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UCA Funds Management appoints Terry McCredden to board

RACHEL ALEMBAKIS  |  FRIDAY, 1 NOV 2013  |  NEWS
... recently appointed chairman of Infradebt, a start-up boutique infrastructure manager. McCredden is a leader in responsible investment and ESG integration, UCA Funds Management said, noting that in 2011, UniSuper had $600m in its responsible Investment ...

Local Government Super names Joanna Davison director

RACHEL ALEMBAKIS  |  FRIDAY, 1 NOV 2013  |  NEWS
... not only of the importance of sustainability in investing but of how to successfully address ESG issues in everyday investment planning and practice, makes her an excellent choice for the board. We are pleased to welcome her and look forward to working ...

City of Melbourne looks to commercial solar installation

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 OCT 2013  |  NEWS
... repayment structure and its existence as a statutory charge makes the EUAs a form of senior debt, with significantly less investment risk to investors. It also matches the duration of energy efficiency savings. EUAs can only be used on non-residential ...

Investors ask companies for information on fossil fuel exposures

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 OCT 2013  |  NEWS
... annual shareholder meetings in early 2014. Local Government Super, Christian Super, LUCRF Super, Australian Ethical Investment and Five Oceans Asset Management are part of the initiative. "We would like to understand [the company's] reserve exposure ...

ARENA announces launch of wave-to-electricity unit

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
... million project received AU$4.4 million through ARENA's Emerging Renewables Program with $4.4 million funding. "Our investment aims to demonstrate the technology and share lessons learnt to catalyse future projects," said Ivor Frischknecht, ARENA CEO. ...

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 ...

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 ...

Ethinvest rallies support for BHP Billiton board candidate

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2013  |  NEWS
... 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 Dunlop's candidacy based on his credentials as both a ...

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
... are extending their ESG analysis to unlisted assets including private equity. "When it comes to [socially responsible investment] SRI investor implications, it often comes down to the headline risk," Finlayson said. "Often, there is the headline risk ...