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Climate risk necessitates short and long term stress testing: Mercer

RACHEL ALEMBAKIS  |  FRIDAY, 12 APR 2019  |  NEWS
Investing in climate solutions can bring a low carbon transition premium for institutional investors, increasing the urgency for investors to gauge short term as well as long-term impacts of climate change according to new research from Mercer. Helga ...

Woolworths Group to become first Australian retailer to issue Green Bonds

RACHEL ALEMBAKIS  |  FRIDAY, 12 APR 2019  |  NEWS
Woolworths Group will issue Green Bonds certified by the Climate Bonds Initiative (CBI). Projects that could be supported by the bonds include the implementation of energy efficiency initiatives such as the installation of solar panels on the roofs ...

AASB, AuASB statement raises stakes on disclosure of climate-related risk

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAR 2019  |  NEWS
... asset fair values and impairments to changes in useful life assumptions and provisions for onerous contracts. "Given investor statements on the importance of climate-related risks to their decision making, the impact of the materiality definition and ...

flexigroup issues $90.9 million Climate Bond certified green bond tranche

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAR 2019  |  NEWS
... receivables in this green note issuance as an important market development," said CEFC Debt Markets Lead Richard Lovell. "Investor confidence in solar receivables has deepened as consumers have capitalised on technology gains and rapid price declines ...

Dhaka, Colombo stock exchanges launch guides for sustainability reporting

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAR 2019  |  NEWS
The Dhaka Stock Exchange (DSE) and the Colombo Stock Exchange (CSE), have launched technical guidance guides to listed companies with recommendations on best practice for sustainability reporting. GRI provided technical input to the guides, and both ...

Future IM/Pact signs two new partners, launches student events

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAR 2019  |  NEWS
... industry-sponsored initiative and employee value proposition designed to help diverse talent see how they can impact the world as an investor, learn how to start their career in investment management and provide opportunities to gain exposure to the ...

IFC to permit structuring of loans in accordance with Green Loan Principles

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAR 2019  |  NEWS
IFC moved to accelerate the green loan market by offering investment clients the option to structure loans in accordance with the Green Loan Principles. The Green Loan Principles are modelled on the Green Bond Principles and specify how loan proceeds ...

Climate change, modern slavery on ESG engagement agenda: Ausbil

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAR 2019  |  NEWS
... transition in terms of climate change. Over time, the economy will be decarbonised, and then how do you play that as an investor? For example, gas is a fuel that will be an intermediate beneficiary as we decarbonise. As part of that, we want to engage ...

ACSI updates gender diversity policy to apply to ASX200 companies

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAR 2019  |  NEWS
The Australian Council of Superannuation Investors (ACSI) has updated its gender diversity policy to extend to ASX201-300 companies, meaning that ASX200 boards with one or zero women directors could face a vote against directors seeking re-election. ...

RIAA certifies two Legg Mason funds as Responsible Investments

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAR 2019  |  NEWS
... Sowerby said. "This is an evolving area of investment and the RIAA play an important role to help consumers. When an investor sees the RIAA Certification Symbol for an investment product, they have assurance that it has met standardised responsible investment ...