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LGS ESG sovereign debt strategy includes green bond tilt

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 JUN 2012  |  NEWS
Local Government Super (LGS) has moved all of its nearly AU$170m government bond allocation to a strategy that explicitly incorporates environmental, social and governance (ESG) analysis into the selection process, including a specific allocation of ...

Report: US$174bn global market for climate-themed bonds

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUN 2012  |  NEWS
... investors. "We do think there is demand, and one of the bits of evidence for that is that one of our board members is the Investor Group on Climate Change, and their nominated representative is from Colonial First State," Kidney said. "But what has to ...

Australian Ethical Investments faces EGM board spill

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUN 2012  |  NEWS
... price plus dividends) has been competitive relative to our peers." See Also: James Thier retires from Australian Ethical Investor Profile: Australian Ethical Investment

Majority of ASX200 lack formal labour, human rights policies

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAY 2012  |  NEWS
Only 14% of ASX200 companies have formal policies addressing labour and human rights issues, despite the index's heavy weighting towards sectors with high frequency and/or severity of labour and human rights controversies, according to a new report ...

Disruptive innovation, ESG factors pose media sector risk

RACHEL ALEMBAKIS  |  FRIDAY, 25 MAY 2012  |  NEWS
... the company. The number of complaints to media watchdogs has gone up, and it's in their best interest to explain to the investor community in general where they stand on ethics. The stakes have never been as high as they have been at the moment." The ...

Fund management bodies oppose ASX share placements proposal

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 MAY 2012  |  NEWS
... the need for Australia to remain globally competitive in attracting new company listings and capital, we do not believe investor protections and equity should be set aside." ACSI raised two further concerns - firstly, that indexed portfolio may be excluded ...

Perpetual to extend ESG dashboard to fixed income space

RACHEL ALEMBAKIS  |  FRIDAY, 18 MAY 2012  |  NEWS
... interests in shares, coal mining, distribution and retail of pharmaceutical products and manufacture of building products. An investor in SOL for almost 20 years, Perpetual has been raising corporate governance concerns with the company for the last ...

AMP trials smartphone voting for annual general meeting

RACHEL ALEMBAKIS  |  FRIDAY, 18 MAY 2012  |  NEWS
More than 500 AMP shareholders used a smartphone to lodge their proxy votes for the company's May annual general meeting, via technology developed by their registrar, Computershare. AMP reported that more than 7,000 AMP shareholders lodged their proxy ...

Skills shortage in oil and gas sector a material ESG risk

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAY 2012  |  NEWS
Oil and gas companies are exposed to skills shortages in their workforce, and that exposure and companies' strategic responses pose risks to health and safety, to the environment, and to capital expenditure projects for exploration and production, according ...

Climate change realities necessitate superannuation response

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAY 2012  |  NEWS
The scientific consensus around the potential impacts of climate change and the affirmative policy moves of governments around the world to mitigate their impacts means that Australia's renewable energy target and carbon pricing regime is not an outlier ...