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Labour rights, NGO activism and governance cited as ESG trends

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAY 2014  |  NEWS
Increased environmental and social activism by non-governmental organisations (NGOs), the rising importance of human and labour rights as a social issue for companies and a divergence between considerations of governance and social and environmental ...

UCA Funds Management names fossil fuel exclusion stocks

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 MAY 2014  |  NEWS
... fracking. Natural gas, coking coal and conventional oil remain eligible for investment, and "[w]here a company is a major investor in renewable energy, that interest will be offset from excluded fossil fuels interests when considering whether the company ...

ASX companies lag global peers in disclosing water risks

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAY 2014  |  NEWS
ASX listed companies in water-sensitive sectors are more likely to be exposed to near-term water risks than global peers, but only 46% of those ASX companies disclosed information to the CDP for its Australia Water Report 2013. Graphic courtesy of CDP ...

IGCC launches Perfect Storm Pension Fund video project

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAY 2014  |  NEWS
The Investor Group on Climate Change (IGCC) and Mercer have produced a video training module featuring superannuation trustees and professionals acting in a trustee board meeting role-play that considers concrete steps for integrating climate change ...

J.P. Morgan, GIIN report uptick in impact investing

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAY 2014  |  NEWS
The world's largest impact investors say they expect to commit US$12.7 billion to impact investments in 2014, a 19% increase over 2013, according to a survey conducted by.P. Morgan and the Global Impact Investing Network (GIIN). T he J.P. Morgan/GIIN ...

CDSB tackles reporting of carbon asset stranding risks

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 APR 2014  |  NEWS
(ed. note: Substantially updates throughout with comment from Lois Guthrie) The Climate Disclosure Standards Board (CDSB) has launched a discussion paper aimed at developing means for companies to assess and disclose carbon asset stranding risks (CASR). ...

IGCC: climate financing achievable, but needs policy clarity

RACHEL ALEMBAKIS  |  THURSDAY, 24 APR 2014  |  NEWS
... emissions intensive assets to low carbon sources should be a priority for governments and investors, according to the Investor Group on Climate Change (IGCC). "We see it as the UN catching up to the fact that private flows of finane significantly influence ...

World Bank issues $300m Australian Kangaroo Green Bond

RACHEL ALEMBAKIS  |  THURSDAY, 17 APR 2014  |  NEWS
... Goddard, executive director, head of debt securities, Westpac Institutional Bank The AU$40 billion UniSuper is the lead investor in the issuance, taking AU$100 million of the total bond. The bond was placed with 15 investors in total, including Aberdeen ...

University of Sydney issues second impact investing report

RACHEL ALEMBAKIS  |  THURSDAY, 17 APR 2014  |  NEWS
A new study from the University of Sydney Business School concludes there is no legal barrier preventing trusts and foundations from pursuing impact investments, and finds that impact investing has to move past the stage of engaging with early adopters ...

Green Bond Principles jumps to 25 banking supporters

RACHEL ALEMBAKIS  |  THURSDAY, 17 APR 2014  |  NEWS
... overarching goal was to encourage transparency and disclosure. With that as our focus, we think the Principles will help enable investor decision making, bolster investor confidence and help increase the capital allocated to climate friendly projects. ...