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PRI to launch new reporting, assessment framework in October

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2013  |  NEWS
The UN Principles for Responsible Investment (PRI) will launch its new reporting framework in October, an undertaking that is "one of the most important things the PRI can do," said Fiona Reynolds, PRI managing director. Fiona Reynolds, UN PRI managing ...

End of Financial Year time for tax, ethical investment check

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 JUN 2013  |  NEWS
... informed choice." Australian Ethical discloses its investments and makes that information available to superannuation investor, and there is the potential for investors to have more access to information like that under the Stronger Super reforms, Kirk ...

Ann Byrne to step down as ACSI CEO

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 JUN 2013  |  NEWS
Ann Byrne, chief executive of the Australian Council of Superannuation Investors (ACSI) will step down in October. Ann Byrne, ACSI CEO Byrne has been ACSI CEO for more than five years, and recently informed ACSI's Committee of Management of her decision. ...

Barclays and MSCI launch ESG Fixed Income Indices

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2013  |  NEWS
... But at MSCI ESG Research, we are looking at how we can refine the definition of GB such that it is accessible to the investor. The challenge is that if you expand the scale of the green bond market, you have to expand what kinds of entities qualify ...

Publish What You Pay renews call for mandatory disclosures

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2013  |  NEWS
... Claire Spoors, coordinator, Publish What You Pay Australia. "Will it wake them up?" Civil society groups, investors and investor groups such as the Australian Council of Superannuation Investors are pressing for mandatory disclosure of payments mining ...

Bill McKibben urges super funds to divest from fossil fuel

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 JUN 2013  |  NEWS
... interesting business because you're looking far into the future in a way that you're not as a day trader or a short-term investor," McKibben said. "At the most basic level, it makes no sense to invest one's retirement money in companies that won't guarantee ...

NAB, bankmecu win at Australasian Reporting Awards

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 JUN 2013  |  NEWS
National Australia Bank has been recognised for its sustainability reporting, while bankmecu won an award for integrated reporting at the 2013 Australasian Reporting Awards (ARA). Damien Walsh, bankmecu managing director The ARA awards are intended ...

NGS Super allocates to NSW social benefit bond

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2013  |  NEWS
... not measure the social impact of its investments, he said. "Our priority is, first and foremost, to be a professional investor seeking to maximise retirement benefits for our member," Rodwell-Ball told The Sustainability Report. "So, while we subscribe ...

Greens call on Future Fund to divest from coal companies

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2013  |  NEWS
The leader of the Australian Greens party has called for the Future Fund to divest its investments in coal companies. Senator Christine Milne "Earlier this year the Future Fund ditched its tobacco investments in response to a campaign led by the Greens," ...

CDP signs agreements with SASB, GRI to further standards

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2013  |  NEWS
CDP has signed separate agreements to partner with the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI) with the intention of improving corporate reporting of climate change and sustainability issues. SASB is ...