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University of Sydney issues second impact investing report

RACHEL ALEMBAKIS  |  THURSDAY, 17 APR 2014  |  NEWS
A new study from the University of Sydney Business School concludes there is no legal barrier preventing trusts and foundations from pursuing impact investments, and finds that impact investing has to move past the stage of engaging with early adopters ...

Green Bond Principles jumps to 25 banking supporters

RACHEL ALEMBAKIS  |  THURSDAY, 17 APR 2014  |  NEWS
The Green Bond Principles - a set of voluntary guidelines on the development and issuance of green bond - nearly doubled its number of supporters to 25 and the International Capital Market Association (ICMA) has been appointed secretariat. The Green ...

Norton Rose Fulbright: trustees must consider climate change

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 APR 2014  |  NEWS
Superannuation fund trustees have a legal obligation to evaluate and appropriately respond to climate change risks in their funds' investment portfolios, according to Norton Rose Fulbright. Zein El Hassan, partner, Norton Rose Fulbright "Trustees should ...

European Parliament adopts standards for ESG disclosure

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 APR 2014  |  NEWS
The European Parliament has adopted a measure requiring large European companies to disclose environmental, social and governance information as part of their annual reporting. Internal Market and Services Commissioner Michel Barnier Companies with ...

Margaret River Winery installs SunPower solar system

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 APR 2014  |  NEWS
Watershed Premium Wines, a Margaret-River based winery, has installed a 149-kilowatt solar power system that the winery says will offset electricity use by 30%. Photo Courtesy of Watershed Winery Watershed had a SunPower solar power system installed ...

Investors say non-financials matter in investment decisions

RACHEL ALEMBAKIS  |  FRIDAY, 4 APR 2014  |  NEWS
Institutional investors around the world say that non-financial performance information "played a pivotal role" in investment decision making at least once in the past year, according to EY. EY's report, Tomorrow's investment rules, found that investors ...

PRI moving ahead with governance review, disclosure regime

RACHEL ALEMBAKIS  |  FRIDAY, 4 APR 2014  |  NEWS
Fiona Reynolds, managing director of the United Nations-affiliated Principles for Responsible Investment (PRI), has said that she would like to see the organisation's governance review process "done and dusted" by the end of 2014. Fiona Reynolds, UN ...

IIRC, GISR agree to collaborate on integrated standards

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 APR 2014  |  NEWS
The International Integrated Reporting Council (IIRC) and the Global Initiative for Sustainability Ratings (GISR) have agreed to work towards complementarity and compatibility in the ongoing development of their frameworks and standards. Paul Druckman ...

ESG integration into quantitative investment management

RACHEL ALEMBAKIS  |  FRIDAY, 28 MAR 2014  |  NEWS
There is a growing use of environmental and social factors as part of quantitative investment techniques in equity portfolios, with fund managers integrating ESG data to either screen out undesired stocks, or to create customised benchmarks that tilt ...

CEFC to provide $100m financing through Balmain Corporation

RACHEL ALEMBAKIS  |  FRIDAY, 28 MAR 2014  |  NEWS
The Clean Energy Finance Corporation (CEFC) is partnering with non-bank commercial loan manager Balmain Corporation to provide up to AU$100 million of debt finance to retrofit commercial properties. Oliver Yates, CEFC CEO The agreement with Balmain ...