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Norton Rose Fulbright: trustees must consider climate change

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 APR 2014  |  NEWS
... context, trustees are required to source reliable information about the risk that climate change, climate regulation and investor activism (such as the carbon divestment movement), might pose to investment portfolios. "It comes down to, quite simply ...

European Parliament adopts standards for ESG disclosure

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 APR 2014  |  NEWS
The European Parliament has adopted a measure requiring large European companies to disclose environmental, social and governance information as part of their annual reporting. Internal Market and Services Commissioner Michel Barnier Companies with ...

CFSGAM reports on responsible investment, stewardship

RACHEL ALEMBAKIS  |  FRIDAY, 11 APR 2014  |  NEWS
A high degree of transparency and reporting is "the most important indicator of effective equity investor stewardship," according to more than a third of people who attended the recent Colonial First State Global Asset Management (CFSGAM) Responsible ...

Investors say non-financials matter in investment decisions

RACHEL ALEMBAKIS  |  FRIDAY, 4 APR 2014  |  NEWS
... social and governance - disclosures. The global survey of 163 institutional investors was conducted by Institutional Investor magazine, on behalf of EY. The research results should prompt companies to think about how they are disclosing non-financial ...

PRI moving ahead with governance review, disclosure regime

RACHEL ALEMBAKIS  |  FRIDAY, 4 APR 2014  |  NEWS
... session I saw - people were not seeing ESG as something that was about risk management and about making you really a better investor because you're considering more risk factors, but for some, it was still about [Socially Responsible Investment] SRI ...

IIRC, GISR agree to collaborate on integrated standards

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 APR 2014  |  NEWS
The International Integrated Reporting Council (IIRC) and the Global Initiative for Sustainability Ratings (GISR) have agreed to work towards complementarity and compatibility in the ongoing development of their frameworks and standards. Paul Druckman ...

GRESB launches 2014 survey

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 APR 2014  |  NEWS
The Global Real Estate Sustainability Benchmark (GRESB) has launched is 2014 survey, its fifth year of operation. In 2013, 550 property companies and funds, managing US$1.6 trillion in value, participated in the GRESB survey. The Global Real Estate ...

SVA suggests reform for social enterprise capital funding

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 APR 2014  |  NEWS
... also look to build effective methods to measure social impact so a standard can be adopted by the mainstream financial investor community." There are existing government initiatives to encourage the development of investment in the social enterprise ...

ASX includes ESG language in corporate governance guidance

RACHEL ALEMBAKIS  |  FRIDAY, 28 MAR 2014  |  NEWS
The Australian Securities Exchange (ASX) has recommended that listed companies disclose how economic, environmental and social sustainability risks are being identified and managed. This week the ASX Group's Corporate Governance Council published a ...

ESG integration into quantitative investment management

RACHEL ALEMBAKIS  |  FRIDAY, 28 MAR 2014  |  NEWS
There is a growing use of environmental and social factors as part of quantitative investment techniques in equity portfolios, with fund managers integrating ESG data to either screen out undesired stocks, or to create customised benchmarks that tilt ...