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Urgent need for social impact metrics development

RACHEL ALEMBAKIS  |  FRIDAY, 18 MAR 2016  |  NEWS
There is a need to develop metrics to measure social impacts of impact investment in sectors such as affordable and social housing, healthcare, homelessness and vulnerable children and young adults among others, according to investment and governance ...

Controlled companies underperformed non-controlled firms: IRRCi

RACHEL ALEMBAKIS  |  FRIDAY, 18 MAR 2016  |  NEWS
... equity, and average CEO pay is significantly higher at controlled companies, according to a study commissioned by the Investor Responsibility Research Center Institute (IRRCi). The IIRCi study, Controlled Companies in the Standard & Poor's 1500: A Follow-up ...

GRESB launches Health and Well-being Module

RACHEL ALEMBAKIS  |  FRIDAY, 18 MAR 2016  |  NEWS
GRESB has launched the GRESB Health & Well-being Module, an optional supplement to the GRESB Real Estate Assessment. The GRESB Health and Well-being Module evaluates and benchmarks the actions by property companies and funds to " promote the health ...

Impact Investing Australia launches inaugural Australian survey

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAR 2016  |  NEWS
Active impact investors would like to triple their allocations over the next five years, and investors allocate towards impact areas related to children and young people and clean energy, according to Impact Investing Australia's inaugural impact investment ...

RIAA certifies three super funds as responsible investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 MAR 2016  |  NEWS
... decisions making," said Simon O'Connor, RIAA CEO. "It looks more broadly at how that organisation acts as a responsible investor in addition to its activities." The certification is a recognition of a fund's work, said Tim Macready, CIO of Christian ...

Agriculture, food and beverage pose ESG risks: Ausbil

RACHEL ALEMBAKIS  |  FRIDAY, 26 FEB 2016  |  NEWS
Companies in Australia's agriculture and food and beverage sectors may see new growth from increased demand in export markets via the new Australia-China free-trade agreement, but investors need to be mindful of potential risks including food safety ...

Australian Ethical FUM AU$1.4bn for second half of 2015

RACHEL ALEMBAKIS  |  FRIDAY, 26 FEB 2016  |  NEWS
Australian Ethical Investments has increased its group funds under management by 35% to AU$1.4 billion for the half year ending December 2015, and reported net inflows of AU$155 million, an increase of 102%, for the same time period. Phil Vernon, Australian ...

UCA Funds Management supports 30% women on boards target

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 FEB 2016  |  NEWS
UCA Funds Management will support the Australian Council of Superannuation Investors (ACSI)'s goal of seeing women comprise 30% of ASX200 board positions by 2018. Michael Walsh, UCA Funds Management The ethical fund manager will monitor the proportion ...

Impact Investing Australia launches guide to define social costs

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 FEB 2016  |  NEWS
Deloitte Access Economics in association with the Australian Advisory Board on Impact Investing have developed a guide to help the social services sector to define and understand the costs of social services. Rosemary Addis, chair of the Australian ...

ACSI, TIAA-CREF engage on "show of hands" AGM voting

RACHEL ALEMBAKIS  |  FRIDAY, 12 FEB 2016  |  NEWS
... Australian companies have moved from using "show of hands" voting to poll voting, a result welcomed by a global collaborative investor coalition that engaged with companies on the issue. Louise Davidson, ACSI CEO A group of large global institutional ...