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Experts discuss impact of Taskforce on Climate-related Financial Disclosures guidelines

RACHEL ALEMBAKIS  |  FRIDAY, 7 APR 2017  |  NEWS
In the wake of public statements by the Australian Prudential Regulation Agency (APRA) regarding stress testing of climate risks by regulated entities, and give the consultation process to develop the draft recommendations by the Taskforce on Climate-related ...

Chart: CDP assessment of APRA-regulated entities' climate disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 7 APR 2017  |  NEWS
As APRA regulated entities digest the implications of Geoff Summerhayes' recent speech, The Sustainability Report asked CDP for the scores of ASX-listed companies in the financial sector as a means to determine which companies are publicly disclosing ...

Majority of APAC investors have an ESG investment framework: State Street

RACHEL ALEMBAKIS  |  FRIDAY, 7 APR 2017  |  NEWS
Nearly three quarters of Asia-Pacific based institutional investors participating in a State Street survey say that they are implementing an environmental, social and governance (ESG) framework in their investment process. Kastrapeli, vice president ...

AMP Capital on value of non-financial performance measures

RACHEL ALEMBAKIS  |  FRIDAY, 31 MAR 2017  |  NEWS
Non-financial performance measures such as safety, employee engagement and customer satisfaction can be as important as financial performance measures in setting hurdles to encourage companies to deliver strong financial results, according to AMP Capital. ...

Global sustainable, responsible, impact assets hit $22tr: GSIA

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 MAR 2017  |  NEWS
Global sustainable, responsible and impact (SRI) investment assets reached US$22.89 trillion as of the beginning of 2016, including $516 billion in assets from Australia/New Zealand, according to the 2016 Global Sustainable Investment Review (GSIA). ...

Commonwealth Bank issues $650 million climate bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 MAR 2017  |  NEWS
... University's $218 million USPP climate bond. Commonwealth Bank sees future growth for green bonds and assets. "Increasing investor awareness and sophistication will fuel demand for climate bonds, and based on the strong pipeline for renewable and low-carbon ...

Video: Aligning Your Investments with the Sustainable Development Goals

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2017  |  NEWS
The United Nations 2030 Agenda for Sustainable Development, launched in 2015, aims to end poverty, protect the planet and ensure prosperity worldwide via the 17 Sustainable Development Goals (SDGs). This initiated a new wave of thinking about Environmental ...

NAB raises $500m for first ever gender equality social bond

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2017  |  NEWS
The National Australia Bank (NAB) has raised $500 million for the first ever social bond focusing on gender equality, at the upper end of the book build, the bank said. Steve Lambert, executive general manager of capital financing, NAB The NAB Social ...

Remerga launches Emerging Markets Sustainable Leaders Fund

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2017  |  NEWS
Specialist emerging markets investment manager Remerga is launching its first fund, the Emerging Markets Sustainable Leaders Fund. The fund will offer Australian investors access to a concentrated portfolio of stocks in emerging markets including South ...

Queensland Treasury Corporation issues $750m green bond

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2017  |  NEWS
... date. The bonds are guaranteed by the Queensland state government and has a AA+/Aa1 by Standard & Poor's and Moody's Investor Services respectively, according to QTC. The proceeds from the 15 March issuance will go towards projects and assets from the ...