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40% of Chinese Coal Power Plants are Losing Money: Carbon Tracker

RACHEL ALEMBAKIS  |  TUESDAY, 16 OCT 2018  |  NEWS
Nearly half of China's coal power stations are making losses, and their owners could save "nearly US$390 billion by closing plants in line with the Paris Climate Agreement," according to an innovative new study by Carbon Tracker, Matthew Gray, Carbon ...

New Forests joins World Business Council on Sustainable Development

RACHEL ALEMBAKIS  |  TUESDAY, 16 OCT 2018  |  NEWS
New Forests has joined the World Business Council on Sustainable Development (WBCSD). David Brand, New Forests CEO New Forests joined the more than 200 other businesses in the organisation, with particular focus on the WBCSD's work in relation to climate-smart ...

A4S to address sustainability, disclosure at World Congress of Accountants

RACHEL ALEMBAKIS  |  TUESDAY, 16 OCT 2018  |  NEWS
The Accounting for Sustainability Project (A4S) initiative will press the case for greater engagement around sustainability and the impact of environmental, social and economic issues on financial outcomes at the 20 th World Congress of Accountants ...

BayernLB joins Climate Bond Initiative as Climate Bonds Partner

RACHEL ALEMBAKIS  |  TUESDAY, 16 OCT 2018  |  NEWS
BayernLB has joined the Climate Bonds Initiative as a Climate Bonds Partner. BayernLB is a leading financial services provider for the Bavarian and German economies, serving Mittelstand companies and large corporates, savings banks and public authorities ...

CAER urges investors to consider ESG risks of cannabis companies

RACHEL ALEMBAKIS  |  FRIDAY, 28 SEP 2018  |  NEWS
With Canada and several large American states legalising the recreational use of cannabis, responsible investors should look to establishing policies addressing the emerging cannabis industry, according to CAER. In a recent article, CAER's Jacob Laurent ...

ACSI names Kate Griffiths to executive manager role

RACHEL ALEMBAKIS  |  FRIDAY, 28 SEP 2018  |  NEWS
The Australian Council of Superannuation Investors (ACSI) has appointed Kate Griffiths to the role of executive manager, public policy and advocacy. Louise Davidson, ACSI CEO In her new role, Griffiths will be responsible for developing and implementing ...

ASIC report finds 17% of ASX300 identify climate as material risk

RACHEL ALEMBAKIS  |  FRIDAY, 21 SEP 2018  |  NEWS
The Australian Securities and Investments Commission (ASIC) has issued its first report on climate risk disclosures by ASX300 companies. While the statistics discussed in the report are familiar to those who have read similar reports by investment bodies ...

Future Business Generation outlines Millennial climate risk concerns

RACHEL ALEMBAKIS  |  FRIDAY, 21 SEP 2018  |  NEWS
Future Business Generation has called on the superannuation industry to provide more sophistication in climate risk assessment and management, on behalf of Millennials that will retire in the post-2030 world. Oshadee Siyaguna, committee member of Future ...

Raiz Invest launches Facebook Messenger chatbot for customers

RACHEL ALEMBAKIS  |  FRIDAY, 21 SEP 2018  |  NEWS
Raiz Invest, the mobile-first micro-investing platform, has launched a Facebook messenger chatbot to customer's experience and answer basic questions about the platform's function. George Lucas, Raiz Invest managing director The chatbot, Ashlee, allows ...

Local Government Super becomes signatory to Green Bond Pledge

RACHEL ALEMBAKIS  |  FRIDAY, 21 SEP 2018  |  NEWS
Local Government Super (LGS) has become a founding signatory to the Green Bond Pledge. Bill Hartnett, head of sustainability, Local Government Super The Green Bond Pledge is an international declaration that all bonds financing long-term infrastructure ...