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Treasury Corporation of Victoria issues green bond

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUL 2016  |  NEWS
... Australian dollar green bond by an Australian government authority. The 1.75% 27 July 20121 TCV Green Bond proceeds will fund a portfolio of state investments in energy efficiency, reneable energy, public transport and water treatment, TCV said. The ...

Victorian government chooses programs for social impact bonds

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUL 2016  |  NEWS
The Victorian state government will fund programs dealing with drug and alcohol treatment and young people transitioning from Out of Home Care as the focus of its first two social impact bonds (SIBs). Victorian Treasurer Tim Pallas The Victorian government ...

WBCSD, CDSB, Ecodesk create Reporting Exchange

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUL 2016  |  NEWS
The World Business Council for Sustainable Development (WBCSD), the Climate Disclosure Standards Board (CDSB) and Ecodesk have created a free global sustainability reporting knowledge platform. The Reporting Exchange will " identify the reporting regulations ...

NAB finances third NSW social impact investment

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2016  |  NEWS
National Australia Bank will finance a New South Wales social impact investment to fund a program to reduce recidivism by parolees in that state. Daniel Madhavan, CEO, Impact Investing Australia The NSW state government issued the program, called On ...

Mirvac partners with YWCA NSW for social enterprise HQ cafe

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2016  |  NEWS
... not only bring to life a high quality commercial offering that will deliver a premium service to Mirvac staff, but also to fund services that help and protect women and children threatened with domestic violence across the state." YWCA NSW is "undergoing ...

Responsible investment AUM tops AU$630 billion: RIAA

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JUL 2016  |  NEWS
Nearly AU$633 billion of Australia's assets under management are being invested responsibly, according to the latest benchmark report from the Responsible Investment Association Australasia (RIAA). RIAA has published the Responsible Investment Benchmark ...

AXA IM hires Alix Chosson to responsible investment team

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JUL 2016  |  NEWS
AXA Investment Managers (AXA IM) has hired Alix Chosson to its responsible investment team. Matt Christensen, global head of responsible investment, AXA IM Chosson has been hired as energy fundamentals analyst, will be based in London and reports to ...

Stakeholders assess ESG policy priorities for Parliament

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2016  |  NEWS
... enabler." Impact Investing Australia is seeking funding for Impact Capital Australia, an AU$300 million co-investment vehicle to fund innovation in community and social programs. Impact Investing Australia made a pre-budget submission on the topic as ...

Cbus signs Global Statement on Investor Obligations and Duties

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2016  |  NEWS
Cbus Super has signed the Global Statement on Investor Obligations and Duties, which explicitly links consideration of environmental, social and governance issues to fiduciary responsibility. The Principles for Responsible Investment (PRI), UNEP FI ...

Investors seeking ESG themes, factors in fixed income portfolios

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2016  |  NEWS
... governance (ESG) considerations into fixed income portfolios and funds on the retail and institutional side in Australia, but fund managers find that while retail investment in ESG and ethical bonds funds is growing, institutional investors are still ...