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ClimateWorks Australia: Australia can decarbonise by 2050

RACHEL ALEMBAKIS  |  FRIDAY, 3 OCT 2014  |  NEWS
Australia could achieve net zero carbon emissions by 2050 "without structural changes to the economy or lifestyle," according to recent research by ClimateWorks Australia and the Australian National University (ANU). The biggest changes needed to decarbonise ...

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 ...

SEFA finances three social enterprise projects

RACHEL ALEMBAKIS  |  FRIDAY, 26 SEP 2014  |  NEWS
Social Enterprise Finance Australia (SEFA) has made three new loans to social enterprises in Queensland and New South Wales, bringing their total loan book up to AU$7.5 million. Ben Gales, SEFA CEO The three loans were made to MiHaven Property Fund ...

Catholic Super makes case for global climate policies

RACHEL ALEMBAKIS  |  FRIDAY, 26 SEP 2014  |  NEWS
Among the attendees of the UN Climate Summit this week was Frank Pegan, CEO of 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 ...

SuperMIND calculates costs of mental illness, suicide

RACHEL ALEMBAKIS  |  FRIDAY, 26 SEP 2014  |  NEWS
Claims related to suicide cost 13 industry superannuation fund and their insurers more than AU$200 million between 2007-2011,according to SuperFriend, a not-for-profit mental health foundation. Shane Fielding, principal of group risk at IFS Insurance ...

Mercer to analyse climate change portfolio risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 SEP 2014  |  NEWS
Mercer is revisiting the topic of a 2011 study examining the strategic asset allocation implications of climate change scenarios, partnering with a group of institutional investors that manage more than US$1.5 trillion in assets under management. Helga ...

Investors commit to growing green bond market

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 SEP 2014  |  NEWS
A 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 ...

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
It is possible for institutional investors to reduce their portfolio carbon exposures without drastically increasing tracking error or reducing investment returns, according to MSCI. executive director, global head of ESG research, MSCI MSCI has recently ...

KPMG proposes framework to analyse externalities

RACHEL ALEMBAKIS  |  FRIDAY, 12 SEP 2014  |  NEWS
The disconnect between corporate and societal value is disappearing, and companies are recognising that externalities are part of how they create value, according to a new report from KPMG. Chi Woo, KPMG Australia partner KPMG has recently released ...