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Clean Energy Council: keep Renewable Energy Target

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2012  |  NEWS
... Energy Council (CEC) has called upon the federal government to retain the 20% Renewable Energy Target (RET) to ensure investment-grade stability and drive job creation in the renewable energy industry. The Climate Change Authority is reviewing the target ...

Local Government Super recognised at Green Globe Awards

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 SEP 2012  |  NEWS
... decade-long commitment to environmental leadership," said Peter Lambert, LGS CEO. "Firstly our approach makes good long-term investment sense by reducing environmental risks and seeking low carbon investment opportunities. Secondly, sustainability issues ...

Omega Global Investors hires investment research analyst

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 SEP 2012  |  NEWS
Fund manager Omega Global Investors has hired Andrew Cleeland as investment research analyst. Andrew Cleeland Cleeland comes to Omega from Austock, where he was a quantitative analyst for five years. He specialises in quantitative research and analysis ...

Australian property continues to lead GRESB performers

RACHEL ALEMBAKIS  |  FRIDAY, 7 SEP 2012  |  NEWS
... 40% of respondents are considered Green Starters," with limited disclosure of sustainability performance towards the investment community. See Also: Australian property funds top GRESB list

UNPRI signatories name corporate ESG engagement issues

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 SEP 2012  |  NEWS
United Nations Principles for Responsible Investment (PRI) signatories say that executive remuneration, climate change and supply chain labour standards are "priority areas of engagement" with invested companies in the next year. These areas of engagement ...

Solaris Investment Management augments distribution

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 SEP 2012  |  NEWS
Solaris Investment Management has hired Neale Goldston-Morris as investment specialist, representing the fund manager to the institutional investment market. Goldston-Morris comes to Solaris from Macquarie Securities, where he was director, head of ...

PRI commitment spurs high-level action by Neuberger Berman

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2012  |  NEWS
Global fund manager Neuberger Berman has signed the Principles for Responsible Investment, and is integrating the PRI's commitments into its operational structure, a process that is causing the firm to utilise its resources in new ways. Lucas Rooney ...

ASIC affirms October deadline for carbon trading AFS licence

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2012  |  NEWS
Institutions that intend to provide financial services in carbon units under the federal pricing regime have until the end of October to apply to the Australian Securities and Investments Commission (ASIC) for an Australian financial services (AFS) ...

Investors, traders welcome Australian/EU ETS linkage

RACHEL ALEMBAKIS  |  THURSDAY, 30 AUG 2012  |  NEWS
... duration of a price floor," said Nathan Fabian, IGCC CEO. "The end game for global investors is low cost abatement and investment in carbon competitive industries. Linking the Australian and EU schemes supports both of these objectives. We originally ...

ACSI to target exec bonus disclosure, voting rights at AGMs

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2012  |  NEWS
The Australian Council of Superannuation Investors (ACSI) will focus on increased disclosure of executive bonuses, the 'no vacancy' rule, director elections, capital raising and pre-emptive rights and poll voting as the key issues underpinning the proxy ...