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ASIC guide widens scope of risk, future prospect disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAY 2014  |  NEWS
A regulatory guide released by the Australian Securities and Investments Commission (ASIC) has extended recommendations of how directors should disclose risks and future prospects of a listed company, opening further opportunities for transparency around ...

Net Balance, Gold Standard report on co-benefits value

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAY 2014  |  NEWS
... abatement activity of climate projects can also open up new financing vehicles through either philanthropic support or investment in an emerging area known as results-based finance, Salisbury also noted. "Traditionally in the carbon space, you pre-sell ...

Managing ESG reputation can benefit corporate value

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAY 2014  |  NEWS
... GTQ International Annual Australia ESG Conference, sustainability reporting experts told an audience of corporate and investment professionals that managing sustainability issues is part of managing intangible assets, and that managing a company's reputation ...

Sustainability reporting a source of key business value

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 MAY 2014  |  NEWS
... GTQ International Annual Australia ESG Conference, sustainability reporting experts told an audience of corporate and investment professionals that sustainability reporting has become more sophisticated. Nick Ridehalgh, partner CFO Advisory at KPMG traced ...

Vast Solar begins construction on 6MW solar thermal station

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 MAY 2014  |  NEWS
... processing, brewing, or minerals processing," the company said. The Jemalong Solar Thermal Station is funded by private investment and support from the Australian Renewable Energy Agency (ARENA). The Australian Renewable Energy Agency (ARENA) provided ...

AXA IM develops impact investing fund of funds

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAY 2014  |  NEWS
AXA Investment Managers (AXA IM) is currently developing an impact investment fund of funds strategy, a response to growing client interest to invest into the space. Matt Christensen, global head of responsible investment, AXA IM AXA IM has allocated ...

LGS Taps AMP Capital for social infrastructure

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAY 2014  |  NEWS
... LGS's head of sustainability. Bill Hartnett, head of sustainability, Local Government Super In addition to the fund's investment characteristics, Hartnett also cited CommIF's transparency and the strength of its assets as part of the reason why LGS made ...

Labour rights, NGO activism and governance cited as ESG trends

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAY 2014  |  NEWS
... social and environmental (ESG)issues as an interacting set off factors are all growing trends for 2014, according to investment research and engagement experts. Julia Leske, senior ESG analyst, CAER "If we're going down the top of the list, I would point ...

UCA Funds Management names fossil fuel exclusion stocks

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 MAY 2014  |  NEWS
... methane gas such as coal seam gas through fracking. Natural gas, coking coal and conventional oil remain eligible for investment, and "[w]here a company is a major investor in renewable energy, that interest will be offset from excluded fossil fuels ...

Good Shepherd Microfinance receives more state funding

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAY 2014  |  NEWS
... this evaluation will demonstrate the reach and impact of the program, helping us to build a robust case for long-term investment by the corporate and government sectors." Good Shepherd Microfinance last week released research into the social and economic ...