioned report found that most firms do not provide a clear picture of their fracking activities, "even ...

Crowe Horwath: sustainability as competitive advantage

RACHEL ALEMBAKIS  |  FRIDAY, 21 MAR 2014  |  NEWS
Assessing, managing and reporting on sustainability is a source of strategic and competitive value, a message that accountancy firm Crowe Horwath is spreading to its clients through a series of presentations around the country. "There is an economic ...

Senate rejects CPM repeal, business calculates liabilities

RACHEL ALEMBAKIS  |  FRIDAY, 21 MAR 2014  |  NEWS
... current carbon pricing mechanism would persist past the end of the financial year, said Hugh Grossman, RepuTex executive director. "I think to a certain degree [the Senate vote] is an interesting development, but in practical application, it doesn't ...