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Peering into the sustainability crystal ball for 2018 - what lies ahead?

RACHEL ALEMBAKIS  |  FRIDAY, 2 FEB 2018  |  NEWS
Responsible and ethical financial products will continue to enjoy strong demand, while climate change, modern slavery and human rights are issues that will dominate the engagement agenda in 2018. Matthew Bell, EY Oceania climate change and sustainability ...

Australia faces challenges in adapting to autonomous vehicle technology: KPMG

RACHEL ALEMBAKIS  |  FRIDAY, 2 FEB 2018  |  NEWS
Australia ranks 14 out of 20 selected countries in terms of progress and capacity to adapt autonomous vehicle (AV) technology, according to KPMG. KPMG has released the 2018 Autonomous Vehicles Readiness Index (AVRI), which is its first study to examine ...

Instreet Investment takes majority stake in Acorns Grow Australia

RACHEL ALEMBAKIS  |  FRIDAY, 2 FEB 2018  |  NEWS
Instreet Investment Limited has announced it has increased its ownership stake in Acorns Grow Australia. George Lucas, Instreet Managing Director Instreet said it now has a majority stake in Acorns Grows Australia, but would not disclose the financial ...

ACSI, CareSuper announce nominations for Michael O'Sullivan ESG Rising Star Award

RACHEL ALEMBAKIS  |  FRIDAY, 2 FEB 2018  |  NEWS
The Australian Council of Superannuation Investors (ACSI) and CareSuper have announced open nominations from finance professionals for the Michael O'Sullivan ESG Rising Star Award. The Michael O'Sullivan ESG Rising Star Award is named after Michael ...

Thorn agrees to ASIC undertaking for refunds, write-offs for goods leases

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2018  |  NEWS
The Australian Securities and Investment Commission (ASIC) has announced regulatory outcomes against Thorn's consumer leasing businesses Radio Rentals, RR and Rentlo Reinvented that will see millions in dollars of refunds and write-offs of fees to consumers. ...

Increasing financial inclusion could yield increasing revenue to banks: EY

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2018  |  NEWS
Financial inclusion isn't just a worthy social goal for banks - it also represents potential revenue that EY estimates could be as high as US$88 billion by 2020 in the Asia Pacific region. Jan Bellens, EY global emerging markets leader EY has published ...

Australian banks, Fortescue Metals appear in Bloomberg Gender Equality Index

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2018  |  NEWS
A number of Australian listed companies have been included in the 2018 Bloomberg Gender Equality Index (GEI). The GEI is a reference index that measures gender equality across internal company statistics, employee policies, external community support ...

Vision Super publishes Corporate Responsibility report

RACHEL ALEMBAKIS  |  FRIDAY, 19 JAN 2018  |  NEWS
Vision Super has highlighted its increased active shareholding activity in 2017, including votes pushing companies towards greater disclosure of climate change related risk. Michael Wyrsch, CIO, Vision Super Vision Super has released its latest Corporate ...

UNEP FI select Oliver Wyman, Mercer as expert advisers on TCFD-related project

RACHEL ALEMBAKIS  |  FRIDAY, 19 JAN 2018  |  NEWS
Oliver Wyman and Mercer have been chosen as expert advisers on a project examining climate-related risks and opportunities for financial institutions being undertaken by the United Nations Environment Programme - Finance Initiative (UNEP FI). UNEP FI ...

Victorian government launches first social impact bond

RACHEL ALEMBAKIS  |  FRIDAY, 22 DEC 2017  |  NEWS
The Victorian government has launched the state's first social impact bond (SIB), aimed at reducing chronic homelessness. Minster for Housing, Disability and Ageing Martin Foley The Andrews Labor government has this week launched the J2SI SIB, which ...