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FTSE Russell enhances Green Revenues data model

RACHEL ALEMBAKIS  |  TUESDAY, 15 SEP 2020  |  NEWS
FTSE Russell has launched an enhanced Green Revenues 2.0 Data Model to measure the green revenue exposure of companies in nearly 50 markets around the world. The Green Revenues 2.0 Data Model provides investors with a comprehensive classification system ...

IGCC CEO appointed to Greater Sydney Commission

RACHEL ALEMBAKIS  |  FRIDAY, 11 SEP 2020  |  NEWS
Emma Herd, CEO of the Investor Group on Climate change, has been appointed environment commissioner for the Greater Sydney Commission. The Greater Sydney Commission is an independent NSW Government agency leading strategic metropolitan planning. Its ...

Investors welcome Rio resignations

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020  |  NEWS
Chief executive of Rio Tinto, Jean-Sebastien Jacques, will step down following pressure from investors and indigenous leaders over the destruction of the Juukan Gorge in May. Rio Tinto said the decision was made following the board review of the company's ...

Super fund axes AMP Capital mandate

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020  |  NEWS
Another superannuation fund has pulled its mandate with AMP Capital's Ethical Leaders Balanced Fund, appointing another investment manager to its Balanced Socially responsible option. Legalsuper has terminated AMP Capital as investment manager of ...

Substantial investment needed for sustainable infrastructure: RARE Infrastructure

RACHEL ALEMBAKIS  |  THURSDAY, 10 SEP 2020  |  NEWS
Infrastructure assets will require "substantial investments" to achieve lower carbon emission targets and require private sector funding for many initiatives, according to new research from RARE Infrastructure. RARE Infrastructure recently published ...

Company secretaries weigh challenges, opportunities of virtual AGM

RACHEL ALEMBAKIS  |  THURSDAY, 10 SEP 2020  |  NEWS
Planning and running a virtual AGM is a dramatically different experience from running a live event, and company preparing for forthcoming virtual and hybrid AGMs in the next few months should draw on the experience of those companies who went through ...

AGL launches electric vehicle subscription service

RACHEL ALEMBAKIS  |  THURSDAY, 10 SEP 2020  |  NEWS
AGL has made a foray into the sharing economy by launching an Electric Vehicle (EV) Subscription Service for customers. AGL is partnering with car subscription service Carbar and EV charging supplier JET Charge on the service. The EV Subscription Service ...

Australian passive sustainable funds grow to $3.6 billion: Morningstar

RACHEL ALEMBAKIS  |  THURSDAY, 10 SEP 2020  |  NEWS
Australian passive sustainable funds stand at $3.6 billion, but launches of passive sustainable funds have slowed after a peak in 2018, according to research from Morningstar. Morningstar tracked the growth of sustainable passive funds, that as of June ...

Australian Ethical sees further growth for ethical funds

RACHEL ALEMBAKIS  |  THURSDAY, 10 SEP 2020  |  NEWS
Australian Ethical Investment is at the "early stage" of benefiting from the growth in demand for ethical products, and expects further growth even as the company recently announced record profits for the 2020 financial year. Australian Ethical reported ...

CEFC backs project to bring Tesla Powerwall to SA social housing

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 SEP 2020  |  NEWS
The Clean Energy Finance Corporation (CEFC) is investing up to $30 million in program to deliver home energy systems to social housing tenants in South Australia. The project will see the installation of solar and battery storage systems across more ...