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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 ...

International Integrated Reporting Committee seeks pilot test participants

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 JUN 2011  |  NEWS
... deadline, for companies wishing to join phases 2 and 3, is 29 July 2011. The pilot program encompasses companies and the investor community, with expert support from the IIRC secretariat and peer group feedback from other participants in the program. ...

Integrating ESG to enhance quantitative-style investment analysis

RACHEL ALEMBAKIS  |  FRIDAY, 10 JUN 2011  |  NEWS
... facing," Fryer said. "They're taking a clear commitment to ESG factors and to generating long term return. The average investor entering a fund is going to be in the fund for something like 40 years. That's something that's a moving fast and superfunds ...

Investor Profile: Australian Ethical Investment

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2011  |  NEWS
... charter which is our broad principles on what we want to support and what we want to avoid. We are largely a thematic investor. We have certain themes we want to be involved in, apart from the fact that we want to avoid certain areas. The ESG part is ...

New water accounting standard to measure quantity, rights and obligations

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2011  |  NEWS
The Water Accounting Standards Board (WASB) is in the process of developing the Australian Water Accounting Standard (AWAS), which will quantify information about water, rights and other claims to water, and obligations against water. The preliminary ...