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Institutional investors begin analysis of carbon tax impact

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2011  |  NEWS
Now that the government has announced its carbon mitigation scheme, institutional investors and their advisers are weighing how the proposals will impact on their assets and decisions going forward. As outlined Prime Minister Julia Gillard, the proposed ...

Four Australians up for election to UNPRI council

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2011  |  NEWS
... service partner. The election will take place until 25 July and is open to all 900+ PRI signatories. The UNPRI is an investor-led initiative was established to help investors achieve better long-term investment returns and sustainable markets through ...

Institutional investors back carbon tax scheme

RACHEL ALEMBAKIS  |  MONDAY, 11 JUL 2011  |  NEWS
... sectors of the economy will also receive assistance, with a particular focus on supporting trade-exposed industries. The Investor Group on Climate Change (IGCC), a collaborative body of Australian and New Zealand investors with over AU$600 billion in ...

Investor Profile: Victorian Funds Management Corporation

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2011  |  NEWS
... our ASX300 stocks, managing relationships with our external providers, that is our research providers for voting, The Investor Group on Climate Change [IGCC] and the Carbon Disclosure Project [CDP] and Regnan our engagement service provider. Another ...

AustralianSuper hires investment governance manager

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2011  |  NEWS
... Andrew Gray for the newly created position of investment governance manager. "This move will bolster the fund's Active Investor Program which will focus on activities that will enhance or protect the value of the investment portfolio," said Kelly Christodoulou ...

Colonial First State Global Asset Management reports on responsible investment

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2011  |  NEWS
... Principles - Principle 6: We will each report on our activities and progress towards implementing the Principles See Also: Investor Profile: Colonial First State Global Asset Management

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 ...