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Showing 341 - 350 of 600 results for "profit"

Core Civic, GEO Group flagged for ESG controversies

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2018  |  NEWS
... immigrant detention through a campaign targeting banks JP Morgan Chase and Wells Fargo for providing debt financing for two for-profit prison companies - Core Civic and GEO Group - that operate immigrant detention centres housing people Core Civic and ...

40% of Chinese Coal Power Plants are Losing Money: Carbon Tracker

RACHEL ALEMBAKIS  |  TUESDAY, 16 OCT 2018  |  NEWS
Nearly half of China's coal power stations are making losses, and their owners could save "nearly US$390 billion by closing plants in line with the Paris Climate Agreement," according to an innovative new study by Carbon Tracker, Matthew Gray, Carbon ...

Diverse boards can provide "profitability moat" to future returns

RACHEL ALEMBAKIS  |  FRIDAY, 28 SEP 2018  |  NEWS
The level of board diversity is associated with higher contemporaneous return on equity, and can also be a predictor of a company's ability to protect future profits, according to new research from AXA IM Rosenberg Equities. Kathryn McDonald, director ...

Nanuk Asset Management on sustainability aspects of artificial intelligence

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2018  |  NEWS
Advancements in Artificial intelligence (AI) have led to fundamental changes in industries by "creating commercial solution efficiencies on an unprecedented scale," according to Nanuk Asset Management. Tristan Patience, investment manager, Nanuk Asset ...

Australian Ethical reports AUM of $2.82 billion in full year results

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2018  |  NEWS
Australian Ethical Investment has reported underlying profit after-tax for the 2017-2018 financial year rose 18% to $5.0 million, driven by strong member growth, strong inflows and positive investment performance. Phil Vernon, Australian Ethical Investment ...

US activists target banks over finance to for-profit prisons, detention centres

RACHEL ALEMBAKIS  |  FRIDAY, 3 AUG 2018  |  NEWS
... immigrant detention through a campaign targeting banks JP Morgan Chase and Wells Fargo for providing debt financing for two for-profit prison companies - Core Civic and GEO Group - that operate immigrant detention centres housing people. For the US grassroots ...

UCA Funds Management certified as B Corp, signs Banking and Finance Oath

RACHEL ALEMBAKIS  |  FRIDAY, 27 JUL 2018  |  NEWS
... which identifies businesses and organisations with sustainable and ethical practices. B Corps are certified by the non-profit B Lab as meeting rigorous standards of social and environmental performance, accountability and transparency. "B Corp is to ...

Rosenberg Equities to manage $1bn ESG mandate for CalPERS

RACHEL ALEMBAKIS  |  FRIDAY, 20 JUL 2018  |  NEWS
Rosenberg Equities has been appointed by the California Public Employees' Retirement System (CalPERS) to manage a portfolio of environmental and socially responsible investments. Kathryn McDonald, director of investment strategy, AXA Rosenberg Rosenberg ...

Giant Leap venture capital fund seeks impact businesses for investment

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUN 2018  |  NEWS
... returns with deep social and environmental impact." "The purpose of Giant Leap is to demonstrate that businesses that fuse profit and purpose actually outperform businesses that don't," said Will Richardson, Giant Leap Fund chief investment officer. ...

HESTA commits additional $40m to Social Impact Investment Trust

RACHEL ALEMBAKIS  |  THURSDAY, 7 JUN 2018  |  NEWS
... first dementia village in Glenorchy Tasmania. The development is a partnership between HESTA, SVA, Glenview - a not-for-profit aged care provider, and the Commonwealth Government. Other SVA investments include Horizon Housing, a community housing provider ...