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ClimateWorks Australia: Australia can decarbonise by 2050

RACHEL ALEMBAKIS  |  FRIDAY, 3 OCT 2014  |  NEWS
Australia could achieve net zero carbon emissions by 2050 "without structural changes to the economy or lifestyle," according to recent research by ClimateWorks Australia and the Australian National University (ANU). The biggest changes needed to decarbonise ...

IGCC calls on PM to retain Renewable Energy Target

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 OCT 2014  |  NEWS
(Ed note: updates substantially with comment from Nathan Fabian of IGCC) The Investor Group on Climate Change (IGCC) has published an open letter to Prime Minister Tony Abbott, urging the federal government to maintain its previous support for the Renewable ...

SuperMIND calculates costs of mental illness, suicide

RACHEL ALEMBAKIS  |  FRIDAY, 26 SEP 2014  |  NEWS
Claims related to suicide cost 13 industry superannuation fund and their insurers more than AU$200 million between 2007-2011,according to SuperFriend, a not-for-profit mental health foundation. Shane Fielding, principal of group risk at IFS Insurance ...

Advisory Board's bold strategy to increase impact investing

RACHEL ALEMBAKIS  |  FRIDAY, 19 SEP 2014  |  NEWS
Building impact investing in Australia will take leadership, action, and policy, according to an Australian report contributing to a global project to increase capacity in the market. graphic courtesy of Impact Investing Australia In conjunction with ...

AXA IM launches ESG SmartBeta fund in Australia

RACHEL ALEMBAKIS  |  FRIDAY, 19 SEP 2014  |  NEWS
AXA Investment Managers (AXA IM) has launched an integrated ESG SmartBeta fund in Australia, which will be available to the retail market via the Asgard platform. Kathryn McDonald, director of investment strategy, AXA Rosenberg The AXA IM All Country ...

SMF stepping up advocacy for environmental upgrade finance

RACHEL ALEMBAKIS  |  FRIDAY, 19 SEP 2014  |  NEWS
Sustainable Melbourne Fund (SMF) is increasing both national and international advocacy of environmental upgrade finance with the intention of growing the volume of deals, both large and small. Scott Bocskay, CEO of the Sustainable Melbourne Fund SMF ...

ACSI: CEO pay, termination pay drop for FY13

RACHEL ALEMBAKIS  |  FRIDAY, 19 SEP 2014  |  NEWS
The average total statutory pay package of ASX200 CEOs was AU$4.84 million in 2013, which is 63 times average earnings, a 33% drop below the 2007 peak of 94 times average earnings, according to the Australian Council of Superannuation Investors (ACSI). ...

Sustainalytics hires Cheryl Gustitus

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 SEP 2014  |  NEWS
Sustainalytics has hired Cheryl Gustitus to head global marketing and to lead strategic initiatives. Gustitus comes to Sustainalytics from GMI Ratings, where she was chief marketing officer. Prior to that, she worked for nearly 10 years with Institutional ...

MSCI assesses future carbon exposure

RACHEL ALEMBAKIS  |  FRIDAY, 12 SEP 2014  |  NEWS
It is possible for institutional investors to reduce their portfolio carbon exposures without drastically increasing tracking error or reducing investment returns, according to MSCI. executive director, global head of ESG research, MSCI MSCI has recently ...

KPMG proposes framework to analyse externalities

RACHEL ALEMBAKIS  |  FRIDAY, 12 SEP 2014  |  NEWS
The disconnect between corporate and societal value is disappearing, and companies are recognising that externalities are part of how they create value, according to a new report from KPMG. Chi Woo, KPMG Australia partner KPMG has recently released ...