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CEFC reports $837m in commitments for 2015-2016

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2016  |  NEWS
... Finance Corporation (CEFC) CEO Since inception in 2013, the CEFC has committed AU$2.3 billion, contributing to projects with a total value of AU$5.7 billion. "The CEFC is fulfilling its leadership role in transforming clean energy investment in the Australian ...

ARENA provides $9.9 million funding to New Gullan Range Wind Farm

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2016  |  NEWS
... Wind Farm (NGRWF) estimates that co-location savings for the solar farm could be as high as AU$6 million, or a 20% drop in total project cost, Frischknecht said. NGRWF is jointly owned by Beijing and Jingneng Clean Energy (75%) and Goldwind Capital Australia ...

New Zealand responsible investment tops NZ$78bn: RIAA

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2016  |  NEWS
... 2016 New Zealand Responsible Investment Benchmark Report, which found that NZ$78.7 billion is now invested responsibly. Total assets under management in responsible investment has increased by 28%, lead strongly by large crown financial institutions. ...

Responsible investment AUM tops AU$630 billion: RIAA

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JUL 2016  |  NEWS
... engagement. According to the RIAA benchmark report, 15 leading asset managers implementing the ESG integration approach manage a total of AU$582 billion in assets under management, representing 43% of total assets under management in Australia. "We now ...

Climate-aligned bonds total US$694bn: Climate Bonds Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2016  |  NEWS
... is a broad survey of the climate-aligned universe and found that the Chinese RMB is the dominant currency at 35% of the total amount outstanding, followed by the US dollar at 24% and the Euro at 16%. The report noted that for the first time, the Indian ...

Women comprise 42% of 2016 ASX200 board appointments: AICD

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUN 2016  |  NEWS
... have appointed more female directors and encourage others to follow their example so that we can reach our 30% target." In total, 53 ASX 200 companies have reached the 30% target, but 20 companies in the ASX200 do not have any female directors at all. ...

Dimensional Fund Advisors launches Global Sustainability Trust

RACHEL ALEMBAKIS  |  FRIDAY, 10 JUN 2016  |  NEWS
... attracted AU$50 million to $100 million in the first year, Parker said. Dimensional Fund Advisors manages about $500 billion in total globally. Of that, it manages about $35 billion in portfolios that encompass social or environmental considerations. ...

Westpac Group issues $500m climate bond

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAY 2016  |  NEWS
... around global bonds, there is an alignment about assurance and confidence." The renewable energy generation projects have a total capacity of approximately 800MW, Westpac noted, and they are capable of producing an estimated 2,400 gigawatt hours of energy ...

CEFC commits to Westpac Efficient Financing Program

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 MAY 2016  |  NEWS
... energy programs," Welsh said. Westpac Group has increased its proportion of renewable energy financing from 45% to 61% of its total electricity generation portfolio over the past five years. The bank's lending to the CleanTech sector was AU$6.1 billion ...

AODP releases 2016 Global Climate 500 Index

RACHEL ALEMBAKIS  |  FRIDAY, 6 MAY 2016  |  NEWS
... the world's 500 biggest asset owners - pension funds, insurers, sovereign wealth funds, foundations and endowments with a total of $US37 trillion assets under management (AUM) - on management of climate risk within their portfolios. The rankings are ...