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Swiss Re hedges wind risk for Infigen Energy wind farms

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2015  |  NEWS
Swiss Re Corporate Solutions has written a wind risk hedge for a portfolio of wind farms owned by Infigen Energy, covering six locations in three states and an excess of 500 megawatts of capacity. Jamie Summons, Swiss Re Corporate Solutions' Head of ...

Citywide make two board appointments

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 JUN 2015  |  NEWS
... Sculpture Biennale and president of Les Amities. Hardy is also an experienced non-executive director, and previously worked as global CEO of Aurecon, executive chairman at Connell Wagner, and executive director at GHD. He was recognised by Engineers ...

Decarbonising economy requires sophisticated investment

RACHEL ALEMBAKIS  |  FRIDAY, 19 JUN 2015  |  NEWS
... step towards decarbonising the world economy, and Australian Ethical Investment says achieving the stated goal of capping global temperature increases to 2 degrees C requires a "sophisticated, holistic approach in shifting the market off fossil fuels." ...

GRI defines four strategic goals to expand scope

RACHEL ALEMBAKIS  |  FRIDAY, 19 JUN 2015  |  NEWS
The Global Reporting Initiative (GRI) has developed four strategic priorities to expand its scope and "catalyse the next era of sustainability reporting" over the next five years. GRI has released an updated Global Reporting Initiative with four goals ...

BNP Paribas launches ESG reporting tool

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 JUN 2015  |  NEWS
... carbon, and how this exposure can impact on portfolios from the perspective of tracking error and market shifts akin to the global financial crisis, Gayer added. See Also: Role for custodian in ESG data analytics: BNP Paribas

CEFC invests $125 million in energy efficiency property trust

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 JUN 2015  |  NEWS
... Loans, a commitment of AU$70 million towards a $116 million solar PV Power Purchase Agreement (PPA) program delivered by global solar provider Sun Edison, up to $30 million to leverage up to $80 million in Environmental Upgrade Agreements, project finance ...

Experts warn of trustees' climate change litigation risk

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUN 2015  |  NEWS
... overall governance and investment processes. But there may be new urgency to the calls, influenced by the possibility of a global agreement to cap global warming and cut global emissions at the UN Climate Change Conference in Paris in December, and also ...

CDSB launches expanded reporting framework

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUN 2015  |  NEWS
... their annual reports. The framework was launched by former Swedish Finance Minister, Chair of the World Economic Forum's Global Financial System Initiative Anders Borg and Michael Izza, CEO of the Institute of Chartered Accountants in England and Wales. ...

Climate change impacts on investments "inevitable": Mercer

RACHEL ALEMBAKIS  |  FRIDAY, 5 JUN 2015  |  NEWS
... classes and industry sectors out to 2050, using four potential change scenarios and four climate risk factors - a rise in global temperature above pre-industrial era temperatures of 2C, 3C and two 4C scenarios, with different levels of potential physical ...

ANZ to partner with AWA in SE Asia program

RACHEL ALEMBAKIS  |  FRIDAY, 5 JUN 2015  |  NEWS
... Association (AWA) on water and wastewater management programs in South-East Asia. Christina Tonkin, ANZ managing director of global loans and advisory. The partnership will see AWA focus on "knowledge sharing, capacity building, trade and investment ...