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Institutional investors put climate change into risk budget

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 JAN 2012  |  NEWS
... low carbon technologies (T), the impacts (I) on the physical environment and the implied cost of carbon resulting from global policy (P) developments..." The engagement with companies and policy makers is of critical importance, because using the TIP ...

Global Reporting Initiative publishes events sector guidance

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 JAN 2012  |  NEWS
The Global Reporting Initiative (GRI) has published a new guidance for the events sector to increase the relevance of reporting on issues including greenhouse gas emissions, waste, attendee travel, event legacy, and initiatives taken at an event to ...

ESG investment analysis - answering the "so-what" question

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2012  |  NEWS
... managers to feed into manager selection itself," he said. "Mercer does cover that. We have two sets of manager ratings - our [Global Investment Manager Database] GIMD ratings, are our overall ratings, and then we also have an ESG rating system of one ...

Companies testing labour, human rights supply chain standards

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2012  |  NEWS
... workers in 62 countries. A 2009 research report by the Harvard Project funded by the IRRC concluded that around 28% of global companies - including nearly half of those with market capitalizations of more than US$10bn - have labor and human rights policies ...

GRI establishing working groups for G4

RACHEL ALEMBAKIS  |  FRIDAY, 13 JAN 2012  |  NEWS
Global Reporting Initiative (GRI) is continuing to set up working groups for the development of the G4 next generation reporting guidelines. While nominations for the Disclosure on Management Approach working group close as of 13 January, more working ...

Investors make 2012 climate change investment commitments

RACHEL ALEMBAKIS  |  FRIDAY, 13 JAN 2012  |  NEWS
... common sense, and fiduciary duty compel investors to address the opportunities and risks posed by climate change" INCR is a global collaboration with members including Macquarie Funds Direct. The group partners with other collaborative bodies including ...

Climate change, human rights, social justice top 2012 agenda

RACHEL ALEMBAKIS  |  FRIDAY, 6 JAN 2012  |  NEWS
The introduction of the carbon pricing regime will be one of the top priorities for companies and investors in 2012, with a concurrent interest in increased investment in assets to mitigate and adapt climate change, according to sustainability professionals. ...

Westfield GHG emissions decrease, energy efficiency increase

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 JAN 2012  |  NEWS
... community engagement and injury rates as some of their high priority indicators over the 2010 calendar year. During 2010, total global GHG emissions across all scopes were 689,497 metric tonnes CO2-equivalents (t CO2e) - 30,975 t CO2e direct emissions ...

Highlights of a year in The Sustainability Report

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 JAN 2012  |  NEWS
... for risk mitigation and return generation Australian property funds top GRESB list Investor Profile: Colonial First State Global Asset Management Integrating ESG to enhance quantitative-style investment analysis Investors integrating ESG into decisions ...

Share placements become governance issue for investors

RACHEL ALEMBAKIS  |  FRIDAY, 23 DEC 2011  |  NEWS
... capital raisings through equity is not likely to dwindle, given the tighter access to credit markets and access to debt given global banking issues. For institutional investors, the first risk of equity capital raisings is dilution of existing investments ...