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TCorp issues record-breaking $1.8bn Sustainability Bond

RACHEL ALEMBAKIS  |  FRIDAY, 15 NOV 2019  |  NEWS
TCorp has set another record in issuing a new $1.8 billion Sustainability Bond based on both green and social assets. Fiona Trigona, head of funding and balance sheet, TCorp TCorp, the investment and financial management partner of the New South Wales ...

Neoen Numurkah Solar Farm commences operations in Victoria

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUL 2019  |  NEWS
... provided $56 million in finance for the $198 million project, and the CEFC, described Numurkah Solar Farm as a "path-breaking example of how solar energy can deliver a cost-effective solution for Victoria's energy-intensive manufacturers." "We are very ...

AllianceBernstein launches Australian low-carbon equities strategy

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2019  |  NEWS
... which those outcomes are achieved," said Maslen. "These attributes, in our view, make Green MVE an attractive and ground-breaking addition to the universe of available low-carbon investment strategies." This is the CEFC's first investment in listed equities ...

Investors, credit ratings agencies grapple with ESG impacts on ratings: PRI

RACHEL ALEMBAKIS  |  THURSDAY, 14 JUN 2018  |  NEWS
... inertia is another obstacle," the report said. "While some investors and CRAs are making headway, for other market players breaking down barriers, addressing siloed work practices and securing internal buy-in is challenging. Another hurdle is how to ...

NAB, Life Without Barriers launch social benefit bond

RACHEL ALEMBAKIS  |  FRIDAY, 8 SEP 2017  |  NEWS
... agent will be appointed, but that's not needed until year three." The program has proven to deliver effective results in breaking young offenders out of a cycle of reoffending, said Claire Robbs, LWB chief executive officer. "Without a change from repeat ...

Colonial First State Global Asset Management publish stewardship report

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2017  |  NEWS
... way that carbon intensity is calculated, if you don't break it down by sector, you get fairly meaningless figures. By breaking the footprinting down by sector in the way we have, you can see whether, on average, the team is investing in more efficient ...

IIRC to hold comment period to review first three years of Integrated Reporting

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2017  |  NEWS
... as Japan and South Africa. This rapid adoption demonstrates the market view of the International Framework as a ground-breaking and beneficial tool. It's now time for us to further assess how this tool is being used to assist the quality of the reporting ...

Government issues discussion paper on social impact investing market

RACHEL ALEMBAKIS  |  FRIDAY, 17 FEB 2017  |  NEWS
... million financial vehicle that will fund innovation for "improved social and community outcomes on the agenda in a ground-breaking proposal combining capital and mission to create impact for society," according to Impact Investing Australia. "The key ...

Northern Trust Asset Management launches GRESB-based real estate index

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2017  |  NEWS
... East and Africa at Northern Trust Asset Management. "We are delighted to collaborate with GRESB to create this ground breaking index and to launch a fund which tracks the index. This enables passive investors to benefit from the long-term returns associated ...

Impact Investing Australia to develop Impact Capital Australia

RACHEL ALEMBAKIS  |  FRIDAY, 15 JAN 2016  |  NEWS
... million financial vehicle that will fund innovation for "improved social and community outcomes on the agenda in a ground-breaking proposal combining capital and mission to create impact for society," according to Impact Investing Australia. Impact Investing ...