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CFSGAM reports on responsible investment, stewardship

RACHEL ALEMBAKIS  |  FRIDAY, 11 APR 2014  |  NEWS
... effective equity investor stewardship," according to more than a third of people who attended the recent Colonial First State Global Asset Management (CFSGAM) Responsible Investment (RI) and Stewardship Forum in London. Will Oulton, head of responsible ...

Combining quality measures with ESG can yield higher returns

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 APR 2014  |  NEWS
... "significant excess return" to ESG portfolios, according to Northern Trust. Michael Hunstad, head of quantitative research global equity management, Northern Trust Northern Trust's quantitative research team has published a paper in which they integrate ...

Investors say non-financials matter in investment decisions

RACHEL ALEMBAKIS  |  FRIDAY, 4 APR 2014  |  NEWS
... concerns about the materiality of companies' non-financial - i.e. environmental, social and governance - disclosures. The global survey of 163 institutional investors was conducted by Institutional Investor magazine, on behalf of EY. The research results ...

Westpac signs on to Soft Commodities Compact

RACHEL ALEMBAKIS  |  FRIDAY, 4 APR 2014  |  NEWS
... first soft commodities targeted under the initiative. The Soft Commodities Compact is "an important step forward for the global banking sector", and aligns with Westpac' strategic priority to "help find solutions to environmental challenges," said Siobhan ...

IIRC, GISR agree to collaborate on integrated standards

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 APR 2014  |  NEWS
The International Integrated Reporting Council (IIRC) and the Global Initiative for Sustainability Ratings (GISR) have agreed to work towards complementarity and compatibility in the ongoing development of their frameworks and standards. Paul Druckman ...

GRESB launches 2014 survey

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 APR 2014  |  NEWS
The Global Real Estate Sustainability Benchmark (GRESB) has launched is 2014 survey, its fifth year of operation. In 2013, 550 property companies and funds, managing US$1.6 trillion in value, participated in the GRESB survey. The Global Real Estate ...

ASX includes ESG language in corporate governance guidance

RACHEL ALEMBAKIS  |  FRIDAY, 28 MAR 2014  |  NEWS
... environmental, social and broader economic issues on the financial bottom line" said Victoria Whitaker, head of Australia for the Global Reporting Initiative (GRI). In a joint statement with Sustainable Business Australia, GRI noted that by introducing ...

ESG integration into quantitative investment management

RACHEL ALEMBAKIS  |  FRIDAY, 28 MAR 2014  |  NEWS
... to integrating environmental, social and governance (ESG) factors into equity portfolios, both domestic Australian and global, is generally seen as either "enhanced passive" or active strategies, rather than purely passive index construction mandates ...

PRI finds limited disclosure of fracking activity, impacts

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 MAR 2014  |  NEWS
... production and servicing activity," PRI said. PRI commissioned AccountAbility to analyse the disclosure practices of 56 global listed companies with exposure to fracking activity. AccountAbility analysed the companies across 16 indicators in four key ...

Teachers Mutual Bank, NAB, Westpac top "most ethical" list

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 MAR 2014  |  NEWS
... ethics and governance. Teachers Mutual Bank, NAB and Westpac are the only three Australian companies on the list of 144 global companies. "We're honoured to be recognised at an international level by the Ethisphere Institute, and are proud to be punching ...