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Combining quality measures with ESG can yield higher returns

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 APR 2014  |  NEWS
Incorporating a quality factor overlay into a portfolio that integrates environmental, social and governance (ESG) metrics can add "significant excess return" to ESG portfolios, according to Northern Trust. Michael Hunstad, head of quantitative research ...

Investors say non-financials matter in investment decisions

RACHEL ALEMBAKIS  |  FRIDAY, 4 APR 2014  |  NEWS
Institutional investors around the world say that non-financial performance information "played a pivotal role" in investment decision making at least once in the past year, according to EY. EY's report, Tomorrow's investment rules, found that investors ...

PRI moving ahead with governance review, disclosure regime

RACHEL ALEMBAKIS  |  FRIDAY, 4 APR 2014  |  NEWS
Fiona Reynolds, managing director of the United Nations-affiliated Principles for Responsible Investment (PRI), has said that she would like to see the organisation's governance review process "done and dusted" by the end of 2014. Fiona Reynolds, UN ...

Westpac signs on to Soft Commodities Compact

RACHEL ALEMBAKIS  |  FRIDAY, 4 APR 2014  |  NEWS
Westpac Group has become a founding signatory to the Soft Commodities Compact, a banking industry initiative aiming to help clients achieve zero net deforestation by 2020. The Soft Commodities Compact has been developed by the Banking Environment Initiative ...

GRESB launches 2014 survey

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 APR 2014  |  NEWS
The Global Real Estate Sustainability Benchmark (GRESB) has launched is 2014 survey, its fifth year of operation. In 2013, 550 property companies and funds, managing US$1.6 trillion in value, participated in the GRESB survey. The Global Real Estate ...

ESG integration into quantitative investment management

RACHEL ALEMBAKIS  |  FRIDAY, 28 MAR 2014  |  NEWS
There is a growing use of environmental and social factors as part of quantitative investment techniques in equity portfolios, with fund managers integrating ESG data to either screen out undesired stocks, or to create customised benchmarks that tilt ...

PRI finds limited disclosure of fracking activity, impacts

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 MAR 2014  |  NEWS
Oil and gas producing and servicing companies provide "very limited" disclosure around risks and impacts of their hydraulic fracturing (fracking) activity, according to research commissioned by the Principles for Responsible Investment (PRI). Fiona ...

Crowe Horwath: sustainability as competitive advantage

RACHEL ALEMBAKIS  |  FRIDAY, 21 MAR 2014  |  NEWS
Assessing, managing and reporting on sustainability is a source of strategic and competitive value, a message that accountancy firm Crowe Horwath is spreading to its clients through a series of presentations around the country. "There is an economic ...

Senate rejects CPM repeal, business calculates liabilities

RACHEL ALEMBAKIS  |  FRIDAY, 21 MAR 2014  |  NEWS
The Senate has rejected a bill to repeal the Clean Energy Future legislation, but businesses continue to operate as if the current carbon pricing mechanism will continue beyond 1 July, according to carbon advisory firm RepuTex. The federal government ...

CEFC provides $20m loan facility to Carnegie Wave Energy

RACHEL ALEMBAKIS  |  FRIDAY, 21 MAR 2014  |  NEWS
The Clean Energy Finance Corporation (CEFC) has provided a AU$20 million, five-year loan facility to Carnegie Wave Energy to help accelerate final stage technology development, the CEFC said. Oliver Yates, CEFC CEO The loan facility provision is CEFC's ...