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IGCC calls on PM to retain Renewable Energy Target

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 OCT 2014  |  NEWS
(Ed note: updates substantially with comment from Nathan Fabian of IGCC) The Investor Group on Climate Change (IGCC) has published an open letter to Prime Minister Tony Abbott, urging the federal government to maintain its previous support for the Renewable ...

Bloomberg named supporter of Natural Capital Declaration

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 OCT 2014  |  NEWS
Bloomberg has become an official supporter of the Natural Capital Declaration (NCD). NCD is a global initiative that affirms the importance of natural capital in maintaining a sustainable global economy. Natural capital is described as the planet's ...

Catholic Super makes case for global climate policies

RACHEL ALEMBAKIS  |  FRIDAY, 26 SEP 2014  |  NEWS
... Catholic Super, who spoke at a panel discussion to make the case for "bold and consistent" climate policies to facilitate global investment. Frank Pegan (far right), CEO of Catholic Super speaks at a press conference earlier this week at the UN Climate ...

Investors commit to growing green bond market

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 SEP 2014  |  NEWS
... coalition of investors representing more than US$2 trillion in assets under management have committed to expanding the global market financing climate change solutions. Sean Kidney, Climate Bonds Initiative chair The signatories to the Investor Statement ...

Advisory Board's bold strategy to increase impact investing

RACHEL ALEMBAKIS  |  FRIDAY, 19 SEP 2014  |  NEWS
... impact investing in Australia will take leadership, action, and policy, according to an Australian report contributing to a global project to increase capacity in the market. graphic courtesy of Impact Investing Australia In conjunction with the report's ...

AXA IM launches ESG SmartBeta fund in Australia

RACHEL ALEMBAKIS  |  FRIDAY, 19 SEP 2014  |  NEWS
... Wealth Accountants (FIWA). The fund's strategy has been developed by AXA Rosenberg, the quantitative investment arm of the global AXA IM group, and integrates environmental, social and governance data from AXA IM's responsible investment team. AXA IM ...

Sustainalytics hires Cheryl Gustitus

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 SEP 2014  |  NEWS
Sustainalytics has hired Cheryl Gustitus to head global marketing and to lead strategic initiatives. Gustitus comes to Sustainalytics from GMI Ratings, where she was chief marketing officer. Prior to that, she worked for nearly 10 years with Institutional ...

MSCI assesses future carbon exposure

RACHEL ALEMBAKIS  |  FRIDAY, 12 SEP 2014  |  NEWS
... exposures without drastically increasing tracking error or reducing investment returns, according to MSCI. executive director, global head of ESG research, MSCI MSCI has recently launched its ESG CarbonMetrics, a suite of carbon and fossil fuel metrics ...

KPMG proposes framework to analyse externalities

RACHEL ALEMBAKIS  |  FRIDAY, 12 SEP 2014  |  NEWS
... and sustainability practice. "This is in part due to the interconnectedness of issues and the volatility in the local and global economy we have seen in the past decade. There is a greater appreciation of the benefits of scanning the business environment ...

AMP Capital reviews corporate governance activities

RACHEL ALEMBAKIS  |  FRIDAY, 12 SEP 2014  |  NEWS
... report focused on how the globalisation of financial markets, its impact on the development and beginnings of convergence in global governance practices, and how AMP Capital approaches engagement with companies based on these trend. "The globalisation ...