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PRI active on climate change, tax avoidance

RACHEL ALEMBAKIS  |  FRIDAY, 7 AUG 2015  |  NEWS
... companies in the lead-up to COP 21 as well as exchanging information and innovations amongst themselves. "We have the Investor Platform on Climate Action, and that's one way that we and other groups are collecting what investors are doing," she said. ...

UCA Funds Management select Northern Trust

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 AUG 2015  |  NEWS
... AU$970 million in funds. "UCA Funds Management's appointment of Northern Trust highlights and recognizes the increased investor protection that a trusted and experienced external custodian provides," said Michael Walsh, UCA Funds Management's chief executive ...

UCA Funds Management to convert funds to MIS

RACHEL ALEMBAKIS  |  FRIDAY, 31 JUL 2015  |  NEWS
... their members. UCA Funds Management presented an audience of clients with organisational progress as part of its annual investor briefing in Melbourne. UCA Funds Management will re-register two of its funds - the Development Fund and the Uniting Growth ...

ESG concerns a challenge for mining projects: MSCI

RACHEL ALEMBAKIS  |  FRIDAY, 31 JUL 2015  |  NEWS
... travelling to Gladstone in April 2014 with the Responsible Investment Association of Australasia (RIAA) as part of an investor delegation. The group spoke with rail and extractive companies, environmental groups, local council and Chamber of Commerce ...

NCD launches Soft Commodities Forest-risk Assessment Tool

RACHEL ALEMBAKIS  |  FRIDAY, 31 JUL 2015  |  NEWS
... Environment Programme (UNEP). The Natural Capital Declaration and UNEP conducted a study of 30 financial institutions, Bank and Investor Risk Policies for Soft Commodities, and highlighted the polices that banks and investors can adopt to mitigate deforestation ...

Super boards can add value with ESG focus: BNP Paribas

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUL 2015  |  NEWS
Superannuation boards can add value by reflecting the demographics of membership at large, and by focusing on environmental, social and governance (ESG) issues, according to a survey of the superannuation industry. BNP Paribas Securities Services and ...

Investors consider corporate pay links to climate change goals

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUL 2015  |  NEWS
As institutional shareholders continue to engage with listed mining companies over risks like climate change and stranded assets, linking executive remuneration to achievements such as reserve replacement is one tool that is coming into consideration. ...

ACSI calls for better ASX disclosure of mental health and safety

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUL 2015  |  NEWS
More than 90% of ASX200 financial companies and 75% of mining and utilities companies have commitments to workplace mental health and safety, but barely one third publicly disclose information on the effectiveness of those programs, according to research ...

CDP, South Pole Group to conduct water security assessment

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 JUL 2015  |  NEWS
South Pole Group and CDP will conduct a global assessment of how 700 of the world's largest companies manage water security risks. Cate Lamb, head of CDP's water program CDP has created a public scoring methodology to evaluate and benchmark corporate ...

Queensland commits $3m to social benefit bond pilot

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUL 2015  |  NEWS
The Queensland state government has allocated AU$3 million to develop a pilot social benefit bond program in its budget this week. Daniel Madhavan, CEO, Impact Investing Australia Queensland Treasury will be allocated AU$2 million over two years to ...