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SVA calls for $200-250m funding for social investment bank

RACHEL ALEMBAKIS  |  FRIDAY, 29 AUG 2014  |  NEWS
The government should seed a social investment bank with AU$200-250 million of debt or grant funding to meet capital required by market for social impact investments, according to Social Ventures Australia (SVA). Ian Learmonth, executive director of ...

Sustainalytics hires Gary Hewitt

RACHEL ALEMBAKIS  |  FRIDAY, 29 AUG 2014  |  NEWS
Sustainalytics has hired Gary Hewitt to lead the development of expanded corporate governance research and data products. Hewitt is former head of governance research at GMI Ratings. He previously led a research team at Watson Wyatt (now Towers Watson) ...

Christian Super engages with Transfield Services

RACHEL ALEMBAKIS  |  FRIDAY, 15 AUG 2014  |  NEWS
Christian Super is engaging with Transfield Services over its contract to provide services at the Australian Department of Immigration and Border Protection offshore processing centres on Nauru and Manus Island. Although the fund is not divesting from ...

Australian Ethical names new portfolio manager

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 AUG 2014  |  NEWS
Fund manager Australian Ethical has appointed Mason Willoughby-Thomas portfolio manager of the AU$277 million Australian Ethical Larger Companies Trust. Willoughby-Thomas has worked at the ethical fund manager for more than two years. He will replace ...

ARENA announces $100 million support for Moree Solar Farm

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 AUG 2014  |  NEWS
The Australian Renewable Energy Agency (ARENA) has committed AU$101.7 million of support to the Moree Solar Farm, a large scale solar plant that will shortly begin construction. Renewable energy company Fotowatio Renewable Ventures (FRV) is set to begin ...

UCA Funds Management adds Transfield Services to exclusions

RACHEL ALEMBAKIS  |  FRIDAY, 1 AUG 2014  |  NEWS
UCA Funds Management is adding Transfield Services to its exclusion list because of human rights concerns stemming from Transfields' contract to provide services at the Australian Department of Immigration and Border Protection offshore processing centres ...

Forest protection CFI project issued 160,000 carbon credits

RACHEL ALEMBAKIS  |  FRIDAY, 1 AUG 2014  |  NEWS
The Clean Energy Regulator has issued more than 160,000 carbon credits to a carbon farming project in western New South Wales covering an 8,500-hectare section of native forest. Josh Harris, Climate Friendly The Sunset Ranch Native Forest Protection ...

RIAA: Increased public demand for responsible investments

RACHEL ALEMBAKIS  |  FRIDAY, 25 JUL 2014  |  NEWS
Public demand for responsible investments is beginning to rise for the first time in a decade, according to the Responsible Investment Association Australasia (RIAA). Simon O'Connor, RIAA CEO RIAA has released its 2014 Benchmark Report, the 13 th annual ...

JANA: Majority of fixed income managers consider ESG

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 JUL 2014  |  NEWS
A majority of global fixed income managers say they consider environmental, social and governance (ESG) factors in their investment process, according to a survey by JANA. Steven Carew, head of investment research and outcomes, JANA JANA received responses ...

ACSI lists ASX sustainability reporting leaders, laggards

RACHEL ALEMBAKIS  |  FRIDAY, 4 JUL 2014  |  NEWS
Although 85% of ASX200 companies provide some level of reporting on sustainability factors, more than 40% of those companies still rate in the bottom two categories of the Australian Council of Superannuation Investors (ACSI)'s annual review of sustainability ...