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CEFC reports $837m in commitments for 2015-2016

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2016  |  NEWS
The Clean Energy Finance Corporation (CEFC) committed AU$837 million to new investments in the 2015-2016 financial year, with allocations to cleaner power solutions, cities and the built environment and capital investments. Oliver Yates, Clean Energy ...

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

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2016  |  NEWS
The Australian Renewable Energy Agency (ARENA) is providing AU$9.9 million in funding to support a AU$26 million large-scale solar farm to be co-located with a wind farm. A 10MW solar photovoltaic (PV) plant will be built next to the existing Gullen ...

New Zealand responsible investment tops NZ$78bn: RIAA

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2016  |  NEWS
More than NZ$78 billion of New Zealand's funds under management is being invested responsibly, according to Responsible Investment Association Australasia (RIAA). (graphic courtesy of RIAA) RIAA published the 2016 New Zealand Responsible Investment ...

Treasury Corporation of Victoria issues green bond

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUL 2016  |  NEWS
Treasury Corporation of Victoria (TCV) has issued an AU$300 million green bond, the first certified Australian dollar green bond by an Australian government authority. The 1.75% 27 July 20121 TCV Green Bond proceeds will fund a portfolio of state investments ...

Mirvac partners with YWCA NSW for social enterprise HQ cafe

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2016  |  NEWS
Mirvac has partnered with YWCA NSW to open a social enterprise cafe and catering service in Mirvac's newly completed Sydney headquarters. The Song Kitchen located in Mirvac's 200 George Street headquarters (photo provided by Mirvac) The Song Kitchen ...

Stakeholders assess ESG policy priorities for Parliament

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2016  |  NEWS
... strategies in putting those priorities to policymakers. The Governance Institute has prioritised reforms to the Corporations Act for their engagement activities with the next government. Among their list of reforms, the Governance Institute has recommend ...

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

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2016  |  NEWS
The climate-aligned bond universe is US$694 billion, according to the Climate Bonds Initiative Bonds and Climate Change: The State of the Market in 2016 (SotM). The climate-aligned bond universe has grown 16% or US$96 billion from 2015, with unlabelled ...

Cbus signs Global Statement on Investor Obligations and Duties

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2016  |  NEWS
Cbus Super has signed the Global Statement on Investor Obligations and Duties, which explicitly links consideration of environmental, social and governance issues to fiduciary responsibility. The Principles for Responsible Investment (PRI), UNEP FI ...

Investors seeking ESG themes, factors in fixed income portfolios

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2016  |  NEWS
There is continued interest in integrating environmental, social and governance (ESG) considerations into fixed income portfolios and funds on the retail and institutional side in Australia, but fund managers find that while retail investment in ESG ...

Companies aware of Sustainable Development Goals: ACCSR

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2016  |  NEWS
Australian businesses are aware of the United Nations Sustainable Development Goals (SDGs) and many are planning strategic partnerships targeting material goals, according to the Australian Centre for Corporate Social Responsibility (ACCSR)'s 8 th Annual ...