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Early stages for ESG-factor investing: Northern Trust

RACHEL ALEMBAKIS  |  FRIDAY, 19 JUN 2015  |  NEWS
... engineered equity over the last couple of years, and I really think we're still in early stages of adoption on both from the investor perspective," Bowers said. "I still think there are some significant pockets of sophisticated investors that are at ...

Decarbonising economy requires sophisticated investment

RACHEL ALEMBAKIS  |  FRIDAY, 19 JUN 2015  |  NEWS
Divesting from the worst emitting fossil fuels is only one step towards decarbonising the world economy, and Australian Ethical Investment says achieving the stated goal of capping global temperature increases to 2 degrees C requires a "sophisticated ...

CEFC invests $125 million in energy efficiency property trust

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 JUN 2015  |  NEWS
... same time, upgraded buildings require lower capital expenditure and have lower vacancy rates." CEFC is a cornerstone investor in the trust, and the investment is a first for the CEFC. There is demonstrated demand for higher-performing commercial office ...

Experts warn of trustees' climate change litigation risk

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUN 2015  |  NEWS
Legal and investment experts have been advising superannuation fund trustees that they have an obligation to include evaluation of climate change risk in their overall governance and investment processes. But there may be new urgency to the calls, influenced ...

CDSB launches expanded reporting framework

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUN 2015  |  NEWS
... the CDSB Framework is that fully actionable environmental and natural capital information is reported by companies for investor, trustee, director and manager decision making. The Framework represents a major step in the direction of internalizing environmental ...

Climate change impacts on investments "inevitable": Mercer

RACHEL ALEMBAKIS  |  FRIDAY, 5 JUN 2015  |  NEWS
... analyse differing studies, data and views. However we have undertaken sector analysis in this study as it is important to investor outcomes." Impacts to asset class returns could also be material, and vary widely depending on the climate change scenario. ...

GRESB issues real estate green bond guidelines

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 JUN 2015  |  NEWS
The Global Real Estate Sustainability Benchmark (GRESB) has released Green Bond Guidelines for the Real Estate Sector. The Green Bond Guidelines complement the Green Bond Principles with sector-specific guidance for origination or investment in green ...

ANZ issues $600m green bond

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAY 2015  |  NEWS
... bond, more than double the usual number of investors for a deal of this size, White said. "We certainly had a lot more investor interest, in a combination of existing investors as well as new investors," White said. "The new investors tended to be ESG ...

NFPs must align investments with mission: Koda Capital

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAY 2015  |  NEWS
Non-profits should reconsider the role of cash investments in their endowment portfolios and align their investment strategy with the mission of the non-profit, according to Koda Capital. David Knowles, partner, head of philanthropy and social capital ...

LGS joins Portfolio Decarbonization Coalition

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 MAY 2015  |  NEWS
Local Government Super has joined the Portfolio Decarbonization Coalition (PDC), becoming the third Australian institution to commit to the initiative. LGS CEO Peter Lambert PDC signatories commit to decarbonise their portfolios, and was co-founded ...