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CEFC study advocates demand management for electricity use

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 JUL 2013  |  NEWS
... bills, which have increased in real terms by 70 per cent between June 2007 and December 2012. About $15 billion of this investment is earmarked to meet growth in demand. Meanwhile overall electricity consumption has been falling not growing." Achieving ...

Christian Super invests in microinsurance

RACHEL ALEMBAKIS  |  FRIDAY, 19 JUL 2013  |  NEWS
... stewardship principles to retirement savings, according to its website. "As a fund, we're really excited about the investment," Murphy said. "We think that that ethical investment shouldn't be defined about what we don't do, it should be defined by what ...

PRI working group calls for sustainable palm oil commitments

RACHEL ALEMBAKIS  |  FRIDAY, 19 JUL 2013  |  NEWS
A coalition of signatories to the Principles for Responsible Investment (PRI) - including Australian superannuation funds - have called on palm oil companies to comply with the Roundtable on Sustainable Palm Oil (RSPO) Principles and Criteria. The signatories ...

Mandatory GHG disclosures for British listed companies

RACHEL ALEMBAKIS  |  FRIDAY, 19 JUL 2013  |  NEWS
... regulation creates a level playing field. "We understand what data investors are seeking from companies to inform their investment decision-making," said Frances Way, CDP's co-chief operating officer. "Disclosure to CDP already goes beyond the requirements ...

CEFC in active discussions with project proponents

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 JUL 2013  |  NEWS
... cutting the Carbon Farming Futures program's forward funding by AU$143 million, as well as cuts to the Clean Technology Investment Program. The CEFC will continue examining new investments, Yates said. "We are open to new investment proposals on a continuous ...

LGS joins Investor Statement on Bangladesh

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUL 2013  |  NEWS
... production to Bangladesh. LGS signed on to the accord after hearing about it through the UN Principles for Responsible Investment (PRI) clearinghouse, said Bill Hartnett, head of sustainability at LGS. "When you're looking at issues around the supply ...

RIAA: Responsible Investment portfolios continue to grow

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUL 2013  |  NEWS
Responsible investment portfolios in Australia managed AU$152 billion or 16% of total assets under management last year, and core responsible investment funds are outperforming the benchmark of mainstream funds, according to the Responsible Investment ...

Impax Asset Management makes case for fossil fuel divestment

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUL 2013  |  NEWS
... with an actively managed allocation of stocks "selected from a wider range of resource optimisation and environmental investment opportunities." The resulting portfolios were analysed over five, and where possible, seven year time horizons. "The results ...

LUCRF Community Partnership Trust opens in South Australia

RACHEL ALEMBAKIS  |  FRIDAY, 5 JUL 2013  |  NEWS
... marketing budget and because LUCRF uses the CPT's work as a way of marketing itself, it does not conflict with trustee's investment obligations under the sole purpose test. "We worked the program through the regulator some time ago and the regulators ...

Byrne: Investors' ESG risk awareness increase biggest change

RACHEL ALEMBAKIS  |  FRIDAY, 5 JUL 2013  |  NEWS
... risk issues. "I think one of the biggest changes is really a recognition by an increasing number of investors that ESG investment risk matters," she said. "That's reflected in a number of ways - in the questions that analysts and superannuation funds ...