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AXA IM: impact investing to drive growth in ESG strategies

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 SEP 2013  |  NEWS
Impact investment and other trends will drive growth in environmental, social and governance (ESG) strategies over the next 10 years, according to AXA Investment Managers (AXA IM). Matt Christensen, global head of responsible investment, AXA IM Matt ...

GNDI comments on proposed Integrated Reporting framework

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 SEP 2013  |  NEWS
... increased compliance costs for entities as well as increasing volume of reporting, the need to make sure there is "genuine investor demand" for the disclosures in an integrated report, and the risk that there will be a potential increase in directors' ...

HSBC calls for policies to support low-carbon financing

RACHEL ALEMBAKIS  |  FRIDAY, 30 AUG 2013  |  NEWS
... ideally, they enable this capital reallocation," HSBC said. There is also need for public finance to play a role in reducing investor perceptions of enhanced risk in low-carbon sectors, and suggests mechanisms including "co investment through debt and ...

City of Melbourne, NAB, Eureka Funds Management sign EUA

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 AUG 2013  |  NEWS
Eureka Funds Management and National Australia Bank (NAB) have financed a AU$7 million environmental upgrade agreement (EUA) that will retrofit a Melbourne office tower to reduce carbon emissions by more than 600 tonnes a year. Signing of the AU$7 million ...

Corporate governance guidelines on agenda ahead of AGMs

RACHEL ALEMBAKIS  |  FRIDAY, 23 AUG 2013  |  NEWS
... they have to deal with." Halliday noted that these meetings are time intensive for both the board chairmen and for the investor or investment manager. "AMP Capital have a team of 4 people devoted to ESG, so we have the resources to engage," she said. ...

Focus on short-term growth could undercut long term gain

RACHEL ALEMBAKIS  |  FRIDAY, 23 AUG 2013  |  NEWS
Companies and shareholders who focus on the short-term may be sacrificing tomorrow's growth for today's gain, according to AMP Capital's biannual corporate governance report. Karin Halliday, AMP Capital corporate governance manager In addition to reporting ...

EY: Businesses need long term carbon policy

RACHEL ALEMBAKIS  |  FRIDAY, 23 AUG 2013  |  NEWS
... 2015/2016, and Korea will launch its emission trading scheme next year. EY said that China has also become the largest investor in renewable energy and its incoming president has proposed other measures to reduce emissions and pollution such as putting ...

ACSI: Investors have confidence in ASX100 boards

RACHEL ALEMBAKIS  |  FRIDAY, 16 AUG 2013  |  NEWS
... Council of Superannuation Investors (ACSI). Ann Byrne, ACSI CEO ACSI's Board Confidence Survey: A Report on Institutional Investor Confidence in Boards of S&P/ASX100 Companies (BCS) is the organisation's first survey of investors' trust and confidence ...

Climate Bonds Initiative releases criteria for solar assets

RACHEL ALEMBAKIS  |  FRIDAY, 16 AUG 2013  |  NEWS
... Teachers Retirement System (CalSTRS), the Nature Resources Defense Council, the Carbon Disclosure Project, the Ceres Investor Network on Climate Risk, the Investor Group on Climate Change and the State Treasurer of California, Bill Lockyer.

WWF: ETS repeal to reduce renewable energy, increase prices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 AUG 2013  |  NEWS
Repealing Australia's emissions trading scheme would reduce renewable energy production and retail electricity customers would likely face higher prices, according to a report released by WWF-Australia. Graphic courtesy of WWF-Australia The report finds ...