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Draft Low Carbon Transport Standard issued for bonds

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 OCT 2015  |  NEWS
... for low carbon transport." Transport systems are responsible for 23% of energy-related CO2 emissions globally, and 14% of total greenhouse gas emission, the Climate Bonds Initiative said. The Climate Bonds Initiative cited IEA statistics stating that ...

Wesfarmers publishes 2015 sustainability report

RACHEL ALEMBAKIS  |  FRIDAY, 23 OCT 2015  |  NEWS
... operations and non-trading items, according to the company. In terms of its sustainability performance, Wesfarmers reduced the total recordable injury frequency rate by 7.5% during the 2014/2015 financial year and increased its hiring of Indigenous Australians ...

Climate Bonds Initiative to release V2.0 standards this month

RACHEL ALEMBAKIS  |  FRIDAY, 9 OCT 2015  |  NEWS
... that low carbon transport constituted the lion's share of climate-aligned bond issuance, at US$418.8 billion, or 70% of the total, followed by clean energy, which made up 20%, or US$118.4 billion. The remaining 10% of bonds came from buildings and industry ...

Diversity Council Australia rates Asia capability

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 SEP 2015  |  NEWS
... Asian markets. The report notes that seven out of Australia's top ten export markets are in Asia, and constitute 66% of total export market, while Asia's consumer demand is worth US$10 trillion annually. "This report actually examines the level of Asia ...

US pension suit points to potential fiduciary risks: MinterEllison

RACHEL ALEMBAKIS  |  FRIDAY, 11 SEP 2015  |  NEWS
... Australian superannuation fund that was a heavily invested in a single stock - the Arch Coal Inc Employee Thrift Plan had 5.4% of total plan assets in company stock at the beginning of the three and a half year claim period however the number of shares ...

CEFC commits $250m to large scale solar

RACHEL ALEMBAKIS  |  FRIDAY, 11 SEP 2015  |  NEWS
... line with international trends," Dow said. "CEFC finance is currently supporting the development of about a third of the total 300MW of large scale solar currently installed or under construction in Australia. This additional funding is a significant ...

Investors launch GRESB Infrastructure

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 SEP 2015  |  NEWS
... -GRESB cited statistics that 28% of pension funds now invest in infrastructure, with an average allocation of less than 1% of total assets under management. Infrastructure can also provide " sustainable economic growth by delivering key societal benefits ...

Average CEO pay increased in 2014: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 4 SEP 2015  |  NEWS
... "through exercising options and performance rights, along with the vesting of shares under long term incentive schemes, the total value of cash and equity received in the year jumped to $171.4 million," according to CEO Pay in ASX200 Companies. "These ...

Human rights considerations part of trustee board obligations

RACHEL ALEMBAKIS  |  FRIDAY, 28 AUG 2015  |  NEWS
... 2014, screening approaches - negative, positive, best-in-class, and norms-based screens - made up AU$21.36 billion out of a total universe of AU629 billion broad responsible investment assets under management. RIAA defined norms- based screening as screening ...

Demand for ethical products strong: Ethical Advisers' Co-Op

RACHEL ALEMBAKIS  |  FRIDAY, 28 AUG 2015  |  NEWS
... their particular issues like climate change and the impacts of divestment." See Also: Responsible investment reaches 50% total AUM: RIAA Ethical Advisers' Co-operative AUM reach nearly $1 billion