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Catholic Super hires investment manager for sustainability

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUN 2011  |  NEWS
... 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 investment ...

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 ...

Ceres, Tellus Institute to design sustainability ratings standard

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUN 2011  |  NEWS
Ceres and Tellus Institute have launched an initiative to create a new, single ratings standard for sustainability performance of companies. The Global Initiative for Sustainability Ratings (GISR) will be modelled on the Global Reporting Initiative ...

Climate change issues integrated into investment decisions

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 JUN 2011  |  NEWS
Institutional investors globally view climate change as a material investment risk/opportunity, and most frequently look to their listed equity portfolio when considering climate change issues, according to a Mercer study commissioned by international ...

Integrating ESG to enhance quantitative-style investment analysis

RACHEL ALEMBAKIS  |  FRIDAY, 10 JUN 2011  |  NEWS
... 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 are grappling ...

Swan: carbon price vital for first-rate, first-world economy

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 JUN 2011  |  NEWS
Putting a price on carbon emissions is the only way to drive investment in cleaner energy innovation, and failing to do so would condemn Australia to becoming "an old-world, high-polluting technological backwater," Treasurer Wayne Swan said in a speech ...

Investor Profile: Australian Ethical Investment

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2011  |  NEWS
James Thier is a a founding director of Australian Ethical Investment, a fund manager with AU$650m in assets under management that has specialised in ethical and sustainable investment since its 1986 inception. In addition to specialist funds, Australian ...

Goodman Group announces DIISR building development win

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAY 2011  |  NEWS
... such as energy, water, waste and indoor environment. Precinct Corporate Centre is 100% owned by Goodman Australia Industrial Fund and located within the North Ryde Riverside Corporate Centre Precinct. "DIISR is an existing Goodman customer, through NMI ...

Investor Profile: Colonial First State Global Asset Management

RACHEL ALEMBAKIS  |  FRIDAY, 20 MAY 2011  |  NEWS
... lot of investors together and then looking at ways they can collaborate. If you look now, the biggest two challenges for a fund manager when they start looking at ESG, the first is around getting access to data that is consistent and comparable that ...

ANZ publishes interim corporate responsibility report

RACHEL ALEMBAKIS  |  FRIDAY, 20 MAY 2011  |  NEWS
... and per million dollar of revenue - our emissions are down 2% and 42% respectively compared to last financial year." One fund manager was skeptical of ANZ's decision to release an interim report. "Once a year is enough in my personal opinion," said Michael ...