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LGS invests in US$250 million EBRD green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 OCT 2013  |  NEWS
... 10 years. The AU$7 billion LGS manages assets on behalf of local government employees in NSW, and around $3.7 billion of total assets are in responsible investment strategies across Australian and international equities, property, absolute return, private ...

Northern Trust develops emerging markets low CO2 fund

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 OCT 2013  |  NEWS
Northern Trust has developed an emerging markets fund made up of companies that have both lower carbon emissions and less fossil fuel reserves. The Fourth Swedish National Pension Fund (AP4) will invest in the Northern Trust Emerging Markets Custom ...

New co-op body to stress economic, social value of model

RACHEL ALEMBAKIS  |  FRIDAY, 4 OCT 2013  |  NEWS
... are member-owned, have AU$244 billion in assets under management, while financial mutuals have AU$83 million in combined total assets and the top 100 co-ops and mutuals had combined annual revenue of AU$17.8 billion in 2012. The economic argument is ...

NAB, Westpac leaders in 2013 CDP Global 500

RACHEL ALEMBAKIS  |  FRIDAY, 13 SEP 2013  |  NEWS
Total greenhouse gas (GHG) emissions from the 50 largest emitters have increased since 2009, even as overall emissions of the top 500 companies have fallen, according to the CDP Global 500 Climate Change Report 2013. The report is co-written by CDP ...

Australian/NZ property continue dominance in GRESB survey

RACHEL ALEMBAKIS  |  FRIDAY, 6 SEP 2013  |  NEWS
... Organisations respond to a 42-question survey, divided into seven sustainability aspects. The score for each aspect generates a total GRESB score on a scale of 1 to 100. The total GRESB score is also divided into two dimensions - management and policy ...

Corporate governance guidelines on agenda ahead of AGMs

RACHEL ALEMBAKIS  |  FRIDAY, 23 AUG 2013  |  NEWS
... corporate boards. The lowest confidence scores in the survey were given for board oversight of M&A activity, at 2.96 out of a total of 5.0, however, respondents reported higher confidence in boards' oversight of other capital management activities, which ...

Beyond Zero Emissions proposes model for retrofitting houses

RACHEL ALEMBAKIS  |  FRIDAY, 23 AUG 2013  |  NEWS
... system installation costs, BZE estimates. The non-residential buildings plan requires an investment of AU$34.4 billion in total over 10 years, including AU$29.6 billion for building retrofits and a further AU$5 billion solar system installation costs. ...

ACSI: Investors have confidence in ASX100 boards

RACHEL ALEMBAKIS  |  FRIDAY, 16 AUG 2013  |  NEWS
... S&P/ASX100 Companies (BCS) is the organisation's first survey of investors' trust and confidence in corporate boards. A total of 41 institutional investors participated in the research study, collectively managing AU$265 billion of Australian equities. ...

J.P. Morgan rates Australian REITs reporting, management

RACHEL ALEMBAKIS  |  FRIDAY, 9 AUG 2013  |  NEWS
... to highlight their respective gender diversity policy and proposed improvements," the report found. " As a percentage of total employees, females made up roughly 50% across all REITs. However females in key management roles ranged from 13% for WDC to ...

Asset owners, managers see climate change as material risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 AUG 2013  |  NEWS
An increasing number of asset owners see climate change as a material risk and have maintained or strengthened their commitments to addressing climate change in investment activities, according to the results of a global survey of investment practices. ...