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Taiwan Bureau of Labor Funds selects FTSE4Good for ESG passive mandate

RACHEL ALEMBAKIS  |  FRIDAY, 16 FEB 2018  |  NEWS
... FTSE4Good's TIP Taiwan ESG index for a US$1.4 billion mandate. BLF has issued a five year passive mandate and is the first fund to use the FTSE4 Good TIP Taiwan ESG index. The FTSE4Good TIP Taiwan ESG Index was launched in December 2017 and was developed ...

Peering into the sustainability crystal ball for 2018 - what lies ahead?

RACHEL ALEMBAKIS  |  FRIDAY, 2 FEB 2018  |  NEWS
... spot" for companies, Bell said. Investors are also focusing on the SDGs, both in external engagements with companies and fund managers, but also internally, Davidson added. "We've seen quite a lot of interest in the SDGs, grappling with how to make a ...

BetaShares sees increased demand for "true to label" ethical products

RACHEL ALEMBAKIS  |  FRIDAY, 2 FEB 2018  |  NEWS
... true to label in terms of the values. What we mean by that is when we talk about fossil fuels, the approach we take in the fund is that the fund is managed as a fossil fuel free fund. There is no threshold in terms of 10% or 20%. It's a hard no. We exclude ...

ACSI, CareSuper announce nominations for Michael O'Sullivan ESG Rising Star Award

RACHEL ALEMBAKIS  |  FRIDAY, 2 FEB 2018  |  NEWS
... Annual Conference. The award is valued at up to $10,000. "Michael advocated passionately to improve investment outcomes for fund members and the community generally through sustainable thinking and action," CareSuper Chair Cate Wood said. "He was a leader ...

Thorn agrees to ASIC undertaking for refunds, write-offs for goods leases

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2018  |  NEWS
The Australian Securities and Investment Commission (ASIC) has announced regulatory outcomes against Thorn's consumer leasing businesses Radio Rentals, RR and Rentlo Reinvented that will see millions in dollars of refunds and write-offs of fees to consumers. ...

Vision Super publishes Corporate Responsibility report

RACHEL ALEMBAKIS  |  FRIDAY, 19 JAN 2018  |  NEWS
... shareholder resolutions on these issues in 2018, but Wyrsch also noted the value of engagement through the year as a tool for the fund. Vision Super has also focused on the carbon intensity of its equities portfolio. The fund benchmarked its portfolio ...

PRI publishes guide on responsible investment in infrastructure

RACHEL ALEMBAKIS  |  FRIDAY, 19 JAN 2018  |  NEWS
... UN-supported PRI's six Principles to infrastructure investment," said Andrew Major, general manager unlisted assets at HESTA Super Fund, and co-chair of the Infrastructure Advisory Committee. "It is designed to improve the understanding of responsible ...

Victorian government launches first social impact bond

RACHEL ALEMBAKIS  |  FRIDAY, 22 DEC 2017  |  NEWS
... Housing, Disability and Ageing Martin Foley The Andrews Labor government has this week launched the J2SI SIB, which will fund the expansion of Sacred Heart Mission's Journey to Social Inclusion (J2SI) program. The J2SI program supports participants in ...

New Forests to sell carbon credits via Emissions Reduction Fund

RACHEL ALEMBAKIS  |  FRIDAY, 22 DEC 2017  |  NEWS
... portfolio company Forico and CO2 Australia will sell carbon credits to the Australian government via the Emissions Reduction Fund (ERF). David Brand, New Forests CEO The federal government recently approved a plantation forestry method under the ERF ...

SVA Diversified Impact Fund receives more than $10m in funding

RACHEL ALEMBAKIS  |  FRIDAY, 22 DEC 2017  |  NEWS
Social Ventures Australia's recently launched SVA Diversified Impact Fund has reached first close ahead of its end-of-year deadline, and has received commitments exceeding its $10 million minimum size. Alex Oppes, director, impact investing at SVA The ...