Search Results

Showing 2301 - 2310 of 3192 results for "ACT"

HESTA makes $19m impact investment in aged care facility

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2017  |  NEWS
Superannuation fund HESTA has invested $19 million to finance an innovative retirement village in Tasmania that will recreate "real life experiences for those living with dementia." Mark Peacock, acting executive director, Impact Investing, Social Ventures ...

Financial Services Council launches Principles of Internal Governance and Asset Stewardship Code

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2017  |  NEWS
The Financial Services Council has launched its new Principles of Internal Governance and Asset Stewardship code, which will be mandatory for all members. Sally Loane, FSC CEOw Stewardship codes for asset management arose in response to the GFC. The ...

Colonial First State Global Asset Management publish stewardship report

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2017  |  NEWS
Colonial First State Global Asset Management (CFSGAM) have published their tenth annual Responsible Investment and Stewardship Report, benchmarking the asset manager's performance on a range of internal and external performance. Pablo Berrutti,head ...

Australian, NZ organisations consider impacts of bribery, corruption: Deloitte

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2017  |  NEWS
While Australian and New Zealand organisations recognise the reputational, financial and cultural risks of incidents of bribery and corruption, their response to managing those risks are "slow, compared to others worldwide," according to Deloitte. Deloitte ...

ANZ, NAB join initiative to pilot Task force on Climate-Related Financial Disclosures

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2017  |  NEWS
ANZ, National Australia Bank and 9 other global banks have committed to piloting the Task force on Climate-Related Financial Disclosures (TCFD)'s guidelines as well as committing to jointly develop "analytical tools and indicators to strengthen assessments ...

Mirvac launches first Reconciliation Action Plan

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUL 2017  |  NEWS
Mirvac has launched its first Reconciliation Action Plan (RAP), fulfilling a commitment made in their 2015 This Changes Everything sustainability strategy. Sarah Breavington, Mirvac sustainability director Mirvac's RAP links to their commitment to "demonstrate ...

Parametric explores integration of responsible investing in peer-constrained world

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUL 2017  |  NEWS
Concerns over peer risk and short-term underperformance versus long term performance need not constrain superannuation funds from implementing responsible investing ideas or strategies, according to research from Parametric Portfolio Associates. Jennifer ...

Local Government Super appoints Katherine O'Regan as board chair

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUL 2017  |  NEWS
Local Government Super (LGS) has appointed Katherine O'Regan as its first female chair to the board. O'Regan is an existing director, and "extensive experience in local government, financial services and board engagement," LGS said. O'Regan has previously ...

Climate Bonds Initiative analyses disclosure of use of proceeds

RACHEL ALEMBAKIS  |  FRIDAY, 30 JUN 2017  |  NEWS
The majority of issuers of green bonds are providing "a degree" of public information about use of proceeds, according to a report from The Climate Bonds Initiative. Sean Kidney, CEO, Climate Bonds Initiative The report, Post Issuance Use of Proceeds ...

Social Ventures Australia launches $7 million Resolve Social Benefit Bond

RACHEL ALEMBAKIS  |  FRIDAY, 23 JUN 2017  |  NEWS
Social Ventures Australia (SVA) has gathered $7 million in capital to fund a social benefit bond to fund a program addressing mental health services. Elyse Sainty, SVA director impact investing The Resolve Social Benefit Bond (Resolve SBB) will fund ...