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Canada adopts mining payment regime, Australia next?

RACHEL ALEMBAKIS  |  FRIDAY, 19 DEC 2014  |  NEWS
Canada has passed a payment disclosure standard for its listed mining companies, and Publish What you Pay Australia said this could influence Australia to adopt a similar regime here. Canada's Extractive Sector Transparency Measures Act will require ...

Asia investments in sustainable strategies hit US$44.9B: ASrIA

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 DEC 2014  |  NEWS
... managers but also for more mainstream asset managers. This is encouraging and we are hopeful that our initiative, the Asia Investor Group on Climate Change (AIGCC), has played a constructive role in pushing climate change up the investor agenda." Despite ...

Five investors join initiative to grow green bond market

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 DEC 2014  |  NEWS
Five new global investors have joined the Investor Statement on Green Bonds and Climate Bonds, calling on governments to grow the global green bond market. Sean Kidney, Climate Bonds Initiative chair Calvert Investments, Addenda Capital, F&C Investments ...

AMP Capital assesses ESG risks in food, beverage sector

RACHEL ALEMBAKIS  |  FRIDAY, 12 DEC 2014  |  NEWS
ASX-listed companies in the food and beverage sector are exposed to "relatively high" sustainability risks that overlap and interact, according to a review by AMP Capital. Mans Carlsson-Sweeny, AMP Capital The 37 companies that make up the ASX's food ...

Sustainable Melbourne Fund launches Solar Finance program

RACHEL ALEMBAKIS  |  FRIDAY, 12 DEC 2014  |  NEWS
Sustainable Melbourne Fund (SMF) is targeting business owners in a campaign to advise them of financing options for cost-effective solar installation. Scott Bocskay, CEO of the Sustainable Melbourne Fund SMF's Solar Finance program uses the established ...

KKR invests in Sundrop Farms expansion

RACHEL ALEMBAKIS  |  FRIDAY, 12 DEC 2014  |  NEWS
Kohlberg Kravis Roberts (KKR) has provided growth capital to Sundrop Farms, a South Australia-based arid climate agribusiness. The funding, which comes from KKR's Asian Fund II, will be used to "significantly expand" Sundrop Farms' glasshouse facility ...

Financial System Inquiry recommends on impact investment

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 DEC 2014  |  NEWS
The Financial System Inquiry final report has endorsed several methods to facilitate the development of the impact investment market in Australia. Ian Learmonth, executive director of impact investing, Social Ventures Australia The Financial System ...

Australian Ethical invests in NAB climate bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 DEC 2014  |  NEWS
... in a prime position to expand investment in the renewable energy sector. Australian Ethical is already a significant investor in renewable energy and energy efficiency but there is a real need for more public and private investment in these sectors," ...

NAB issues $150m green bond

RACHEL ALEMBAKIS  |  FRIDAY, 5 DEC 2014  |  NEWS
... the profile of the green bond asset class in Australia." The Clean Energy Finance Corporation (CEFC) is a cornerstone investor in the bond, committing up to AU$75 million to the investment. "The CEFC has committed to take a cornerstone investment position ...

ASX50 companies not making strategic case for sustainability

RACHEL ALEMBAKIS  |  FRIDAY, 5 DEC 2014  |  NEWS
... therefore included. There's work to be done there. There's work to be done within organisations to get risk managers, investor relations, secretaries, and sustainability directors working together and creating a common language to understand what role ...