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Local Government Super names Joanna Davison director

RACHEL ALEMBAKIS  |  FRIDAY, 1 NOV 2013  |  NEWS
Local Government Super (LGS) has appointed Joanna Davison to its board of directors, replacing Ian Robertson who resigned after 16 years on the board. Davison currently serves as acting chief executive Fund Executives Association Ltd (FEAL).Davison ...

City of Melbourne looks to commercial solar installation

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 OCT 2013  |  NEWS
Ed. note: This article has been updated with information from Cr Arron Wood The City of Melbourne and the Sustainable Melbourne Fund are reaching out to advise non-residential commercial building owners of financing options for cost-effective solar ...

Investors ask companies for information on fossil fuel exposures

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 OCT 2013  |  NEWS
Australian investors have joined a group of 70 global investors calling on the world's top oil and gas, coal and electric power companies to assess the financial risks of climate change to their business. The Carbon Asset Risk (CAR) initiative, coordinated ...

Willingness to pay affects BlackRock sovereign debt scores

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
Political dysfunction in the United States has affected BlackRock's rating of its willingness to repay sovereign debt, according to the quarterly update of the BlackRock Sovereign Risk Index (BSRI). The BSRI focused on the US and what it labels the ...

IIRC asks investors to critique pilot integrated reports

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 OCT 2013  |  NEWS
Annual reports that are based on the integrated reporting framework are useful in communicating a more holistic view of performance than otherwise found in traditional financial reports, according to an investor review for the International Integrated ...

Green bond potential to finance low-carbon chemical industry

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 OCT 2013  |  NEWS
Green bonds could potentially be issued to finance capital investment in the chemical industry, said Sean Kidney, Climate Bonds Initiative CEO. Sean Kidney, Climate Bonds CEO "The latest science shows that carbon emissions in industrialized countries ...

Companies face uncertainty from timing of carbon tax repeal

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2013  |  NEWS
Companies that are currently liable under the carbon pricing mechanism (CPM) face uncertainty over their compliance and potential pricing arrangements if the government's proposed legislation to repeal the price on carbon is not passed by July 2014. ...

Ethinvest rallies support for BHP Billiton board candidate

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2013  |  NEWS
Ethinvest is supporting a campaign to have climate advocate Ian Dunlop appointed to the BHP Board at its November AGM. Trevor Thomas, Ethinvest managing director Ethinvest, an investment advisory firm founded on ethical investment principles, is supporting ...

MSCI launches MSCI ESG DataMetrics

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2013  |  NEWS
MSCI has launched MSCI ESG DataMetrics, a comprehensive set of metrics to facilitate quantitative analysis of environmental, social and environmental data. MSCI ESG DataMetrics can be used in the development of proprietary ESG models and reporting on ...

Northern Trust: investor call for ESG data in private equity

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 OCT 2013  |  NEWS
Institutional investors are refining their limited partnership agreements prior to investing in unlisted private equity funds to reflect environmental, social and governance exclusions and considerations, according to Paul Finlayson, senior vice president ...