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oekom research: ESG ratings improve bond performance

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 OCT 2014  |  NEWS
... Portfolio Large Caps (PPLC) - large companies rated best-in-class from a sustainability point of view - to the wider MSCI World Total Return Index for the peiord of January 2005 through December 2013. The PPLC weighted by market capitalisation achieved ...

CDP recognise ASX companies for climate action

RACHEL ALEMBAKIS  |  FRIDAY, 17 OCT 2014  |  NEWS
... Globally, the climate leaders include BMW, Samsung Electronics and Unilever, and climate performance leaders have reduced their total (absolute) emissions by 33 million metric tons in the past reporting year, "equivalent to around nine months of greenhouse ...

ARENA, NT government fund $55m PV project

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 OCT 2014  |  NEWS
... partnering with Indigenous Essential Services - a subsidiary of PWC - to deliver this exciting project, which will see a total of 10 MW of solar PV constructed at more than 30 remote communities in the NT," said Ivor Frischknecht, ARENA CEO. "This project ...

Corporate governance: moving to "owner relations" model

RACHEL ALEMBAKIS  |  FRIDAY, 3 OCT 2014  |  NEWS
As institutional investors and boards of listed companies increase their frequency and depth of communication around environmental, social and corporate governance governance issues, there has been an evolution on the part of some companies in the understanding ...

SEFA finances three social enterprise projects

RACHEL ALEMBAKIS  |  FRIDAY, 26 SEP 2014  |  NEWS
... Finance Australia (SEFA) has made three new loans to social enterprises in Queensland and New South Wales, bringing their total loan book up to AU$7.5 million. Ben Gales, SEFA CEO The three loans were made to MiHaven Property Fund to support Indigenous ...

Investors commit to growing green bond market

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 SEP 2014  |  NEWS
... end of 2015." Over US$25 billion in green bonds have been issued this year, and the Climate Bonds Initiative predicts a total of US$40 billion for 2014 and US$100bn in 2015. "Enormous opportunity exists to develop green bond financing in the coming year ...

ACSI: CEO pay, termination pay drop for FY13

RACHEL ALEMBAKIS  |  FRIDAY, 19 SEP 2014  |  NEWS
The average total statutory pay package of ASX200 CEOs was AU$4.84 million in 2013, which is 63 times average earnings, a 33% drop below the 2007 peak of 94 times average earnings, according to the Australian Council of Superannuation Investors (ACSI). ...

DJSI 2014 review names ASX companies industry leaders

RACHEL ALEMBAKIS  |  FRIDAY, 12 SEP 2014  |  NEWS
... that the DJSI provides an excellent tool to measure the effectiveness of their sustainability strategies. In 15 years, the total number of companies we assess has more than quadrupled. We have also developed new sustainability benchmarks for investors ...

Local property companies continue GRESB outperformance

RACHEL ALEMBAKIS  |  FRIDAY, 5 SEP 2014  |  NEWS
... part of GRESB helps build our knowledge of these matters amongst like-minded investors that share that view." Entities' total GRESB score is also ranked on two dimensions to generate GRESB's quadrant model. The score is ranked on two dimensions - management ...

AMP Capital invests in Alterra Power Corporation

RACHEL ALEMBAKIS  |  FRIDAY, 5 SEP 2014  |  NEWS
AMP Capital's Infrastructure Debt Fund II has invested more than C$100m in Alterra Power Corporation, a global renewable energy company headquartered in British Columbia. AMP Capital has structured a C$110 million subordinated loan facility for Alterra ...