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Financial System Inquiry recommends on impact investment

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 DEC 2014  |  NEWS
... The Financial System Inquiry final report has endorsed several methods to facilitate the development of the impact investment market in Australia. Ian Learmonth, executive director of impact investing, Social Ventures Australia The Financial System Inquiry ...

Australian Ethical invests in NAB climate bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 DEC 2014  |  NEWS
... bond means it has external, third party verification of its credentials. "Australia is in a prime position to expand investment in the renewable energy sector. Australian Ethical is already a significant investor in renewable energy and energy efficiency ...

NAB issues $150m green bond

RACHEL ALEMBAKIS  |  FRIDAY, 5 DEC 2014  |  NEWS
... Clean Energy Finance Corporation (CEFC) is a cornerstone investor in the bond, committing up to AU$75 million to the investment. "The CEFC has committed to take a cornerstone investment position in NAB's Climate Bond issuance to demonstrate the potential ...

ASX50 companies not making strategic case for sustainability

RACHEL ALEMBAKIS  |  FRIDAY, 5 DEC 2014  |  NEWS
ASX50 companies are identifying sustainability-related megaforces that will impact their businesses' future, but most companies focus on tactical rather than strategic responses to those megatrends, according to a report from the Global Reporting Initiative ...

Altius Asset Management launches sustainable bond fund

RACHEL ALEMBAKIS  |  FRIDAY, 5 DEC 2014  |  NEWS
... fund's defined ESG principles, including the production of armaments, uranium and tobacco said Bill Bovingdon, chief investment officer of Altius. "We were aware that a lot of investors who want to invest witha responsible/sustainable overlay to their ...

Combet calls for return of carbon pricing policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 DEC 2014  |  NEWS
... greenhouse gas emissions reduction will not survive, telling an audience of superannuation funds and funds managers that the investment industry has a role to play in bringing in public policy based on "rational economic thought" and science. Former ...

CEFC looks to increase investment in bioenergy projects

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 DEC 2014  |  NEWS
... and conversions to biofuel, the CEFC said. CEFC's role is to assist projects in overcoming barriers by structuring investment deals that are tailored to a project's characteristics, Dow said. "It's important for the right partnership to be in place to ...

RIAA panel discusses tackling ESG duties, opportunities

RACHEL ALEMBAKIS  |  FRIDAY, 28 NOV 2014  |  NEWS
... to integrate ESG considerations into their operations, according to a panel of experts speaking at the Responsible Investment Association Australasia (RIAA). Sarah Barker, special counsel at Minter Ellison Lawyers and a corporate governance and corporate ...

Sustainalytics considering expansion into Australia

RACHEL ALEMBAKIS  |  FRIDAY, 28 NOV 2014  |  NEWS
... sectors level, at a thematic level, and we're committed' integrate these issues in a way that works for clients' own investment processes. We also want to be present in markets." Jantzi did not provide details on a timeline for the company's expansion ...

The GIIN launches impact investing training programs

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 NOV 2014  |  NEWS
... training program for managers in Sub-Saharan Africa and South Asia. The goal of the training program is to "enable impact investment fund managers in high-growth regions to better attract, deploy and manage capital," the GIIN said. Sub-Saharan Africa ...