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Low Carbon Australia finances second Wagga Wagga project

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 OCT 2012  |  NEWS
Low Carbon Australia will finance a second energy upgrade project with the city of Wagga Wagga in New South Wales- the installation of a cogeneration unit at the city's aquatic centre. The AU$780,000 upgrade project at the Wagga Wagga Oasis Aquatic ...

Cruelty Free Super celebrates second birthday

RACHEL ALEMBAKIS  |  FRIDAY, 5 OCT 2012  |  NEWS
High conviction ethical superannuation fund Cruelty Free Super has passed the two year mark, amassing more than 300 members and AU$5m in assets under management. The fund is aiming for AU$10m in assets under management and plans to contribute to the ...

Wesfarmers engagement leads to phosphate sourcing change

RACHEL ALEMBAKIS  |  FRIDAY, 5 OCT 2012  |  NEWS
Wesfarmers has stopped sourcing phosphate rock from Western Sahara, after more than three years of engagement with Christian Super and other stakeholders, the superannuation fund has reported. Since 2009, Christian Super and other parties have spoken ...

ACSI reiterates support for NewsCorp board overhaul

RACHEL ALEMBAKIS  |  FRIDAY, 5 OCT 2012  |  NEWS
The Australian Council of Superannuation Investors (ACSI) is recommending that its membership support shareholder resolutions to calling for an independent chair and non-affiliated board members at NewsCorp. Ann Byrne "ACSI recognises that some change ...

MSCI expands ESG research to fixed income

RACHEL ALEMBAKIS  |  FRIDAY, 5 OCT 2012  |  NEWS
MSCI has broadened its ESG research coverage to include fixed income, offering data to investors for integrating environmental, social and governance factors into their investment process and measuring ESG risk exposure. MSCI's ESG research now covers ...

Bendigo Wealth to provide support to Cool Australia

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 OCT 2012  |  NEWS
Bendigo Wealth has announced a partnership with Cool Australia. The partnership will see Bendigo Wealth, the wealth management division of Bendigo and Adelaide Bank, provide financial support for Cool Australia, a not-for-profit that educates Australian ...

More than 3,000 respond to GRI comment periods

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 OCT 2012  |  NEWS
The Global Reporting Initiative (GRI) has received more than three thousand formal submissions on its G4 next generation reporting guidelines, a record number for the organisation. Nelmara Arbex GRI held two public comment periods - August to November ...

AfricaSIF to survey ESG integration into African investment

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 OCT 2012  |  NEWS
The Africa Sustainable Investment Forum ( AfricaSIF.org ), a pan-African network promoting investment in sustainable development, has launched a research project to gauge how environmental, social and governance (ESG) factors are integrated into investment ...

Q&A with Meg McDonald, CEO Low Carbon Australia

RACHEL ALEMBAKIS  |  FRIDAY, 28 SEP 2012  |  NEWS
Meg McDonald is the CEO of Low Carbon Australia (LCAL), an independent company established in 2010 by the Australian government. LCAL manages an AU$84.6m investment fund which provides finance to improve energy efficiency and achieve carbon abatement ...

Kidney: Australia should look to fund NBN with green bond

RACHEL ALEMBAKIS  |  FRIDAY, 28 SEP 2012  |  NEWS
Green bonds are proving a popular option with investors, with demand exceeding supply in a recent regional French environmental bond. Sean Kidney, executive chair of the Climate Bonds Initiative says that the investor interest in green bonds should ...