Search Results

Showing 271 - 280 of 532 results for "profit"

Impact Investing Australia to administer $7m Australian government fund

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2018  |  NEWS
... million Australian Government Sector Readiness Fund (SRF) to enable social enterprises to grow their impact. IIA, a not-for-profit organisation supporting the Australian Advisory Board for Impact Investing in growing the impact investing market, has ...

Cbus becomes Australian Asset Owner Stewardship Code signatory

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2018  |  NEWS
... code is intended to provide superannuation funds with a means to demonstrate transparency and accountability. Cbus is a profit to member superannuation fund managing more than $47 billion on behalf of 780,000 members. "Cbus has a long history of active ...

Core Civic, GEO Group flagged for ESG controversies

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2018  |  NEWS
... immigrant detention through a campaign targeting banks JP Morgan Chase and Wells Fargo for providing debt financing for two for-profit prison companies - Core Civic and GEO Group - that operate immigrant detention centres housing people Core Civic and ...

40% of Chinese Coal Power Plants are Losing Money: Carbon Tracker

RACHEL ALEMBAKIS  |  TUESDAY, 16 OCT 2018  |  NEWS
Nearly half of China's coal power stations are making losses, and their owners could save "nearly US$390 billion by closing plants in line with the Paris Climate Agreement," according to an innovative new study by Carbon Tracker, Matthew Gray, Carbon ...

Diverse boards can provide "profitability moat" to future returns

RACHEL ALEMBAKIS  |  FRIDAY, 28 SEP 2018  |  NEWS
The level of board diversity is associated with higher contemporaneous return on equity, and can also be a predictor of a company's ability to protect future profits, according to new research from AXA IM Rosenberg Equities. Kathryn McDonald, director ...

Nanuk Asset Management on sustainability aspects of artificial intelligence

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2018  |  NEWS
Advancements in Artificial intelligence (AI) have led to fundamental changes in industries by "creating commercial solution efficiencies on an unprecedented scale," according to Nanuk Asset Management. Tristan Patience, investment manager, Nanuk Asset ...

Australian Ethical reports AUM of $2.82 billion in full year results

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2018  |  NEWS
Australian Ethical Investment has reported underlying profit after-tax for the 2017-2018 financial year rose 18% to $5.0 million, driven by strong member growth, strong inflows and positive investment performance. Phil Vernon, Australian Ethical Investment ...

US activists target banks over finance to for-profit prisons, detention centres

RACHEL ALEMBAKIS  |  FRIDAY, 3 AUG 2018  |  NEWS
... immigrant detention through a campaign targeting banks JP Morgan Chase and Wells Fargo for providing debt financing for two for-profit prison companies - Core Civic and GEO Group - that operate immigrant detention centres housing people. For the US grassroots ...

UCA Funds Management certified as B Corp, signs Banking and Finance Oath

RACHEL ALEMBAKIS  |  FRIDAY, 27 JUL 2018  |  NEWS
... which identifies businesses and organisations with sustainable and ethical practices. B Corps are certified by the non-profit B Lab as meeting rigorous standards of social and environmental performance, accountability and transparency. "B Corp is to ...

Rosenberg Equities to manage $1bn ESG mandate for CalPERS

RACHEL ALEMBAKIS  |  FRIDAY, 20 JUL 2018  |  NEWS
Rosenberg Equities has been appointed by the California Public Employees' Retirement System (CalPERS) to manage a portfolio of environmental and socially responsible investments. Kathryn McDonald, director of investment strategy, AXA Rosenberg Rosenberg ...