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AMP Capital calls for value link to executive remuneration

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 MAR 2016  |  NEWS
... corporate governance report, AMP Capital reported that Australia's chief executives receive, on average, more than double the total pay of the second highest paid executive in their company. AMP Capital analysed executive teams in the ASX200, and found ...

RIAA certifies three super funds as responsible investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 MAR 2016  |  NEWS
... that their superannuation can change the world for the better." The certification requires that at least 75% of a fund's total assets under management have two or more responsible investment strategies overlaying it, said O'Connor. "In addition to this ...

Impact investing key trend for 2016: AXA IM

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 FEB 2016  |  NEWS
... strategy, which will build upon the first fund in 2013. AXA IM's global Responsible Investment team has already invested a total of EUR200 million of internal funds was been allocated to the first fund. Those funds have all been invested, and AXA IM ...

Nordea joins Corporate Human Rights Benchmark

RACHEL ALEMBAKIS  |  FRIDAY, 29 JAN 2016  |  NEWS
Nordea Asset Management has joined the Corporate Human Rights Benchmark (CHRB) as the initiative works to publish its first pilot benchmark this year. CHRB has developed draft indicators that will be used to rank companies on their human rights performance. ...

Can sustainability considerations drive corporate innovation?

RACHEL ALEMBAKIS  |  FRIDAY, 22 JAN 2016  |  NEWS
... those social, economic and environmental exposures look like." EY is beginning to address those questions by developing a Total Value Framework, a model used to help clients quantify the social and environmental values of a business as well as the economic ...

ARENA selects 22 projects for $100m funding round

RACHEL ALEMBAKIS  |  FRIDAY, 15 JAN 2016  |  NEWS
... submissions due by 15 June 2016," said Ivor Frischknecht, ARENA CEO. "The projects are located in all mainland states and have a total capacity of 766 megawatts (MW). Each project was able to demonstrate its cost of energy was below the threshold of ...

Global underwriters issue US$15bn in green bonds in Q4

RACHEL ALEMBAKIS  |  FRIDAY, 15 JAN 2016  |  NEWS
... bond totalling $1.25bn from EDF, the Climate Bond Initiative said. "Top of the Q4 table is Credit Agricole CIB with its total Q4 underwriting deals of $994m dominated by issuances from development banks," the Climate Bond Initiative said. "Besides being ...

CEFC receives new investment mandate

RACHEL ALEMBAKIS  |  FRIDAY, 8 JAN 2016  |  NEWS
... 2013, the CEFC has received proposals from more than 300 project proponents seeking CEFC finance of almost $8 billion, for total project costs of more than $25 billion (at 30 June 2015). Our investment portfolio is diversified across technologies, industries ...

Investors question payday lenders at AGMs

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2015  |  NEWS
... million, which ASIC said is an increase of approximately 125% since 2008, and means that payday lenders represent 0.4% of the total consumer credit market in Australia. By way of comparison, ASIC notes the payday lending industry in the United Kingdom ...

ACSI annual report outlines 2015-2018 strategy

RACHEL ALEMBAKIS  |  FRIDAY, 11 DEC 2015  |  NEWS
... engagement agenda on behalf of 29 Australian superannuation funds and six major international pension funds, with a combined total of AU$1.5 trillion in assets under management. ACSI reported engaging with 125 companies this year, a 20% increase over ...