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CBRE commits to increasing green space in Australia, NZ

RACHEL ALEMBAKIS  |  FRIDAY, 23 JAN 2015  |  NEWS
CBRE has committed to increasing green space by 20% over the next six years in its Australian and New Zealand corporate offices. Amanda Steele, head of sustainability, CBRE Pacific The initiative began last year, and CBRE will integrate potted plants ...

Australian Ethical surpasses $1 billion AUM

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JAN 2015  |  NEWS
Australian Ethical Investors has increased its assets under management to more than AU$1 billion through a combination of investment returns and inflows across its business lines, according to Phil Vernon, managing director. Phil Vernon, Australian ...

Northern Trust to open asset management in Australia

RACHEL ALEMBAKIS  |  FRIDAY, 16 JAN 2015  |  NEWS
Northern Trust will bring its asset management business to Australia in 2015, and will look to offer equities products including those specifically tailored for environmental, social and governance (ESG) mandates. Rohan Singh, managing director, Northern ...

Instreet Investment buys The Emerald Club

RACHEL ALEMBAKIS  |  FRIDAY, 16 JAN 2015  |  NEWS
Ed. note: Revised to include comment from The Emerald Club co-founder Justin Medcalf Instreet Investment, a boutique structured product provider, has bought the Emerald Club and its ethical platform, The Emerald Wrap. Instreet did not have a presence ...

Green bond issuance hits US$36.6 billion for 2014

RACHEL ALEMBAKIS  |  FRIDAY, 16 JAN 2015  |  NEWS
US$36.6 billion in labelled green bonds were issued in 2014, according to the Climate Bonds Initiative. The total labelled green bond issuance for 2014 was more than triple the amount issued in 2013, and the total amount of green bonds outstanding was ...

Foresters Community Finance appoint new CEO

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 JAN 2015  |  NEWS
Foresters Community Finance has hired Ashley Hood as its new CEO. Hood has more than 25 years' experience in the banking in the banking industry, and has held senior executive roles in the Bendigo and Adelaide Bank as well as executive director roles ...

GRI launches Reporting 2025 initiative

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 JAN 2015  |  NEWS
The Global Reporting Initiative (GRI) has launched Reporting 2025, a series of interviews, videos and analysis papers to identify issues that are or should be on companies' agendas and public reports. Nelmara Arbex, GRI chief advisor on innovation in ...

GRESB appoints two non-executive directors

RACHEL ALEMBAKIS  |  FRIDAY, 9 JAN 2015  |  NEWS
Global Real Estate Sustainability Benchmark (GRESB) has appointed representatives from Norges Bank Investment Management and NAREIT as non-executive directors to its board. Mie Holstad, Chief Administrative Officer at Norges Bank Investment Management ...

Good Shepherd Microfinance, Suncorp pilot microinsurance

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 JAN 2015  |  NEWS
Ed. note: updates with comment from Lisa Harrison, Suncorp Group Good Shepherd Microfinance is piloting a microinsurance policy for renters, in partnership with Suncorp. Good Shepherd Microfinance CEO Adam Mooney The pilot program began late last year ...

Diversity Council Australia urges employer action in 2015

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 JAN 2015  |  NEWS
Diversity Council Australia (DCA) is encouraging employers to develop and implement strategies to increase diversity in the workplace. Lisa Annese, CEO Diversity Council Australia DCA will work with its member organisations to increase cultural diversity ...