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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 ...

FlexiGroup prices first green asset-backed security transaction

RACHEL ALEMBAKIS  |  FRIDAY, 22 APR 2016  |  NEWS
... bonds have grown from under US$5 billion in 2010 to nearly $42 billion in 2015. Bloomberg New Energy Finance reported a total of $15 billion in new green bonds worldwide in the first quarter of 2016, CEFC noted.

Foresight Group hires Gary Sofarelli for Sydney office

RACHEL ALEMBAKIS  |  FRIDAY, 1 APR 2016  |  NEWS
... offices London, Manchester, Nottingham, Rome and San Francisco. Foresight's portfolio of environmental projects in the UK total 126MW of generation capacity once operation and an annual carbon abatement of more than 1 million tonnes CO2e. Foresight manages ...

Demand exceeds supply in Australian green bond market

RACHEL ALEMBAKIS  |  THURSDAY, 24 MAR 2016  |  NEWS
... Australian domestic market. The AU$40 billion UniSuper is the lead investor in the issuance, taking AU$100 million of the total bond. The bond was placed with 15 investors in total, including Aberdeen Asset Management, AMP Capital, Australian Ethical ...

Controlled companies underperformed non-controlled firms: IRRCi

RACHEL ALEMBAKIS  |  FRIDAY, 18 MAR 2016  |  NEWS
... companies underperform non-controlled firms on one-, three-, five- and 10-year periods over various financial metrics - total shareholder returns, revenue growth, return on equity and dividend payout ratios. However, controlled companies outperformed ...

Impact Investing Australia launches inaugural Australian survey

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAR 2016  |  NEWS
... very small proportions of an entity or individual's overall portfolio - respondents to the survey reported less than 10% of total assets under management are allocated to impact investment strategies or vehicles, and the majority of portfolios had fewer ...