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Companies inconsistent in approach to deforestation risks: CDP

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 NOV 2014  |  NEWS
Companies are "inconsistent in recognising risks and taking action"on deforestation risks from major agricultural commodities in their supply chain, according to CDP. Katie McCoy, head of forests, CDP While more than 90% of companies see opportunities ...

Investors apply ethical screens to cash management

RACHEL ALEMBAKIS  |  FRIDAY, 7 NOV 2014  |  NEWS
It was the Romans who said pecunia non olet, but from an ethical investment perspective, that no longer holds true. Ethical cash management has emerged as an issue in the push for institutional investors to divest from assets that are carbon emissions-intensive ...

CEFC allocates more than AU$930m in first full year

RACHEL ALEMBAKIS  |  FRIDAY, 7 NOV 2014  |  NEWS
The Clean Energy Finance Corporation (CEFC) has allocated investment of more than AU$930 million dollars in projects with total value of over AU$3.2 billion in its first full year of investing. Oliver Yates, Clean Energy Finance Corporation (CEFC) CEO ...

Climate Bond Standard to establish water investment criteria

RACHEL ALEMBAKIS  |  FRIDAY, 7 NOV 2014  |  NEWS
A Climate Bonds Expert Working Group is developing criteria for water investments that can be used to back green and climate bonds certified under the Climate Bond Standard. Sean Kidney, Climate Bonds Initiative chair The working group was brought together ...

Role for custodian in ESG data analytics: BNP Paribas

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 NOV 2014  |  NEWS
Institutional investors throughout Asia are taking environmental, social and governance (ESG) factors into account in their investment portfolios, and custodian BNP Paribas Securities Services are providing data analytical services to assist clients ...

CDSB publishes final draft of expanded framework

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 NOV 2014  |  NEWS
The Climate Disclosure Standards Board (CDSB) has released the final draft of its expanded reporting framework. The new CDSB framework will be launched in March 2015. This second, draft version of the standard incorporates comment provided to the initial ...

Interest in green, social bonds continuing: JPMorgan Chase

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 OCT 2014  |  NEWS
While both supply and demand for "green", climate themed bonds will continue to grow from Australian institutional investors, there is also increased attention being paid to social benefit bonds as well, according to JPMorgan Chase. Marilyn Ceci, managing ...

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 ...

Lonsec: responsible investment equity funds outperform

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 OCT 2014  |  NEWS
Responsible investment Australian equity funds outperformed the ASX300 index and the Australian equity peer group over one and three year time periods, according to researcher Lonsec. Steven Sweeney, senior investment analyst, Lonsec Lonsec released ...

Impact Investing Australia hires Daniel Madhavan

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 OCT 2014  |  NEWS
Impact Investing Australia has hired Daniel Madhavan to the newly created role of chief executive officer. Daniel Madhavan, CEO, Impact Investing Australia Madhavan comes to Impact Investing Australia from JBWere, where he worked for 12 years in a range ...