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Is the electrical utility sector prepared for low-carbon economy?

RACHEL ALEMBAKIS  |  FRIDAY, 6 MAY 2016  |  NEWS
... Agreement, according to a global network of investors that have published a guide outlining the threats facing the sector and investor expectations. Emma Herd, CEO, IGCC The Institutional Investors Group on Climate Change (IIGCC) with support from investor ...

Materiality analysis helps define sustainability issues: GRI

RACHEL ALEMBAKIS  |  FRIDAY, 6 MAY 2016  |  NEWS
Investors and corporations agree that materiality analysis is important to define "the most important sustainability issues," according to research from the Global Reporting Initiative (GRI) and RobecoSAM. GRI and RobecoSAM have published Defining What ...

ESG integration continues to spread across Asia: Robeco

RACHEL ALEMBAKIS  |  FRIDAY, 29 APR 2016  |  NEWS
... Japanese companies have been picking up is paying more dividends, which has led to a big rerating of many companies." On the investor side, the introduction of the Stewardship Code has also seen an uptick in the number of Japanese investors that have ...

Tax transparency an ESG consideration for investors

RACHEL ALEMBAKIS  |  FRIDAY, 29 APR 2016  |  NEWS
Tax transparency is an issue for investor consideration as part of an overall environmental, social and governance (ESG) approaches, but the extent to which tax transparency is material depends on investment beliefs and investment approaches. Investors ...

Companies advised to stress test climate change scenarios

RACHEL ALEMBAKIS  |  FRIDAY, 22 APR 2016  |  NEWS
This week, representatives from Australia and more than 150 nations gathered in New York to sign off on the Paris Agreement. Even as governments around the world face calls to set policies and legislation to fulfil their commitments, there is also new ...

VicSuper establishes Climate Change Steering Committee

RACHEL ALEMBAKIS  |  FRIDAY, 22 APR 2016  |  NEWS
VicSuper has established a Climate Change and Investments Steering Committee, which will create the superannuation fund's strategy to manage climate change risk across their portfolio. The Climate Change and Investments Steering Committee is headed ...

FlexiGroup prices first green asset-backed security transaction

RACHEL ALEMBAKIS  |  FRIDAY, 22 APR 2016  |  NEWS
FlexiGroup, an ASX-listed financial services group, has priced AU$260 million in asset-based securities (ABS), including an AU$50 million green tranche, certified by the global Climate Bonds Initiative. The ABS is supported by a pool of Australian unsecured ...

New Forests launches ESG investment performance framework

RACHEL ALEMBAKIS  |  FRIDAY, 15 APR 2016  |  NEWS
New Forests, a private sustainable real assets investment manager, has implemented a new investment performance framework that will focus on productivity, ecosystem services, land use planning, shared prosperity, risk management, and governance. David ...

CEFC, Palisade Investment Partners launch infrastructure fund

RACHEL ALEMBAKIS  |  FRIDAY, 15 APR 2016  |  NEWS
... energy projects pursued under the strategy. Palisade is a specialist, independent infrastructure manage for institutional investor. The investment manager will build a portfolio of renewable energy projects that are larger than AU$1 billion, and will ...

ARENA makes six new appointments to board

RACHEL ALEMBAKIS  |  FRIDAY, 15 APR 2016  |  NEWS
Six new directors have been appointed to the Australian Renewable Energy Agency (ARENA) board. Environment Minister Mr Greg Hunt announced that Martijn Wilder AM, Susan Jeanes, Meg McDonald, Dr Katherine Woodthorpe, Maria Atkinson AM and Jonathan Jutsen ...