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Q&A with Pablo Berrutti on launch of Altiorem

RACHEL ALEMBAKIS  |  FRIDAY, 30 AUG 2019  |  NEWS
Pablo Berrutti is a senior investment specialist, Sustainable Funds Group, at Stewart Investors. He moved to his position earlier this year after working as head of responsible investment, Asia Pacific at Colonial First State Global Asset Management ...

Australia's green bond issuance tops $15 billion: Climate Bonds Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 30 AUG 2019  |  NEWS
Australia issued $15.6 billion in green bonds as of the end of June, yet there is a pipeline of more than 400 green infrastructure investment projects, according to the Climate Bonds Initiative. Sean Kidney, CEO, Climate Bonds Initiative The Climate ...

Consultation paper seeks comment on disclosure of SDGs

RACHEL ALEMBAKIS  |  FRIDAY, 30 AUG 2019  |  NEWS
The Association of Chartered Certified Accountants (ACCA), Chartered Accountants Australia and New Zealand (CA ANZ) and Institute of Chartered Accountants of Scotland (ICAS) have published a discussion paper with recommendation on disclosing for the ...

Companies increase ESG reporting, but "glaring gaps" remain: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 9 AUG 2019  |  NEWS
A greater number of ASX listed companies are providing more information around environmental, social and governance (ESG) material issues, but "glaring gaps" remain, particularly around workplace fatality statistics, according to research from the Australian ...

QIC Shopping Centre Fund issues $300m certified green bond

RACHEL ALEMBAKIS  |  FRIDAY, 9 AUG 2019  |  NEWS
The QIC Shopping Centre Fund (QSCF) has issued a AU$300 million Climate Bond-certified green bond. Sean Kidney, CEO, Climate Bonds Initiative Proceeds of the bond will fund capital expenditure associated with its asset development and sustainability ...

Regnan reports depth, impact of engagement in 2019

RACHEL ALEMBAKIS  |  FRIDAY, 2 AUG 2019  |  NEWS
Environmental, social, and governance (ESG) advisory specialist Regnan held engagements with 54 companies during the 2019 financial year, and reported that 88% of those engagements demonstrated progress. Alison Ewings, engagement program manager, Regnan ...

HNW, UHNW "do not deeply consider ESG issues": Crestone wealth report

RACHEL ALEMBAKIS  |  FRIDAY, 2 AUG 2019  |  NEWS
High net worth (HNW) and ultra high net worth (UHNW) individuals "do not deeply consider environmental, social or governance (ESG) issues in their investment decisions," according to the findings of the Crestone/CoreData 2019 State of Wealth Report. ...

HESTA allocates $20 million to affordable housing development

RACHEL ALEMBAKIS  |  FRIDAY, 2 AUG 2019  |  NEWS
HESTA has allocated $20 million to a Melbourne apartment development that will provide affordable housing for first time home buyers, affordable housing clients and those working in key community occupations. Michael Lynch, Michael Lynch, SVA Executive ...

CEFC reports $1.5 billion in new commitments for FY2019

RACHEL ALEMBAKIS  |  FRIDAY, 2 AUG 2019  |  NEWS
The Clean Energy Finance Corporation (CEFC) committed almost $1.5 billion in investments over the 2018-2019 financial year. Ian Learmonth, CEO, Clean Energy Finance Corporation The CEFC has issued an update on investment commitments in the past financial ...

Mitsubishi UFJ Trust and Banking completes CFSGAM purchase

RACHEL ALEMBAKIS  |  FRIDAY, 2 AUG 2019  |  NEWS
Mitsubishi UFJ Trust and Banking has completed its $4 billion purchase of Colonial First State Global Asset Management (CFSGAM). CFSGAM, which began in 1988, has funds under management of AU$318.4 billion. Mitsubishi is a subsidiary of Mitsubishi UFJ ...