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UNPRI signatories name corporate ESG engagement issues

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 SEP 2012  |  NEWS
United Nations Principles for Responsible Investment (PRI) signatories say that executive remuneration, climate change and supply chain labour standards are "priority areas of engagement" with invested companies in the next year. These areas of engagement ...

PRI commitment spurs high-level action by Neuberger Berman

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2012  |  NEWS
Global fund manager Neuberger Berman has signed the Principles for Responsible Investment, and is integrating the PRI's commitments into its operational structure, a process that is causing the firm to utilise its resources in new ways. Lucas Rooney ...

Investors, traders welcome Australian/EU ETS linkage

RACHEL ALEMBAKIS  |  THURSDAY, 30 AUG 2012  |  NEWS
The Investor Group on Climate Change (IGCC) has welcomed an announcement that Australia and the European Union will link their carbon trading schemes from July 2015. Nick Armstrong, CEO COzero The announcement by Minister for Climate Change and Energy ...

ACSI to target exec bonus disclosure, voting rights at AGMs

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2012  |  NEWS
The Australian Council of Superannuation Investors (ACSI) will focus on increased disclosure of executive bonuses, the 'no vacancy' rule, director elections, capital raising and pre-emptive rights and poll voting as the key issues underpinning the proxy ...

Valuing environmental services as source of risk and return

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 AUG 2012  |  NEWS
Calculating the value of the ecosystem in which a company operates can not only provide measures of the company's dependency on services such as water, land, biomass and climate control, but also offers information for strategic consideration of risk ...

ClimateWorks Australia name Hill, Ridout to board

RACHEL ALEMBAKIS  |  FRIDAY, 17 AUG 2012  |  NEWS
Former Federal Environment Minister Robert Hill and business leader Heather Ridout have joined ClimateWorks Australia's board of directors. "Robert Hill and Heather Ridout are well known and widely respected for their contribution to public policy in ...

GRI opens comment on anti-corruption, GHG guidance

RACHEL ALEMBAKIS  |  FRIDAY, 17 AUG 2012  |  NEWS
The Global Reporting Initiative (GRI) is asking for public comment on its G4 draft guidance for anti-corruption and greenhouse gas (GHG) emissions reporting. GRI is currently developing the next generation of its sustainability reporting guidelines ...

Superannuation funds aware of ESG macro-impact

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 AUG 2012  |  NEWS
Superannuation funds are realising that environmental, social and governance (ESG) factors should be integrated into macro-level investment decisions, and not merely as issues in individual companies, according to boutique fund manager Solaris Investment ...

Sustainable Melbourne Fund invests in Swanston St retrofit

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 AUG 2012  |  NEWS
... of commercial building owners in Melbourne ( a huge opportunity), together with a detailed look at the Owners Corporations Act, it is an area that we are comfortable to lend to," the spokesperson said. Owners corporations make up 21.5% of commercial ...

Equinix Sydney facility receives LEED certification

RACHEL ALEMBAKIS  |  FRIDAY, 10 AUG 2012  |  NEWS
Equinix, a provider of global data centre services, has been awarded the Leadership in Energy and Environmental Design (LEED) green building rating system gold certification for the first phase instruction of its facility in Mascot, Sydney. LEED is ...