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Retailers could save $1bn pa with investment in energy efficiency

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 JUL 2011  |  NEWS
The retail industry could save up to AU$1bn annually by 2020 if they made a focused investment in energy efficient initiatives such as lighting and temperature control, according to a study by National Australia Bank and ClimateWorks Australia. Low ...

Colonial First State Global Asset Management reports on responsible investment

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2011  |  NEWS
Colonial First State Global Asset Management (CFSGAM) has urged the financial services industry to put greater emphasis on pricing ESG issues into investment decisions while releasing a report into their own 2010 responsible investment decisions. Amanda ...

Benchmarking superannuation funds' sustainability performance

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2011  |  NEWS
Much work is being performed around the world and in Australia by investors, collaborate bodies and financial services firms to seek frameworks with commonly accepted metrics to benchmark companies' sustainability performances with the ultimate goal ...

ASIC urges additional executive remuneration disclosures

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2011  |  NEWS
... made to a member of the key management personnel must also be reported in the remuneration report. Under the Corporations Act, listed companies are required to publish annually in the remuneration report section of the director's report for the financial ...

Mercer: providing education and intervention on ESG

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 JUN 2011  |  NEWS
Bringing ESG risk/reward considerations to institutional investors such as superannuation funds is a matter of "intervention" and education for investment consultant Mercer, which has a specialist ESG team that produces research and develops strategies ...

The impact of universal owners on sustainable investing

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2011  |  NEWS
Large asset owners that own a slice of country's economy and market through their portfolios are exposed to environmental, social and governance (ESG) factors that might impact long-term value, but they have the ability to use that economic and financial ...

MSCI launches ESG platform

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2011  |  NEWS
MSCI has launched MSCI ESG Manager, a platform to assist asset managers and owners with managing research, analysis and compliance tasks across a range of ESG factors. MSCI is also introducing MSCI ESG Impact Monitor, a product that allows investors ...

ICMM releases climate change policy paper

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 JUN 2011  |  NEWS
The International Council on Mining and Metals (ICMM) has released a paper calling for clear policies for a "predictable, measured transition to a long term price on greenhouse gas emissions" while recognising the mining industry's role in developing ...

Catholic Super hires investment manager for sustainability

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUN 2011  |  NEWS
Catholic Super has hired Danyelle Guyatt, currently global head of research for Mercer's responsible investment practice, as the AU$4.16bn fund's investment manager. As part of her role, Guyatt will be responsible for designing and implementing a responsible ...

Ceres, Tellus Institute to design sustainability ratings standard

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUN 2011  |  NEWS
... more evident every day, it's time to build a ratings system that distinguishes between those companies that clearly see and act upon sustainability opportunities and risks and those that don't."