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Investors call for affordable housing bonds, aggregating body

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2016  |  NEWS
Institutional investors have expressed support for a government-established intermediary aggregators to issue bonds to finance large scale affordable housing projects. Ian Learmonth, executive director of impact investing, Social Ventures Australia ...

Mirvac launches social return on investment framework

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2016  |  NEWS
Mirvac Group has developed a framework and tool to measure social return on investment (SROI) for the developments it builds, and has calculated that its residential communities save residents in reduced health costs and reduced crime. Sarah Breavington ...

Investors should measure climate risks: South Pole Group

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2016  |  NEWS
Investors should systematically measure climate risks for their investments as well as develop specific internal capabilities in the area of climate change, South Pole Group has recommended to the Senate Inquiry on Carbon Risk Disclosure. Max Horster ...

London Stock Exchange joins Climate Bonds Partnership Program

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2016  |  NEWS
London Stock Exchange Group (LSEG) has joined the Climate Bonds Partnership Program, the first global stock exchange to do so. LSEG incorporates a number of exchanges including London Stock Exchange, Borsa Italiana, FTSE Russell Indexes, MillenniumIT ...

UCA Funds Management publishes annual report

RACHEL ALEMBAKIS  |  FRIDAY, 1 APR 2016  |  NEWS
UCA Funds Management has completed the process to become a responsible entity and has registered two of their funds as managed investment schemes. Michael Walsh, UCA Funds Management UCA Funds Management completed the transition to responsible entity ...

Foresight Group hires Gary Sofarelli for Sydney office

RACHEL ALEMBAKIS  |  FRIDAY, 1 APR 2016  |  NEWS
Infrastructure investment manager and private equity manager Foresight Group has hired Gary Sofarelli to lead its Sydney-based office. The Clean Energy Finance Corporation (CEFC) provided an AU$100 million cornerstone investment to the Foresight Group's ...

Moree Solar Farm signs PPA with Origin Energy

RACHEL ALEMBAKIS  |  FRIDAY, 1 APR 2016  |  NEWS
Moree Solar Farm (MSF) has entered into a 15-year power purchase agreement with Origin Energy, covering 100% of the output from the 56 MW solar farm. Moree Solar Farm was developed by Fotowatio Renewable Ventures' (FRV) and is located in northern New ...

Community Sector Banking hires new CEO

RACHEL ALEMBAKIS  |  FRIDAY, 1 APR 2016  |  NEWS
Community Sector Banking has hired Andrew Cairns as its new CEO. Cairns comes to Community Sector Banking from the Bendigo and Adelaide Bank Group, where he worked for more than 15 years in roles including head - customer led connections, responsible ...

Demand exceeds supply in Australian green bond market

RACHEL ALEMBAKIS  |  THURSDAY, 24 MAR 2016  |  NEWS
The green bond/climate bond market is expected to continue strong growth in 2016, spurred on by commitments made in last year's COP21 Paris Agreement. Industry experts predict that Australia will also see issuance in 2016, but as in other regions, the ...

CHRB launches human rights methodology, pilot

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 MAR 2016  |  NEWS
The Corporate Human Rights Benchmark (CHRB) has launched its methodology and will rank the human rights performance of the top 100 companies globally in a pilot benchmark. The Corporate Human Rights Benchmark will focus on the largest companies in the ...