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BlackRock presses case for better ESG disclosures for investors

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2016  |  NEWS
... companies and investors. BlackRock's six policy recommendations: 1.Encourage standardised ESG disclosure within a consistent global reporting framework, similar to international accounting standards, by: a. Recognising the importance of identifying and ...

QIC invests $800m in Powering Australian Renewables Fund

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2016  |  NEWS
... (photo courtesy AGL) QIC has invested the AU$800 million on behalf of clients the Future Fund and others invested in the QIC Global Infrastructure Fund (QGIF). AGL has provided AU$200 million of cornerstone equity. PARF is expected to own more than 1,000MW ...

ARENA provides $9.9 million funding to New Gullan Range Wind Farm

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2016  |  NEWS
... Goldwind Australia is a wholly owned subsidiary of Xinjiang Goldwind Science & Technology, a leading vertically integrated global wind power company, ARENA said. "There is huge potential to adopt this approach at other wind farms," Frischknecht said. ...

Companies, CEOs, chairs seen as unethical: Governance Institute

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUL 2016  |  NEWS
... role in setting standards within companies. All Posts The Ethics Index is based on a survey of more than 1000 people by global market research firm Ipsos. "It is disappointing, particularly when it comes to the perceptions of the ethics of company chairmen ...

WBCSD, CDSB, Ecodesk create Reporting Exchange

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUL 2016  |  NEWS
... Council for Sustainable Development (WBCSD), the Climate Disclosure Standards Board (CDSB) and Ecodesk have created a free global sustainability reporting knowledge platform. The Reporting Exchange will " identify the reporting regulations, rules, policies ...

NAB finances third NSW social impact investment

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2016  |  NEWS
National Australia Bank will finance a New South Wales social impact investment to fund a program to reduce recidivism by parolees in that state. Daniel Madhavan, CEO, Impact Investing Australia The NSW state government issued the program, called On ...

Natural Capital Protocol launched worldwide

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2016  |  NEWS
A coalition of global stakeholders have launched the Natural Capital Protocol, a framework designed to assist companies in measuring and valuing use of and impact on natural capital. Andrew Petersen, CEO, Sustainable Business Australia The Natural Capital ...

AXA IM hires Alix Chosson to responsible investment team

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JUL 2016  |  NEWS
AXA Investment Managers (AXA IM) has hired Alix Chosson to its responsible investment team. Matt Christensen, global head of responsible investment, AXA IM Chosson has been hired as energy fundamentals analyst, will be based in London and reports to ...

Stakeholders assess ESG policy priorities for Parliament

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2016  |  NEWS
... settings around climate change, another ESG priority, while the next government may in fact be a minority government, the global context around climate change action is different from 2010, said John Connor, chief executive of The Climate Institute. ...

Climate-aligned bonds total US$694bn: Climate Bonds Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2016  |  NEWS
... universe - which stands at US$90 trillion, and is still a drop in the bucket compared to the financing needs to contain global warming to less than two degrees Celsius. The report cites a figure from the International Energy Agency (IEA), which has said ...