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APRA calls for stress-testing of climate change risks in regulated entities

RACHEL ALEMBAKIS  |  FRIDAY, 17 FEB 2017  |  NEWS
... seems a pretty reasonable indicator there might be something wrong with the process," he said. "Similarly, if you're an investor and you're not already asking questions about how the companies you invest in approach these issues - perhaps you should ...

SVA launches South Australian homelessness social impact bond

RACHEL ALEMBAKIS  |  FRIDAY, 17 FEB 2017  |  NEWS
... training, pathways to employment and life skills development," according to SVA. Under the target scenario, the estimated investor return is 8.5% per annum over the 7.75 year term of the SIB, SVA said in investor information. "We see ourselves as a leading ...

Government issues discussion paper on social impact investing market

RACHEL ALEMBAKIS  |  FRIDAY, 17 FEB 2017  |  NEWS
... pointed to changes, such as whether private ancillary funds (PAF) meet the legal test of a "sophisticated or professional investor" as outlined in the Corporations Act of 2001. PAFs - funds for philanthropic investment - could potentially be excluded ...

UCA Funds Management continues online gambling engagement

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2017  |  NEWS
UCA Funds Management is reiterating its call to Australia's big four banks to eliminate the use of its credit cards for the operation of online gambling accounts. Michael Walsh, UCA Funds Management Recently, the Australian Bankers' Association (ABA) ...

CEFC invests $75m in new Palisade Investment Partners fund

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2017  |  NEWS
The Clean Energy Finance Corporation (CEFC) has committed AU$75million as cornerstone investor into a new specialist renewable energy fund managed by Palisade Investment Partners. The Palisade Renewable Energy Fund (PREF) is seeking to invest as much ...

Vigeo Eiris upgrades three US companies on human rights criteria

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2017  |  NEWS
Corporate social responsibility rating agency Vigeo Eiris has issued a positive alert and upgraded three American companies for their decision to take legal action against US President Donald Trump's executive order banning people from seven countries ...

Principles for Responsible Investment discuss agenda for 2017

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2017  |  NEWS
The Principles for Responsible Investment (PRI) will this year issue a new blueprint for responsible investment globally, while deepening the engagement in Australia and New Zealand via its first full-time staff member. Fiona Reynolds, managing director ...

Australian Ethical Investments join Principles for Positive Impact Finance

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2017  |  NEWS
... more specific processes around measurement and verification, said Stuart Palmer, head of Ethics at Australian Ethical Investor. "I think one strength is the holistic approach it takes," Palmer said. "It looks beyond the green/impact credentials being ...

Bribery and corruption cited as sustainability engagement theme for 2017

RACHEL ALEMBAKIS  |  FRIDAY, 27 JAN 2017  |  NEWS
Bribery, corruption, and pushing for increased corporate transparency are themes cited by sustainability and engagement specialists as key themes for 2017. Susheela Peres da Costa, deputy managing director, Regnan - Governance Research & Engagement ...

Investment professionals identify key ESG themes for 2017

RACHEL ALEMBAKIS  |  FRIDAY, 27 JAN 2017  |  NEWS
... on the issue should also become clear this year. The interaction between US and global climate policy, and company and investor responses are likely to be highly significant." The global setting for climate change policy appears to be accelerating, Credit ...