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Low Carbon Readiness Index measures motivation to reduce carbon

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2019  |  NEWS
Identifying the level of personal motivation to reduce household carbon emissions can predict people's general engagement in low carbon behaviours, with the development of a Low Carbon Readiness Index (LCRI). The CRC for Low Carbon Living (CRCLCL) ...

Fidelity International develops proprietary sustainability ratings system

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2019  |  NEWS
... stock and security-picking approach lends itself to the incorporation of ESG-related data, Tan said. "We're an active investor, and we pick stocks from a bottom-up fundamental perspective," he said. "To supply that level of ESG integration or to provide ...

NSW government to issue a second Sustainability & Social Bond

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2019  |  NEWS
... environmental and social issues in New South Wales by taking an innovative approach," Perrottet said. "Diversifying our investor base in this way will help us effectively deliver programs that matter." The Green Bond issued last year is the largest single ...

MSCI creates Climate Change Indexes tilted to low carbon transition

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2019  |  NEWS
MSCI has created a new set of Climate Change Indexes designed to "help investors navigate and measure the investment opportunities and risks associated with the transition to a low carbon economy." The new MSCI Climate Change Indexes re-weight securities ...

AllianceBernstein launches Australian low-carbon equities strategy

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2019  |  NEWS
... low-carbon characteristics of many low-volatility stocks," according to AllianceBernstein. The Myer Foundation became a seed investor in December 2018, and the CEFC has provided a cornerstone investment commitment of up to $50 million. "It's a strategy ...

Pengana WHEB Sustainable Investing Impact Report identifies positives

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2019  |  NEWS
... and society, that's what we want to look for," Latham said. "That's how we define our strategy." WHEB is a bottom-up investor focused on long-term returns. "Our core focus is less about trying to tactically position the portfolio with shorter term market ...

UCA Funds Management rebrands as U Ethical, seeks growth, clients

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2019  |  NEWS
UCA Funds Management has rebranded as U Ethical, emphasising the fund manager's history of ethical investing while reaching out to connect with new potential investors, according to CEO Mathew Browning. The brand renewal process began a year ago. "It ...

CEFC takes $51m stake in Victoria's Kiamal Solar Farm

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2019  |  NEWS
The Clean Energy Finance Corporation (CEFC) has made its third equity investment in a large-scale renewable energy development, taking a $51 million stake in Victoria's 200MW (AC) Kiamal Solar Farm. Ian Learmonth, CEO, Clean Energy Finance Corporation ...

ASX200 hits target of 30% women on boards: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2019  |  NEWS
Women now comprise 30% of ASX200 boards, according to the Australian Council of Superannuation Investors (ACSI). Louise Davidson, ACSI CEO "This milestone represents the culmination of years of work by ACSI and others to increase the number of women ...

Insight Investment applies traffic light analysis to green, impact bonds

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2019  |  NEWS
Global asset manager Insight Investment has applied a traffic light score to impact bonds, and found that "many of the instruments coming to market fall short of minimum standards for sustainability." Josh Kendall, senior ESG analyst, Insight Investment ...