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NAB, Westpac leaders in 2013 CDP Global 500

RACHEL ALEMBAKIS  |  FRIDAY, 13 SEP 2013  |  NEWS
Total greenhouse gas (GHG) emissions from the 50 largest emitters have increased since 2009, even as overall emissions of the top 500 companies have fallen, according to the CDP Global 500 Climate Change Report 2013. The report is co-written by CDP ...

Mariner Investment Group selects MSCI ESG Research

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 SEP 2013  |  NEWS
Mariner Investment Group, a global alternative asset manager, has selected MSCI ESG Research to provide environmental, social and governance (ESG) ratings and portfolio analytics. Mariner Group has subscribed to MSCI ESG Portfolio Analytics, a reporting ...

YES BANK signs on to Natural Capital Declaration

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 SEP 2013  |  NEWS
YES BANK, India's fourth largest private sector bank, has become a signatory to the Natural Capital Declaration (NCD). NCD is a global initiative that affirms the importance of natural capital in maintaining a sustainable global economy. Natural capital ...

NGS Super to launch stand-along SRI fund option

RACHEL ALEMBAKIS  |  FRIDAY, 6 SEP 2013  |  NEWS
... tobacco and pornography would be very highly regarded." Based on that research, NGS Super is designing the SRI option with asset allocation to Australian shares, international shares, infrastructure, and the fund's existing AU$500,000 stake in an AU$7 ...

Australian/NZ property continue dominance in GRESB survey

RACHEL ALEMBAKIS  |  FRIDAY, 6 SEP 2013  |  NEWS
... office and retail sector leaders, respectively, Mirvac as diversified property sector leader and Colonial First State Global Asset Management's Private Property Syndicate as diversified - office/retail sector leader. The regional trend in Australia/NZ ...

Cbus to divest from tobacco assets

RACHEL ALEMBAKIS  |  FRIDAY, 6 SEP 2013  |  NEWS
Cbus will divest from its holdings in companies that manufacture tobacco products. The investment committee and board of the AU$23 billion industry superannuation fund made the decision based on the interests of members and their long-term investment ...

AXA IM: impact investing to drive growth in ESG strategies

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 SEP 2013  |  NEWS
... impact investing, an increased focus on board diversity strategies and the use of ESG factors across a broader range of asset classes such as sovereign debt. Christensen in particular highlighted impact investing as an area of focus, particularly for ...

HSBC calls for policies to support low-carbon financing

RACHEL ALEMBAKIS  |  FRIDAY, 30 AUG 2013  |  NEWS
... said. "This needs to be matched by greater transparency on allocations to climate solutions, an agenda pioneered by the Asset Owners Disclosure Project." HSBC also said that there is a continuing risk/reward imbalance with conventional high-carbon options ...

Beyond Zero Emissions proposes model for retrofitting houses

RACHEL ALEMBAKIS  |  FRIDAY, 23 AUG 2013  |  NEWS
... said. "If you can develop the underlying projects robustly and can partner with an EUA program, you can develop a robust asset class, and if you can overcome the challenges of mortgagee acceptance, and market acceptance, you have a rich form of asset ...

Climate Bonds Initiative releases criteria for solar assets

RACHEL ALEMBAKIS  |  FRIDAY, 16 AUG 2013  |  NEWS
... in the solar supply chain will follow in the northern hemisphere autumn. "Solar energy seems like a straightforward fixed asset to include in our definition of a low carbon economy," said Sean Kidney, Climate Bonds CEO. "But we needed an expert working ...