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Carnegie Wave Energy installs first CETO 5 unit

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 NOV 2014  |  NEWS
Carnegie Wave Energy has successfully installed and operated its first CETO 5 wave energy unit at its Perth Wave Energy project site in Western Australia. Carnegie reported that the CETO 5 unit has been operating for "a little over a week" and that ...

Montreal Carbon Pledge a building block: Cbus' Atkin

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 NOV 2014  |  NEWS
... on strategic asset allocation. "Its' a vexed question," Atkin said. "Transparency is a motherhood issue. But from an investor's point of view, it is a competitive marketplace and information is an important commercial consideration here. In terms of ...

Boards more diverse, but ACSI calls for more "skin in the game"

RACHEL ALEMBAKIS  |  FRIDAY, 14 NOV 2014  |  NEWS
More than 11% of ASX200 non-executive board positions are held by directors who own no shares in the company, which the Australian Council of Superannuation Investors (ACSI) says goes counter to ACSI's expectation that directors will have "skin in the ...

Too few companies performing water risks assessment: CDP

RACHEL ALEMBAKIS  |  FRIDAY, 14 NOV 2014  |  NEWS
... new questions within the water questionnaire this year," Lamb said. "We refined the questionnaire in 2013, to capture investor-specific issues. As a result, some companies find themselves in a position where they can't provide us with all of the questions ...

Barclays, MSCI launch green bond index series

RACHEL ALEMBAKIS  |  FRIDAY, 14 NOV 2014  |  NEWS
Barclays and MSCI have launched their green bond index series, the new addition to their environmental, social and governance (ESG) fixed income indexes. Eligibility for the green bond index series is based on a four-factor assessment - use of proceeds ...

AXA IM to offer impact investing fund of funds

RACHEL ALEMBAKIS  |  FRIDAY, 14 NOV 2014  |  NEWS
AXA Investment Managers (AXA IM) will offer its impact investing fund of funds strategy to external investors. Matt Christensen, global head of responsible investment, AXA IM Last year, AXA IM's global Responsible Investment team began working with ...

Demand for responsible investments a call to action: RIAA

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 NOV 2014  |  NEWS
... will address major issues such as the movement pushing fossil divestment and considerations of climate-related risks, investor collaboration around corporate engagement issues and the growing interest in impact investment as a theme, O'Connor said. The ...

Companies inconsistent in approach to deforestation risks: CDP

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 NOV 2014  |  NEWS
... need to be able to get some of the smaller players to get certified." There has been a 30% increase in the number of investor signatories demanding companies disclose through CDP's forests program, and there is also increasing pressure from NGOs and ...

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
... technologies, said Oliver Yates, CEFC CEO, in the CEO's report. "We have demonstrated our effectiveness as an active investor in the sector, generating positive responses to our activities from the market and from our stakeholders. We have built a strong ...