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ACSI releases study on ASX200 ESG reporting

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2011  |  NEWS
When it comes to ASX200 companies and their ESG reporting, companies seem to be falling into the mould of the little girl with a little curl in the middle of her forehead in the much-recited children's poem -where the leading companies are good and ...

Institutional investors begin analysis of carbon tax impact

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2011  |  NEWS
Now that the government has announced its carbon mitigation scheme, institutional investors and their advisers are weighing how the proposals will impact on their assets and decisions going forward. As outlined Prime Minister Julia Gillard, the proposed ...

Four Australians up for election to UNPRI council

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2011  |  NEWS
Four Australian signatories to the United Nations-backed Principles for Responsible Investment (UNPRI) are standing for election to the PRI Advisory Council. Frank Pegan, CEO of the AU$4.17bn Catholic Super, Ann Byrne, CEO of the Australian Council ...

Solaris Investment Management appoint ESG analyst

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JUL 2011  |  NEWS
Solaris Investment Management, an AU$4bn retail and institutional fund manager, has appointed Lisa Domagala as ESG specialist to the investment team. Domagala has worked with the fund since March 2010 as an ESG consultant, and her permanent appointment ...

Retailers could save $1bn pa with investment in energy efficiency

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 JUL 2011  |  NEWS
The retail industry could save up to AU$1bn annually by 2020 if they made a focused investment in energy efficient initiatives such as lighting and temperature control, according to a study by National Australia Bank and ClimateWorks Australia. Low ...

Report: 100 South African companies used GRI in 2010

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 JUL 2011  |  NEWS
An analysis of South African companies has found that 100 companies listed on the Johannesburg Stock Exchange (JSE) have written sustainability reports based on Global Reporting Initiative (GRI) guidances for the 2010/2011 financial year, up from 86 ...

Colonial First State Global Asset Management reports on responsible investment

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2011  |  NEWS
Colonial First State Global Asset Management (CFSGAM) has urged the financial services industry to put greater emphasis on pricing ESG issues into investment decisions while releasing a report into their own 2010 responsible investment decisions. Amanda ...

Benchmarking superannuation funds' sustainability performance

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2011  |  NEWS
Much work is being performed around the world and in Australia by investors, collaborate bodies and financial services firms to seek frameworks with commonly accepted metrics to benchmark companies' sustainability performances with the ultimate goal ...

Mercer: providing education and intervention on ESG

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 JUN 2011  |  NEWS
Bringing ESG risk/reward considerations to institutional investors such as superannuation funds is a matter of "intervention" and education for investment consultant Mercer, which has a specialist ESG team that produces research and develops strategies ...

IGCC: carbon price delay could cost electricity sector $2.5bn

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2011  |  NEWS
A four-year delay to the start of a carbon pricing regime in Australia would cause an additional AU$2.5bn of additional costs to the electricity sector for both investors and energy users, according to a study commissioned by the Investor Group on Climate ...