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Mercer ratings demonstrate challenge of integrating ESG

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 FEB 2012  |  NEWS
Mercer only gave 9% of more than 5,000 environmental, social and governance (ESG) investment strategies in their database their highest ratings because their evaluation is based on how strategies integrate ESG into the active construction of portfolio ...

LGS select MSCI for ESG and carbon research, monitoring

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 FEB 2012  |  NEWS
... ESG and carbon characteristics of its portfolios. "Local Government Super believes that a well-developed responsible investment strategy can both assist in generating long-term risk-controlled investment returns, while also aligning ourselves with our ...

Australian Ethical appoints Louise Herron director

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 FEB 2012  |  NEWS
Australian Ethical Investment has appointed Louise Herron as a non-executive director. Herron, a lawyer and corporate adviser, is currently executive director of corporate advisory firm Ironbark Group, which she co-founded in 2007. She has worked as ...

Corporate Social Responsibility as driver of innovation

RACHEL ALEMBAKIS  |  FRIDAY, 17 FEB 2012  |  NEWS
... return for investors as well as achieve social outcomes. DEEWR oversees the AU$20m Social Enterprise Development and Investment Fund (SEDIF), which was established to improve social enterprises' access to finance to help them grow their business and ...

Investors to call on ERSB to investigate carbon asset risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2012  |  NEWS
... invited the signatories to meet. Signatories included Paul Abberley, chief executive of Aviva Investors London and Global Investment Solutions, Ben Caldecott, head of policy, advisory, Climate Change Capital, James Cameron, founder and vice-chairman ...

Australian Ethical names new chief investment officer

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2012  |  NEWS
David Macri has been named Australian Ethical's new chief investment officer, while outgoing CIO James Jordan has decided to return to his career in the Australian public service. Macri was hired by Australian Ethical in 2009 as an equities analyst ...

Mercer gives top rating to 9% of ESG strategies

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 FEB 2012  |  NEWS
Only 9% of more than 5,000 investment strategies in Mercer database achieve the highest ratings on environmental, social and governance (ESG) ratings. Mercer has rated strategies within its Global Investment Manager Database (GIMD) for ESG since 2008 ...

Call for working group on shareholder resolution reform

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2012  |  NEWS
Ethinvest, an investment advisory firm, is forming a working group to lobby for changes to address what the managing director calls a lack of clarity around the process of putting shareholder resolutions to an annual general meeting (AGM). Trevor Thomas ...

Debate over setting surrender charges for carbon units

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2012  |  NEWS
... about with additional costs in option three, but nonetheless, it's not material and it's not going to influence the investment decisions. By the same token, balancing the view of some in our membership and have that market liquidity is a good thing ...

Finsia: ESG consistent with superannuation fiduciary duties

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2012  |  NEWS
Integrating environmental, social and governance (ESG) factors into investment processes is "entirely consistent" with the fiduciary duties of superannuation trustees, the Financial Services Institute of Australasia (Finsia) said in a newly published ...