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Sustainable Stock Exchanges Initiative issues communication

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 APR 2015  |  NEWS
... internal stakeholders including the board of directors, senior leaders, and employees," said Gavin Power, deputy director, UN Global Compact. "Our partner exchanges are already using it to start an internal conversation about their role in sustainable ...

Northern Trust opens Australia/NZ asset management office

RACHEL ALEMBAKIS  |  FRIDAY, 17 APR 2015  |  NEWS
... Northern Trust World Custom ESG Equity Index Fund. In the Australia/NZ region, Northern Trust manages an AU$220 million global equities, ESG screened mandate for LUCRF Super as well as mandates for New Zealand Super. The firm has also had dialogue with ...

Utilities sector face material ESG issues: Sustainalytics

RACHEL ALEMBAKIS  |  FRIDAY, 17 APR 2015  |  NEWS
... third aspect is product sustainability, which, again, is both a threat and an opportunity. Sustainalytics found that the global installed capacity for grid-connected solar panels increased by 338% from 2009-2012, and also notes that "the traditional ...

Australian, NZ social enterprises top B Corp list

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 APR 2015  |  NEWS
Ten Australian companies that are certified B Corporations (B Corp) have been named global leaders for their contributions to community, workers and environment. B Corp has issued its annual Best for the World list, which recognises the top 10% of all ...

Abbot Point Port Expansion leads controversy list: RepRisk

RACHEL ALEMBAKIS  |  FRIDAY, 10 APR 2015  |  NEWS
... project was joint-third on the list. RepRisk cited impact on ecosystems and landscapes, waste issues, local pollution, global pollution and impacts on communities as the top ESG issues related to the project.The Abbot Point Port project would expand ...

bankmecu to participate in GABV bank investment fund

RACHEL ALEMBAKIS  |  THURSDAY, 2 APR 2015  |  NEWS
... fund that will provide values-based banks with capital to promote growth. Damien Walsh, bankmecu managing director The Global Alliance for Banking on Values (GABV), of which bankmecu is a member, has launched the Sustainability | Finance | Real Economies ...

Melbourne, Sydney join Carbon Neutral Cities Alliance

RACHEL ALEMBAKIS  |  THURSDAY, 2 APR 2015  |  NEWS
The City of Melbourne, the City of Sydney and 15 other international cities have launched the Carbon Neutral Cities Alliance. Lord Mayor Robert Doyle (photo courtesy City of Melbourne) The alliance is a collaboration committed to reducing greenhouse ...

Aust/NZ investors committed to ESG in alt investments: Mercer

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 APR 2015  |  NEWS
... Birgden, head of responsible investing for Asia Pacific at Mercer Mercer and LGT Capital Partners recently conducted a global survey of institutional investors to investigate their consideration of ESG criteria in alternative asset allocations. More ...

Climate Bonds Initiative looks to China's green bond market

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAR 2015  |  NEWS
The push to develop the global green bond market continues unabated, with the Climate Bonds Initiative launching a report aimed at establishing a green bond market in China, and KPMG International publishing a paper for potential green bond issuers. ...

Inflection Point CM to launch Carbon Zero fund

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAR 2015  |  NEWS
Inflection Point Capital Management will launch a Carbon Zero Global Equities long-only hedge fund in May. Matthew Kiernan, founder and chief executive, Inflection Point Capital Management The Carbon Zero Global Equities Fund will incorporate Inflection ...