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flexigroup pricing $265million ABS with green tranches

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2019  |  NEWS
flexigroup has announced it is pricing a A$265 million asset-backed securities with green tranches that are certified by the Climate Bonds Standard Board. The Flexi ABS Trust 2019-2 transaction is supported by a pool of unsecured, consumer receivables ...

Sustainalytics hires Jodie Tapscott as head of Australasia

RACHEL ALEMBAKIS  |  THURSDAY, 28 NOV 2019  |  NEWS
... in Australia by "working closely with institutional investors to help them integrate ESG considerations into their investment decision-making processes," Sustainalytics said. Tapscott comes to Sustainalytics from Colonial First State, where she was the ...

Sexual harassment a potential investment, financial risk in supply chain

RACHEL ALEMBAKIS  |  FRIDAY, 22 NOV 2019  |  NEWS
... looking at modern slavery risk, why not take a broader view," said Mans Carlsson-Sweeney, head of ESG Research at Ausbil Investment Management. "You're spending the time, you're spending the money, it kills more than one bird with one stone for you to ...

S&P Global to acquire ESG ratings business from RobecoSAM

RACHEL ALEMBAKIS  |  FRIDAY, 22 NOV 2019  |  NEWS
... through the Dow Jones Sustainability Index (DJSI). Robeco and RobecoSAM will continue to use the CSA data for use in investment strategies and will provide advice on the CSA Methodology, S&P Global said. "Through this acquisition, S&P Global is bringing ...

CEFC, ARENA commit up to $58m for Hornsdale Power Reserve

RACHEL ALEMBAKIS  |  THURSDAY, 21 NOV 2019  |  NEWS
... integration of renewable energy," noted Neoen. "We see grid-scale batteries as a critical part of the next wave of investment that will support the rapid and unprecedented change we are seeing across Australia's electricity system," said Ian Learmonth ...

Australian Ethical questions calls for limits on environmental activism

RACHEL ALEMBAKIS  |  TUESDAY, 19 NOV 2019  |  NEWS
... of a recent speech by Prime Minister Scott Morrison. Dr Stuart Palmer, head of ethics research, Australian Ethical Investment In a speech earlier this month, Morrison raised the possibility of outlawing the practices of secondary boycotts by environmental ...

TCorp issues record-breaking $1.8bn Sustainability Bond

RACHEL ALEMBAKIS  |  FRIDAY, 15 NOV 2019  |  NEWS
... Sustainability Bond based on both green and social assets. Fiona Trigona, head of funding and balance sheet, TCorp TCorp, the investment and financial management partner of the New South Wales (NSW) public sector, initially advised that it would be a ...

Schroders acquires impacting investing firm BlueOrchard

RACHEL ALEMBAKIS  |  FRIDAY, 15 NOV 2019  |  NEWS
... business and can take a long term view on business, with a strong view on sustainability. Our ambition to take impact investment more into the mainstream and introduce it to our client bases." BlueOrchard is a pioneer in microfinance and impact investing ...

ESG standards improving in emerging markets: T. Rowe Price

RACHEL ALEMBAKIS  |  FRIDAY, 15 NOV 2019  |  NEWS
... and corporate governance (ESG) standards in emerging market equities are improving, and form an important part of the investment framework for value investing, said T. Rowe Price. Irmak Surenkok, portfolio specialist in the Equity Division at T. Rowe ...

Fiduciary duty, regulatory environment top ESG push factors: SSGA

RACHEL ALEMBAKIS  |  FRIDAY, 15 NOV 2019  |  NEWS
Fiduiary duty and a growing regulatory environment are the top factors pushing institutional investors to adopt environmental, social and corporate governance (ESG) strategies, according to State Street Global Advisors (SSGA). Rakhi Kumar, Managing ...