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First State Super on Climate Action 100+, engagement, and fund strategy

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2019  |  NEWS
... calls the work "intensive." "There are three companies as part of CA100+ that we meet with and engage on as the lead investor," she said. "This work is intensive sometimes, but it has benefits in it allows us to compare what one company is doing, and ...

Sustainalytics rates unmanaged ESG risk in ASX200

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2019  |  NEWS
... leadership on the issue. There was great momentum to pass the legislation, and a lot of involvement from the business and investor community. The focus moving forward will be on driving meaningful actions and real change." However, Sustainalytics has ...

First Sentier Investors hires Kate Turner as RI specialist

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2019  |  NEWS
First Sentier Investors has hired Kate Turner as responsible investment specialist. Will Oulton, head of responsible investment, First Sentier Investors Turner comes to First Sentier from Sustainalytics, where she was an associate director, its business ...

Pricing, liquidity, standards challenge green bond market: Aviva Investors

RACHEL ALEMBAKIS  |  FRIDAY, 11 OCT 2019  |  NEWS
... at the same level," Purdie said. "I have a fiduciary duty to make sure that return is as good as it should be. As an investor, should I be investing in a brown bond in a company at a better price than a green bond?" Purdie noted that the costs of external ...

Market Forces lodges shareholder resolutions with Westpac, NAB, ANZ

RACHEL ALEMBAKIS  |  FRIDAY, 11 OCT 2019  |  NEWS
Market Forces has lodged shareholder resolutions with Westpac, NAB and ANZ, calling on the banks to reduce lending and exposure to fossil fuel companies consistent with the goals of the Paris Agreement on climate change. Climate-related resolutions ...

ACSI issues updated Governance Guidelines for ASX300 companies

RACHEL ALEMBAKIS  |  FRIDAY, 11 OCT 2019  |  NEWS
The Australian Council of Superannuation Investors (ACSI) has updated its Governance Guidelines, reflecting the impact of the Banking and Financial Services Royal Commission and stressing the need to incorporate environmental, social and governance ...

ASIC critiques management of non-financial risk in governance review

RACHEL ALEMBAKIS  |  FRIDAY, 4 OCT 2019  |  NEWS
... risk for investors and stakeholders as they review an organisation's current and future performance whether from a new investor perspective (in the case of RG 228 dealing with prospectuses) or an existing investor via annual reporting (in the case of ...

Sustainable practices can yield sustainable profits: Calvert

RACHEL ALEMBAKIS  |  FRIDAY, 4 OCT 2019  |  NEWS
Companies that have sustainability practices with strategic differences to peers are associated with higher rates of return on capital, according to a paper from Calvert Research and Management. Anne B. Matusewicz, CAIA, responsible investment strategy ...

Climate change, ageing population to cause twin impacts: Actuaries Institute

RACHEL ALEMBAKIS  |  FRIDAY, 27 SEP 2019  |  NEWS
Climate change will impact the health and finances of elderly Australians at increasing rates over coming decades, necessitating wide ranging policy responses to manage social, economic and public health implications, according to a report by the Actuaries ...

Climate change impacts "top of mind" for investors: Nuveen Real Estate

RACHEL ALEMBAKIS  |  FRIDAY, 27 SEP 2019  |  NEWS
Climate change impacts on real estate investments is a "top of mind" concern for investors, according to the head of sustainability at Nuveen Real Estate. Abigail Dean, head of sustainability, Nuveen Real Estate Nuveen Real Estate, the investment manager ...