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Christian Super engaging with companies on African assets

RACHEL ALEMBAKIS  |  FRIDAY, 12 OCT 2012  |  NEWS
... environmental and social issues and recent changes to supply by Wesfarmers is one example of the fund's role as an active investor. The majority of the fund's engagement with Australian companies has taken the form of written and verbal requests for ...

New Forests issues second sustainability report

RACHEL ALEMBAKIS  |  FRIDAY, 12 OCT 2012  |  NEWS
Forestry and environmental markets fund manager New Forests reported a successful capital raising of a fund focusing on plantation assets in the Asia Pacific Region and progress on UN PRI commitments in its second sustainability report. New Forests ...

More women, more new entrants appointed to ASX100 boards

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 OCT 2012  |  NEWS
Top 100 ASX listed companies are naming more women and more new entrants to their boards, while smaller companies within the ASX200 are lagging behind, according to research from the Australian Council of Superannuation Investors (ACSI). Ann Byrne ACSI ...

Wesfarmers engagement leads to phosphate sourcing change

RACHEL ALEMBAKIS  |  FRIDAY, 5 OCT 2012  |  NEWS
Wesfarmers has stopped sourcing phosphate rock from Western Sahara, after more than three years of engagement with Christian Super and other stakeholders, the superannuation fund has reported. Since 2009, Christian Super and other parties have spoken ...

ACSI reiterates support for NewsCorp board overhaul

RACHEL ALEMBAKIS  |  FRIDAY, 5 OCT 2012  |  NEWS
The Australian Council of Superannuation Investors (ACSI) is recommending that its membership support shareholder resolutions to calling for an independent chair and non-affiliated board members at NewsCorp. Ann Byrne "ACSI recognises that some change ...

MSCI expands ESG research to fixed income

RACHEL ALEMBAKIS  |  FRIDAY, 5 OCT 2012  |  NEWS
MSCI has broadened its ESG research coverage to include fixed income, offering data to investors for integrating environmental, social and governance factors into their investment process and measuring ESG risk exposure. MSCI's ESG research now covers ...

More than 3,000 respond to GRI comment periods

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 OCT 2012  |  NEWS
The Global Reporting Initiative (GRI) has received more than three thousand formal submissions on its G4 next generation reporting guidelines, a record number for the organisation. Nelmara Arbex GRI held two public comment periods - August to November ...

Q&A with Meg McDonald, CEO Low Carbon Australia

RACHEL ALEMBAKIS  |  FRIDAY, 28 SEP 2012  |  NEWS
... investment in energy efficiency is worth doing on its own merits. We do evaluation of projects on the basis of being an investor, and to bring in a private sector financier. We look to help de-risk the transaction, and by virtue of being government owned ...

Kidney: Australia should look to fund NBN with green bond

RACHEL ALEMBAKIS  |  FRIDAY, 28 SEP 2012  |  NEWS
... recent regional French environmental bond. Sean Kidney, executive chair of the Climate Bonds Initiative says that the investor interest in green bonds should spur the Australian government to consider selling green bonds to fund the development of the ...

Foresters finances Eating Disorders Victoria service

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 SEP 2012  |  NEWS
Foresters Community Finance has financed an expanded counseling service for Eating Disorders Victoria (EDV) through its Social Enterprise Solutions program. The loan will provide funds for EDV to provide community-based early intervention and ongoing ...