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Commonwealth Bank issues $650 million climate bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 MAR 2017  |  NEWS
Commonwealth Bank of Australia (CBA) has issued its first climate bond, raising $650 million to fund renewable and low-carbon projects in Australia. The CBA Climate Bond will fund 12 eligible Australia projects, including renewable energy generation ...

NAB raises $500m for first ever gender equality social bond

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2017  |  NEWS
The National Australia Bank (NAB) has raised $500 million for the first ever social bond focusing on gender equality, at the upper end of the book build, the bank said. Steve Lambert, executive general manager of capital financing, NAB The NAB Social ...

Remerga launches Emerging Markets Sustainable Leaders Fund

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2017  |  NEWS
Specialist emerging markets investment manager Remerga is launching its first fund, the Emerging Markets Sustainable Leaders Fund. The fund will offer Australian investors access to a concentrated portfolio of stocks in emerging markets including South ...

Queensland Treasury Corporation issues $750m green bond

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2017  |  NEWS
The Queensland Treasury Corporation (QTC) has issued an inaugural AUD$750 million, seven-year green bond certified by the Climate Bonds Initiative. Queensland State Treasurer and Minister for Trade and Investment Curtis Pitt The QTC Green Bond has a ...

Climate Bonds Standard approves Deloitte France, Deloitte Luxembourg

RACHEL ALEMBAKIS  |  FRIDAY, 17 MAR 2017  |  NEWS
Deloitte France and Deloitte Luxembourg have been confirmed as approved verifiers under the The Climate Bonds Standard and Certification Scheme. Sean Kidney, CEO, Climate Bonds Initiative "Both these organisations add welcome depth and breadth to our ...

IGCC calls for action, investment to adapt at-risk infrastructure

RACHEL ALEMBAKIS  |  FRIDAY, 17 MAR 2017  |  NEWS
The Investor Group on Climate Change (IGCC) is calling for a national assessment of infrastructure at risk from the effects of climate change, and a calculation of the investment required for adaptation. Emma Herd, CEO, IGCC IGCC has commissioned a ...

Hunter Hall to merge with Pengana Capital to create $3bn fund manager

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAR 2017  |  NEWS
Ethical investor Hunter Hall has announced that it has entered into an agreement to merge with Pengana Capital to create a funds management business with more than $3 billion of retail funds under management. Russel Pillemer, Pengana Capital CEO The ...

Number of culturally diverse women ASX leaders "extremely low": DCA

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2017  |  NEWS
While women's representation in ASX-listed companies' leadership positions is at an all-time high, the number of culturally diverse women leaders is "extremely low," according to research from Deakin University and Diversity Council Australia (DCA). ...

Clean Energy Finance Corporation holds Clean Energy Innovators Demo Day

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2017  |  NEWS
... said. "These discussions will help the Innovation Fund extend our investment pipeline. The CEFC's main role here has been to act as a catalyst, bringing the innovators and the investors together and allowing both groups to assess one another. We are ...

AIST appoints Eva Scheerlinck as acting chief executive officer

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2017  |  NEWS
The Australian Institute of Superannuation Trustees (AIST) has appointed Eva Scheerlinck as acting CEO. Eva Scheerlinck, acting CEO, AIST Scheerlinck is currently AIST's executive manager, governance and stewardship, a role she has held since 2010. ...