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BNP Paribas Securities Services becomes PRI Signatory

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 SEP 2016  |  NEWS
Global custodian BNP Paribas Securities Services has signed the Principles for Responsible Investment (PRI). Patrick Colle, general manager, BNP Paribas Securities Service In becoming a signatory to the PRI in the service provider category, BNP Paribas ...

International Integrated Reporting Council hires Richard Howitt as CEO

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 SEP 2016  |  NEWS
The International Integrated Reporting Council (IIRC) has named Richard Howitt as the next chief executive officer. Howitt will succeed outgoing CEO Paul Druckman on 1 November. Howitt is currently a Member of European Parliament (MEP), and will step ...

AMP Capital examines impact of disruptions on financial sector

RACHEL ALEMBAKIS  |  FRIDAY, 2 SEP 2016  |  NEWS
Technological disruptions including driverless cars, the sharing economy and blockchain are top sources of both risk and opportunity for Australia's insurance and diversified financial services sector, according to AMP Capital. Kristen Le Mesurier ...

Artesian Venture Partners launches $20m Clean Energy Seed Fund

RACHEL ALEMBAKIS  |  FRIDAY, 2 SEP 2016  |  NEWS
Artesian Venture Partners has launched the AU$20 million Clean Energy Seed Fund with a AU$10 million cornerstone investment from the Clean Energy Innovation Fund. CEFC CEO Oliver Yates and Artesian managing partner Jeremy Colless The Clean Energy Seed ...

Not for Podcast: Discrediting Online Gambling

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 AUG 2016  |  NEWS
Australians are the biggest gamblers in the world, losing more money per adult on gambling than any other developed country. The average loss for each Australian who gambled was $1,500, according to a government inquiry in 2010. It also found the costs ...

AMP Capital, CSIRO back renewable energy tech startup Evergen

RACHEL ALEMBAKIS  |  FRIDAY, 26 AUG 2016  |  NEWS
AMP Capital and CSIRO have provided investment and technical backing to renewable energy tech startup Evergen. Dr Glenn Platt, Evergen CEO Evergen uses licensed technology from CSIRO in a system that analyses and optimises home energy costs to draw ...

IGCC, others organisations press G20 countries to ratify Paris Agreement

RACHEL ALEMBAKIS  |  FRIDAY, 26 AUG 2016  |  NEWS
The Investor Group on Climate Change (IGCC) and five other global organisations have written to the heads of the G20 countries to urge them to ratify the Paris Climate Agreement. Emma Herd, CEO, IGCC IGCC, the Institutional Investors Group on Climate ...

LGS adapts investment screens for Sustainable Australian Shares option

RACHEL ALEMBAKIS  |  FRIDAY, 26 AUG 2016  |  NEWS
Local Government Super (LGS) has evolved the investment restriction screens on its Sustainable Australian Shares (SAS) investment option. LGS CEO Peter Lambert LGS has made three changes, including broadening existing screens to exclude companies that ...

NAB sets science based target for Scope 1 and 2 emissions

RACHEL ALEMBAKIS  |  FRIDAY, 26 AUG 2016  |  NEWS
National Australia Bank has set a science based target and aims to reduce Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 21% by 2025. The cut will be a reducing of 21% from 2015 levels, and it "supports NAB's commitment to the internationally ...

Renew Financial on PACE, US residential renewable energy market

RACHEL ALEMBAKIS  |  FRIDAY, 19 AUG 2016  |  NEWS
Renew Financial, a California-based clean energy financing company, is bringing the Property Assessed Clean Energy (PACE) financing model to multiple states in the US, and enabling financing for residential and commercial renewable energy and water ...