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oekom research: ESG ratings improve bond performance

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 OCT 2014  |  NEWS
Corporate bonds with better sustainability performance and ratings have a higher equity ratio, according to independent rating agency oekom research. oekom research has published a study, The importance of sustainability criteria in assessing the opportunities ...

APRA adds materiality to trustees' risk management declaration

RACHEL ALEMBAKIS  |  FRIDAY, 17 OCT 2014  |  NEWS
... the fossil fuel industry? That's a big call to make at this stage of the debate. However, attitudes and institutional investor sentiment can change quickly and that's when it becomes tricky." Given the level of divestment activity and discussion in Australia ...

CDP recognise ASX companies for climate action

RACHEL ALEMBAKIS  |  FRIDAY, 17 OCT 2014  |  NEWS
Six Australian companies have been named to CDP's Climate Performance Leadership Index 2014. CDP selected 187 companies globally that exhibit leadership through action to mitigate climate change, and found that as an index, those companies outperform ...

Corporate governance: moving to "owner relations" model

RACHEL ALEMBAKIS  |  FRIDAY, 3 OCT 2014  |  NEWS
... on the part of some companies in the understanding of how each should relate to other, characterised as a shift from "investor relations" to "owner relations." Judith Fox, director, policy, Governance Institute of Australia With superannuation funds ...

IGCC calls on PM to retain Renewable Energy Target

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 OCT 2014  |  NEWS
(Ed note: updates substantially with comment from Nathan Fabian of IGCC) The Investor Group on Climate Change (IGCC) has published an open letter to Prime Minister Tony Abbott, urging the federal government to maintain its previous support for the Renewable ...

Bloomberg named supporter of Natural Capital Declaration

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 OCT 2014  |  NEWS
Bloomberg has become an official supporter of the Natural Capital Declaration (NCD). NCD is a global initiative that affirms the importance of natural capital in maintaining a sustainable global economy. Natural capital is described as the planet's ...

SEFA finances three social enterprise projects

RACHEL ALEMBAKIS  |  FRIDAY, 26 SEP 2014  |  NEWS
... as is Triodos Bank. Community Sector Banking make referrals to us and we can leverage off their network. Another seed investor we have is the NSW Aboriginal Land Council, and again, we leverage off of their network."

Catholic Super makes case for global climate policies

RACHEL ALEMBAKIS  |  FRIDAY, 26 SEP 2014  |  NEWS
... contacts and associations we have to get a carbon price introduced." Pegan spoke from his perspective as chair of the Investor Group on Climate Change (IGCC), and on Catholic Super's responsible investment strategies at the discussion. "Critics complain ...

Mercer to analyse climate change portfolio risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 SEP 2014  |  NEWS
... return environment," she said. "Climate change is a part of that risk landscape and is coming on to the institutional investor radar. Sometimes a response to the topic is needed is as a result of immediate pressure to a fund's reputation through member ...

Investors commit to growing green bond market

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 SEP 2014  |  NEWS
... global market financing climate change solutions. Sean Kidney, Climate Bonds Initiative chair The signatories to the Investor Statement on Green Bonds and Climate Bonds announced their commitment in New York at the opening of the UN Climate Summit. The ...