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IGCC hails Australian ratification of Paris Agreement

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2016  |  NEWS
The Australian government has ratified the Paris Agreement, a move welcomed by investors. Emma Herd, CEO, IGCC The Investor Group on Climate Change (IGCC) said that the Paris Agreement sent a "huge market signal" to investors that carbon risk is a financial ...

SSGA launches tobacco, controversial weapons-free global equities fund

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2016  |  NEWS
State Street Global Advisors (SSGA) has launched an international equities fund which screens out companies involved in tobacco and controversial weapons. Jonathan Shead, head of portfolio strategies, Asia Pacific, SSGA The State Street International ...

Impact Investing Australia surveys $1.2bn impact investment universe

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2016  |  NEWS
There has been a steady increase in the number of impact investments over recent years in Australia, with the bulk of transactions consisting of debt finance to social enterprises, while domestically issued green bonds also showed increases in dollar ...

Banks consider the implications of Sustainable Development Goals

PIA LEFEVRE  |  FRIDAY, 4 NOV 2016  |  NEWS
In the year since the launch of the United Nations Sustainable Development Goals (SDGs), Australia's Big Four banks have been mapping their performance against these goals and which goals are relevant to their business strategies. The SDGs came into ...

NZ Super adopts new climate change investment risk strategy

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2016  |  NEWS
... energy investment strategy. The fund will look to make positive investments towards companies and investment vehicles that act to mitigate and positive adapt to climate change, O'Connor said. "The most impactful thing that big institutional funds like ...

Fast fashion industry facing sustainability "inflection point": Ausbil

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2016  |  NEWS
... developing these longer term relationships, companies can minimise the risk to brand damage and supply chain disruption, as well as act as "positive catalysts for change," Carlsson-Sweeny notes.

BHP Billiton ESG downgrade prompts asset owner questions: MSCI

RACHEL ALEMBAKIS  |  FRIDAY, 21 OCT 2016  |  NEWS
MSCI has given BHP Billiton a red flag in its MSCI Controversies Research and downgraded BHP Billiton in its ESG Rating Research, a move that could impact on the portfolio construction and screens of asset managers and owners around the world. Michael ...

Oliver Yates to step down as Clean Energy Finance Corporation CEO

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 OCT 2016  |  NEWS
... a political knife edge. When the Coalition government led by then-Prime Minister Tony Abbot was elected in 2013, the CEFC Act was targeted for repeal as part of the unwinding of the previous Labor government's Clean Energy Future legislative package. ...

Corporate governance, quality linked as investment factors: Northern Trust

RACHEL ALEMBAKIS  |  FRIDAY, 14 OCT 2016  |  NEWS
... to have strong financials, but one of the risks thru time is the principal/agent risk - is the management actually going to act in the best interests of shareholders?,This is very well reflected by this governance pillar. Not only do you want good profitably ...

BNP Paribas to develop products around Sustainable Development Goals

RACHEL ALEMBAKIS  |  FRIDAY, 14 OCT 2016  |  NEWS
BNP Paribas Corporate and Institutional Banking will develop structured products tied to the Solactive Sustainable Development Goals World Index. BNP Paribas Corporate and Institutional Banking has been licensed for the new equity index, which consists ...