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Climate change impacts on investments "inevitable": Mercer

RACHEL ALEMBAKIS  |  FRIDAY, 5 JUN 2015  |  NEWS
Climate change will have an inevitable impact on investment returns, and investors need to factor it into their risk modelling as they would other factors, according to Mercer. Helga Birgden, head of responsible investing for Asia Pacific at Mercer ...

ANZ to partner with AWA in SE Asia program

RACHEL ALEMBAKIS  |  FRIDAY, 5 JUN 2015  |  NEWS
ANZ is partnering with the Australian Water Association (AWA) on water and wastewater management programs in South-East Asia. Christina Tonkin, ANZ managing director of global loans and advisory. The partnership will see AWA focus on "knowledge sharing ...

Expert panel discusses CSR practices in action

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 JUN 2015  |  NEWS
Innovation in corporate social responsibility (CSR) practices can lead to outcomes including retention of staff, creation of new value for shareholders, mitigation of risks, and more efficient allocation of capital, according a panel of experts speaking ...

ANZ issues $600m green bond

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAY 2015  |  NEWS
ANZ has issued an AU$600 million green bond that will finance green property, wind power and solar projects. The bond - ANZ's first green bond and the second issued by an Australian bank - is five-year fixed rate, priced at 99.384 and an 80 bps spread ...

ACCSR tracks Australian/NZ progress towards CSR innovation

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAY 2015  |  NEWS
Corporate sustainability officers have an increased sense of optimism that corporate social responsibility (CSR) practices are driving innovation and impacting on environmental, social and economic challenges, according to the Australian Centre for ...

NFPs must align investments with mission: Koda Capital

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAY 2015  |  NEWS
... intended to provoke leaders to address issues that will lead them to manage money more effectively. "If you have an investment fund and you make a sustainable distribution of 5% a year to help your mission, that's the way it's been done for decades in ...

LGS joins Portfolio Decarbonization Coalition

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 MAY 2015  |  NEWS
... portfolios, and was co-founded last year by the United Nations Environment Finance Initiative (UNEP FI) the fourth National pension fund of Sweden, AP4, Europe's largest asset manager Amundi and CDP. In addition to LGS, the UK Environment Agency Pension ...

Vote Your Pension platform calls for global member action

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAY 2015  |  NEWS
... shareholder resolution at Chevron's annual general meeting later this month. The Vote Your Pension platform is asking pension fund and mutual fund members from 1200 funds around the world to ask their funds to support a resolution at the Chevron AGM ...

Good Shepherd Microfinance receives $33m federal funding

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAY 2015  |  NEWS
The federal government has allocated AU$33.3 million over the next five years to expand the No Interest Loan Scheme (NILS) and StepUP low interest loans offered by Good Shepherd Microfinance. Adam Mooney, CEO of Good Shepherd Microfinance Good Shepherd ...

Pollinate Energy to open Kolkata office

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAY 2015  |  NEWS
Pollinate Energy, a social enterprise that provides affordable solar lighting to people in India's urban slums, is expanding its operations into Kolkata, its third city in India. Alexie Seller, national manager - business development and operations ...