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Principles for Responsible Investment hire chief operating officer

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2016  |  NEWS
The Principles for Responsible Investment (PRI) has hired Peter de Graaf as chief operating officer (COO). Fiona Reynolds, managing director, Principles for Responsible Investment de Graaf comes to PRI From the London-based management consultancy Carnstone ...

MSCI hires Michael Cheng to MSCI ESG Research

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2016  |  NEWS
MSCI has hired Michael Cheng to MSCI ESG Research, as vice president of corporate governance research. Cheng will be based in Hong Kong. He has more than two decades' experience in law, securities, governance and financial regulation. Prior to MSCI ...

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 ...

Carbon footprint impacts on company share price: AXA IM

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2016  |  NEWS
The carbon footprint of a company impacts on share price, with greatest potential impact on companies in the utilities, energy and materials sectors, according to new research from AXA Investment Managers (AXA IM). Kathryn McDonald, director of investment ...

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
The NZ$30 billion New Zealand Superannuation Fund (NZ Super) has adopted a climate change investment risk strategy that they will apply across their entire portfolio. Anne-Maree O'Connor, head of responsible investment, NZ Super NZ Super has developed ...

Fast fashion industry facing sustainability "inflection point": Ausbil

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2016  |  NEWS
Fast fashion garment brands globally as well as in Australia are facing a potential "inflection point" to their business model, with pressures from increased labour and environmental costs predicted to impact on how companies access factories overseas ...

RIAA designs Responsible Returns consumer website

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2016  |  NEWS
The Responsible Investment Association Australasia (RIAA) has designed a website to match retail investors and financial advisers with responsible and ethical products to meet their profile. Simon O'Connor, RIAA CEO The site, Responsible Returns, matches ...

Connecting off-grid communities with renewable tech: AllGrid Energy

PIA LEFEVRE  |  FRIDAY, 28 OCT 2016  |  NEWS
AllGrid Energy, an Indigenous-owned and operated company, is implementing a strategy to place solar panel and battery storage systems in remote, off-grid Indigenous communities in Australia. AllGrid Energy, which launched last year as a partnership ...

Cambridge Institute for Sustainable Leadership to offer director program

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 OCT 2016  |  NEWS
The University of Cambridge Institute for Sustainable Leadership (CISL) is offering a non-executive director programme for the first time in Melbourne next year, as an extension of its sustainability training programmes for corporate executives. Terence ...