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Dow Jones, RobecoSAM issue 2013 DJSI indices

RACHEL ALEMBAKIS  |  FRIDAY, 13 SEP 2013  |  NEWS
Australia and New Zealand Banking, Tabcorp and Stockland are industry group leaders in the 2013 Dow Jones Sustainability Indices (DJSI) review. S&P Dow Jones Indices, in collaboration with RobecoSAM, have announced that the DJSI World Index 2013/2014 ...

PRI: ESG factors material to sovereign bond creditworthiness

RACHEL ALEMBAKIS  |  FRIDAY, 13 SEP 2013  |  NEWS
... ratings in a more systematic way, taking into account quantitative and qualitative criteria. "Whatever any individual investor does to determine creditworthiness by using traditional financial and ESG analysis, the market as a whole will continue to ...

Australian Ethical Investment to reorganise business

RACHEL ALEMBAKIS  |  FRIDAY, 13 SEP 2013  |  NEWS
Australian Ethical Investments is restructuring its business, including a "substantial" reduction of its Canberra operations and outsourcing some functions. Phil Vernon, Australian Ethical managing director Australian Ethical announced the changes will ...

NAB, Westpac leaders in 2013 CDP Global 500

RACHEL ALEMBAKIS  |  FRIDAY, 13 SEP 2013  |  NEWS
Total greenhouse gas (GHG) emissions from the 50 largest emitters have increased since 2009, even as overall emissions of the top 500 companies have fallen, according to the CDP Global 500 Climate Change Report 2013. The report is co-written by CDP ...

NGS Super to launch stand-along SRI fund option

RACHEL ALEMBAKIS  |  FRIDAY, 6 SEP 2013  |  NEWS
NGS Super is designing a stand-along socially responsible investment (SRI) option for members that will be launched later this year. This is not the fund's first attempt at a stand-alone ethical investment option. NGS Super has had a Green Shares option ...

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. ...