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Mining companies not adequately managing carbon risk: CDP

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 NOV 2015  |  NEWS
... concept of stranded assets." "This research is a canary in the coal mine for investors," says James Magness, CDP head of investor research. "It shows that the world's biggest mining companies, currently worth over US$329 billion, are unprepared for the ...

RIAA calls for actions to create responsible financial markets

RACHEL ALEMBAKIS  |  FRIDAY, 20 NOV 2015  |  NEWS
... broad array of measures out there, they sort of fit under these four categories - regulation and policy, we looked at investor tools and the way certain investor tools are set necessarily to prioritise the short over the long term, we look at culture ...

NZ Super publishes white paper on ESG beliefs

RACHEL ALEMBAKIS  |  FRIDAY, 20 NOV 2015  |  NEWS
... opportunities, and now we can do this because we believe it's going to be material." NZ Super notes that being a responsible investor implies that they "must behave as the owners of assets, rather than just investors in various securities." This leads ...

The price of climate change to impact portfolios: BlackRock

RACHEL ALEMBAKIS  |  FRIDAY, 20 NOV 2015  |  NEWS
... holistically, they manage the risks that come through and can use that to their benefit and create opportunities." There is investor momentum building behind mitigating climate risk, as well as mounting concerns about loss of capital and stranded assets. ...

ARENA receives 77 applications for $100m large scale PV

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 NOV 2015  |  NEWS
The Australian Renewable Energy Agency (ARENA) received 77 eligible expressions of interest (EOIs) for an AU$100 million large-scale solar photovoltaic (PV) competitive round. The round was announced on 9 September 2015, and was tailored to bring down ...

RIAA conference to discuss future of responsible investment

RACHEL ALEMBAKIS  |  FRIDAY, 13 NOV 2015  |  NEWS
With the uptake of responsible investment strategies and products, the next strategic stage for the responsible investment industry will be for managers, advisers and superannuation funds to engage strongly with consumers. Simon O'Connor, RIAA CEO This ...

CDP publishes Aust/NZ climate leaders report

RACHEL ALEMBAKIS  |  FRIDAY, 13 NOV 2015  |  NEWS
... companies, representing nearly 85% of the total market capitalisation of the ASX200, responded to CDP's climate change investor information request. CDP reported that Amcor, ANZ, Commonwealth Bank, Dexus Property Group, IAG, National Australia Bank ...

Cbus Super hires new investment manager - ESG

RACHEL ALEMBAKIS  |  FRIDAY, 13 NOV 2015  |  NEWS
Cbus Super has hired Nicole Bradford as investment manager - ESG. Bradford comes to Cbus from GE Capital - Asia Pacific, where she worked as environmental and social risk leader. In that role, she was responsible for "identifying, managing and monitoring ...

Investors look at corporate governance metrics: BNP Paribas

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 NOV 2015  |  NEWS
The interrelation of environmental and social with corporate governance practices has been brought to the fore, institutional investors have told BNP Paribas Securities Services. Madhu Gayer, head of Asia Pacific investment reporting and performance ...

WBCSD, CDSB, Ecodesk to develop The Reporting Exchange

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 NOV 2015  |  NEWS
The World Business Council for Sustainable Development (WBCSD), the Climate Disclosure Standards Board (CDSB) and Ecodesk are developing The Reporting Exchange, which will be a free global sustainability reporting knowledge platform. The Reporting Exchange ...