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QIC invests $800m in Powering Australian Renewables Fund

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2016  |  NEWS
QIC has invested AU$800 million alongside AGL Energy in the Powering Australian Renewables Fund (PARF), a AU$2 -3 billion large-scale renewable energy fund. AGL's Broken Hill Solar Plant (photo courtesy AGL) QIC has invested the AU$800 million on behalf ...

New Zealand responsible investment tops NZ$78bn: RIAA

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2016  |  NEWS
More than NZ$78 billion of New Zealand's funds under management is being invested responsibly, according to Responsible Investment Association Australasia (RIAA). (graphic courtesy of RIAA) RIAA published the 2016 New Zealand Responsible Investment ...

Treasury Corporation of Victoria issues green bond

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUL 2016  |  NEWS
... and water treatment, TCV said. The But is rated AAA (negative outlook) by Standard & Poor's and Aaa (stable) by Moody's Investor Services. "TCV is pleased to be the first semi sovereign issuer in the world to issue a CBI certified Green Bond," said Bill ...

Victorian government chooses programs for social impact bonds

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUL 2016  |  NEWS
... 15 countries, with over 21 of these already reporting positive social outcomes and 4 projects that have fully repaid investor capital, Impact Investing Australia noted. Victoria becomes the fourth state in Australia to explore social impact bonds. NSW ...

WBCSD, CDSB, Ecodesk create Reporting Exchange

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUL 2016  |  NEWS
The World Business Council for Sustainable Development (WBCSD), the Climate Disclosure Standards Board (CDSB) and Ecodesk have created a free global sustainability reporting knowledge platform. The Reporting Exchange will " identify the reporting regulations ...

NAB finances third NSW social impact investment

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2016  |  NEWS
National Australia Bank will finance a New South Wales social impact investment to fund a program to reduce recidivism by parolees in that state. Daniel Madhavan, CEO, Impact Investing Australia The NSW state government issued the program, called On ...

Responsible investment AUM tops AU$630 billion: RIAA

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JUL 2016  |  NEWS
Nearly AU$633 billion of Australia's assets under management are being invested responsibly, according to the latest benchmark report from the Responsible Investment Association Australasia (RIAA). RIAA has published the Responsible Investment Benchmark ...

AXA IM hires Alix Chosson to responsible investment team

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JUL 2016  |  NEWS
AXA Investment Managers (AXA IM) has hired Alix Chosson to its responsible investment team. Matt Christensen, global head of responsible investment, AXA IM Chosson has been hired as energy fundamentals analyst, will be based in London and reports to ...

Climate-aligned bonds total US$694bn: Climate Bonds Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2016  |  NEWS
... while ANZ, NAB and Westpac have all issued Climate Bond Initiative-certified bonds. "It helps in Australia that the [Investor Group on Climate Change] is a board member of the project because it's a simple and clear investor demand signal," Kidney said. ...

Cbus signs Global Statement on Investor Obligations and Duties

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2016  |  NEWS
Cbus Super has signed the Global Statement on Investor Obligations and Duties, which explicitly links consideration of environmental, social and governance issues to fiduciary responsibility. The Principles for Responsible Investment (PRI), UNEP FI ...