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CEFC invests $150 million with IFM Australian Infrastructure Fund

RACHEL ALEMBAKIS  |  FRIDAY, 13 APR 2018  |  NEWS
... 15 million pension fund members globally. "IFM is a leader in sustainable investment," said Kyle Mangini, IFM Investors global head of infrastructure. " With the support of the CEFC, we will accelerate our program of measuring, reporting, and decreasing ...

Mercer hires three consultants to responsible investment team

RACHEL ALEMBAKIS  |  FRIDAY, 13 APR 2018  |  NEWS
Mercer has hired Timothy Stamp to the Australian Responsible Investment team, one of three hires to the global responsible investment team. Helga Birgden, head of responsible investing for Asia Pacific at Mercer Stamp will join Mercer's Sydney office ...

BHP Billiton to maintain membership in US Chamber of Commerce

RACHEL ALEMBAKIS  |  FRIDAY, 6 APR 2018  |  NEWS
... its shareholder resolution on the same topic for the Rio Tinto AGM. More than a hundred individual shareholders and three global asset owners including Local Government Super (LGS) have co-filed a shareholder resolution calling on Rio Tinto to review ...

Man Group analyses tobacco considerations in investment strategy

RACHEL ALEMBAKIS  |  FRIDAY, 6 APR 2018  |  NEWS
Global fund manager Man Group is considering the impacts of divestment from tobacco as part of its broader approach to responsible investing. Jason Mitchell, sustainability strategist, Man Group, The fund manager does not have a blanket policy of divestment ...

Protecting impact from Greenwash - Duncan Paterson

RACHEL ALEMBAKIS  |  FRIDAY, 6 APR 2018  |  NEWS
... of the approach at that time. It can be difficult to come up with a hard-and-fast definition for impact investment. The Global Impact Investing Network (GIIN) offers the clearest approach, identifying three key characteristics for impact investments ...

New Forests given award for portfolio of carbon offset projects

RACHEL ALEMBAKIS  |  FRIDAY, 6 APR 2018  |  NEWS
The Climate Action Reserve has recognised New Forests' portfolio of carbon offset projects with the 2017 Carbon Project Developer of the Year award. David Brand, New Forests CEO Climate Action Reserve is "the premier carbon offset registry for the North ...

Exploring the risks, impacts of future of work on investments

RACHEL ALEMBAKIS  |  THURSDAY, 29 MAR 2018  |  NEWS
... demographic and societal changes - Morgan Stanley says "the proportion of people aged 55-64 will rise from 13 to 15% of the global population in the next 10 years according to the UN World population prospects, requiring employers to rethink how they ...

Financial Services industry has key role to play in financing the SDGs: EY

RACHEL ALEMBAKIS  |  THURSDAY, 29 MAR 2018  |  NEWS
... new EY paper, How Do You Fund A Sustainable Tomorrow, " there is an estimated US$2.5t funding gap each year until 2030. Global financial and capital markets currently manage almost US$300t in financial assets every year." EY states that the financial ...

CEFC investing up to $100m in Lendlease-managed property fund

RACHEL ALEMBAKIS  |  THURSDAY, 29 MAR 2018  |  NEWS
... properties in Australia. It has been rated the world's most sustainable real estate fund in 2014, 2015 and 2017 by the Global Real Estate Sustainability Benchmark (GRESB). The CEFC investment is targeting abatement of more than 40,000 tonnes of carbon ...

BetaShares' Australian Sustainability Leaders ETF certified by RIAA

RACHEL ALEMBAKIS  |  THURSDAY, 29 MAR 2018  |  NEWS
... gain relevance in our local market." Separately, BetaShares has announced that it has removed Facebook from the BetaShares Global Sustainability Leaders ETF (ASX:ETHI) based on a number of recent issues, including Cambridge Analytica's use of personal ...