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Benchmarking superannuation funds' sustainability performance

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2011  |  NEWS
Much work is being performed around the world and in Australia by investors, collaborate bodies and financial services firms to seek frameworks with commonly accepted metrics to benchmark companies' sustainability performances with the ultimate goal ...

Mercer: providing education and intervention on ESG

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 JUN 2011  |  NEWS
Bringing ESG risk/reward considerations to institutional investors such as superannuation funds is a matter of "intervention" and education for investment consultant Mercer, which has a specialist ESG team that produces research and develops strategies ...

MSCI launches 25 new ESG indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 JUN 2011  |  NEWS
MSCI has rolled out 25 new ESG indices, including indices that exclude holdings in manufacturers of controversial weapons and indices built around socially responsible investments. The new indices include 11 regional and country-level specific indices. ...

IGCC: carbon price delay could cost electricity sector $2.5bn

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2011  |  NEWS
... additional costs to the electricity sector for both investors and energy users, according to a study commissioned by the Investor Group on Climate Change (IGCC) and Catholic Super. The research by economic modelling firm SKM/MMA compared the costs of ...

The impact of universal owners on sustainable investing

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2011  |  NEWS
Large asset owners that own a slice of country's economy and market through their portfolios are exposed to environmental, social and governance (ESG) factors that might impact long-term value, but they have the ability to use that economic and financial ...

MSCI launches ESG platform

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2011  |  NEWS
MSCI has launched MSCI ESG Manager, a platform to assist asset managers and owners with managing research, analysis and compliance tasks across a range of ESG factors. MSCI is also introducing MSCI ESG Impact Monitor, a product that allows investors ...

Deloitte, GRI to develop new program

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2011  |  NEWS
A new program between the Global Reporting Initiative (GRI) and Deloitte will see the GRI's G3 and G3.1 guidelines given a new Extensible Business Reporting Language (XBRL) taxonomy, meaning sustainability data can be communicated more easily to investors ...

Catholic Super hires investment manager for sustainability

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUN 2011  |  NEWS
Catholic Super has hired Danyelle Guyatt, currently global head of research for Mercer's responsible investment practice, as the AU$4.16bn fund's investment manager. As part of her role, Guyatt will be responsible for designing and implementing a responsible ...

Government allocates funds to GRI Focal Point Australia

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUN 2011  |  NEWS
The Australian government will allocate AU$400,000 over the next two years to the Global Reporting Initiative Focal Point Australia, said David Bradbury, parliamentary secretary to the treasurer. The Focal Point is the product of a 2008 agreement between ...

Climate change issues integrated into investment decisions

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 JUN 2011  |  NEWS
... investment decisions, with Australia and New Zealand and European investors ahead of their US counterparts. The Global Investor Survey on Climate Change Annual Report on Actions and Progress 2010 surveys the investment practices of 44 asset owners and ...