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Sustainable Melbourne Fund, ARENA, extend partnership in Victoria

RACHEL ALEMBAKIS  |  FRIDAY, 18 AUG 2017  |  NEWS
... partnership middle of 2016 with ARENA, and since then, we've signed up 14 councils. I think that the initial $8.25 million is a total of 13 EUAs." The program expansion will allow nearly half of all local governments within Victoria to EUFs, SMF said. ...

Less than half of ASX100 companies have exec-level technologist: Calastone

RACHEL ALEMBAKIS  |  FRIDAY, 18 AUG 2017  |  NEWS
... robo-advice and machine learning as technologies that will drive disruption in the financial services sector. There are a total of 38 companies with technologists in leadership roles on the ASX, up from seven in 2011. Meanwhile, there are nine companies ...

Ethical investment a power tool for member engagement: Australian Ethical

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2017  |  NEWS
... sustainability themed investments and impact investments - grew by 26% over the past year to $64.9 billion, representing 4.5% of total assets under management. While in and of itself, the growth in responsible and ethical investment is a positive for ...

WA ranks 8th globally in National Resource Governance Institute assessment

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2017  |  NEWS
... taxation and budgeting performance is weak or poor. The world's largest producer of iron ore, Australia's mineral reserves total 21 billion metric tons and its mining sector contributes 31% to total exports." NRGI's report found that the majority of ...

CEFC commits to large-scale solar projects developed by Edify Energy

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2017  |  NEWS
... carbon emissions annually, and generate enough power for an estimated 73,000 homes. Earlier this year the CEFC committed a total of $77 million to three other Edify Energy projects - the Whitsunday and Hamilton solar farms, and the 50 MW (AC) Gannawarra ...

Negatively screened funds grow by over 2500% in New Zealand: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 4 AUG 2017  |  NEWS
... Zealand has seen a massive influx of funds in 2016, with negatively screened funds growing by over 2500% and reaching a total of NZ$42.7 billion, according to the Responsible Investment Association Australasia (RIAA). Growth in screened funds categories ...

Responsible Investment assets top $622 billion: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2017  |  NEWS
... sustainability themed investments and impact investments - grew by 26% over the past year to $64.9 billion, representing 4.5% of total assets under management. "The jump in core responsible investments is the really most significant shift, and what we ...

Mining sector showing "signs of progress" on emissions management, face continued risk: CDP

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2017  |  NEWS
... metrics in their CEOs' remuneration plan, emissions or climate related compensation typically accounts for 5% or less of total remuneration." In addition to carbon emissions and energy intensity, CDP also examined miners' exposures to water stress. "The ...

Task Force on Climate-related Financial Disclosures releases final report

RACHEL ALEMBAKIS  |  FRIDAY, 30 JUN 2017  |  NEWS
... a "few questions" for the TCFD around language in the definitions of financial filings and mainstream reporting, but in total, the CDSB is in agreement with the final recommendations of the TCFD. "Now it's time for everyone to get together and commit ...

Nuveen launches two new ESG exchange traded funds

RACHEL ALEMBAKIS  |  FRIDAY, 30 JUN 2017  |  NEWS
... explained the approach that Nuveen and the thinking behind launching ESG ETFs. Nuveen currently offers seven ESG ETFs, with a total of US$70 million invested. There has been wide interest in the ETFs in the US, O'Brien said. "Increasing investor interest ...