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Showing 31 - 40 of 64 results for "REIT"

SSGA to use proxy vote over ethnic, racial diversity

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JAN 2021  |  NEWS
Racial and ethnic inequity is a systemic risk that "threatens lives, companies, communities, and our economy," according to one of the largest global fund managers. State Street Global Advisors (SSGA) president and CEO Cyrus Taraporevala has issued ...

Companies pledge 100% renewable energy by 2025

RACHEL ALEMBAKIS  |  FRIDAY, 13 NOV 2020  |  NEWS
... industrial REITs found most prefer to own, and therefore control, solar panels rather than outsource to a third party. "The REIT landlords indicated that the return on investment over the useful life of the panels is typically in line with the internal ...

Government reforms aim for increased super transparency

RACHEL ALEMBAKIS  |  THURSDAY, 8 OCT 2020  |  NEWS
The government's latest proposed reforms to superannuation have raised concerns that they might impinge on funds' ability to use ESG investing strategies. In Tuesday's budget speech, Treasurer Josh Frydenberg introduced the Your Super, Your ...

Super fund ESG option tops charts with investment returns

RACHEL ALEMBAKIS  |  THURSDAY, 8 OCT 2020  |  NEWS
... Enphase Energy, East Japan Railway, Kingspan Group, Vmware, Xylem, Alstom, Siemens Gamesa Renewable Energy, Nippon Prologis REIT, Kilroy Realty Corp, Plug Power, Ballard Power Systems, Douglas Emmett, and Mapletree Commercial Trust. "The Global Environmental ...

ESG scores linked to higher stock valuation: Bank of America

RACHEL ALEMBAKIS  |  THURSDAY, 24 SEP 2020  |  NEWS
Stocks with higher environmental, social and governance (ESG) scores have outperformed companies with lower ESG scores, according to Bank of America. Good ESG companies typically have better return on equity, lower earnings volatility and lower share ...

Hong Kong regulators establish sustainable finance steering group

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2020  |  NEWS
... Hong Kong Special Administrative Region (HKSAR) government released its inaugural green bond, a US$1 billion issuance, Link REIT issued a US$510 million benchmark, and US$460 million green loan to Capital Court Limited coming close. Hysan was the most ...

Global green bond market continues to grow, expand: J.P. Morgan

RACHEL ALEMBAKIS  |  FRIDAY, 17 JAN 2020  |  NEWS
... March 2019 issuance by Link Asset Management as one example of a HK$4 billion green convertible bond at 1.6% p.a. "The Link REIT green bond in Hong Kong is particularly interesting because it's the first benchmark convertible green bond," she said. "It's ...

G7 Ministers statement supports growth of the impact investing market

RACHEL ALEMBAKIS  |  FRIDAY, 5 JUL 2019  |  NEWS
G7 ministers responsible for development cooperation have released a statement supporting the growth of the impact investing market as a "meaningful and efficient financing approach" to achieving the Sustainable Development Goals (SDGs). In the statement ...

Australia, New Zealand real estate tops GRESB benchmark

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2018  |  NEWS
Australia and New Zealand's real estate sector has outperformed other regions in environmental, social and governance (ESG) performance for the eighth year in a row, according to the 2018 GRESB benchmark. (Source: GRESB) This year, the region achieved ...

US activists target banks over finance to for-profit prisons, detention centres

RACHEL ALEMBAKIS  |  FRIDAY, 3 AUG 2018  |  NEWS
... because without the financing, Core Civic and GEO Group could not survive." Habibi noted that GEO Group is structured as a REIT and is building new prisons and detention centres, citing specifically a 2017 contract from the US government's U.S. Immigration ...