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Climate-aligned bond universe reaches $597.7bn

RACHEL ALEMBAKIS  |  FRIDAY, 10 JUL 2015  |  NEWS
The total universe of climate-aligned bonds stands at US$597.7 billion, a 20% increase in the past year, according to new research from the Climate Bonds Initiative. Sean Kidney, Climate Bonds Initiative chair The Climate Bonds Initiative has launched ...

Investors, payday lenders engage on lending practices

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUL 2015  |  NEWS
... the much larger second repayment was due 15 months later. This second payment usually accounted for more than 90% of the total amount repaid. "ASIC was concerned that the product was likely to be unsuitable for most of the financially vulnerable customers ...

CEFC provides $100m financing for Origin Solar Servicing

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 JUL 2015  |  NEWS
The Clean Energy Finance Corporation (CEFC) is providing a 12-year $100 million financing deal to Origin Energy, to support Origin's solar power purchase agreements (PPAs) to business and residential customers. CEFC CEO Oliver Yates With the CEFC finance ...

Climate change impacts on investments "inevitable": Mercer

RACHEL ALEMBAKIS  |  FRIDAY, 5 JUN 2015  |  NEWS
... increases are capped at 2-degrees Centigrade, there are no negative return implications for long-term diversified investors at a total portfolio level over the period modelled out to 2050, Mercer found. Birgden noted that funds have to build more resilient ...

Local Government Super top AODP index

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 APR 2015  |  NEWS
... announcements and other moves, the architectural moves, will translate into a very real leap forward next year." There was a total of 232 X-rated funds this year, and 192 D-rated funds this year, meaning that 85% of asset owners are laggards in the industry ...

Investors integrating ESG in quant portfolios: Northern Trust

RACHEL ALEMBAKIS  |  FRIDAY, 24 APR 2015  |  NEWS
... integrates ESG analysis into its outsourced chief investment officer product, a product in which pension funds can outsource the total day to day management of the investment portfolio. The OCIO product is not being introduced to the Australian market ...

Utilities sector face material ESG issues: Sustainalytics

RACHEL ALEMBAKIS  |  FRIDAY, 17 APR 2015  |  NEWS
... that impact. This is a harbinger of things to come." The report notes that utilities companies are responsible for 31% of total GHG emissions that that many companies will struggle under new carbon constraints, given increasing GHG regulatory schemes ...

Australian, NZ social enterprises top B Corp list

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 APR 2015  |  NEWS
... services, and Australian Ethical Investment, achieved the highest honours, named to the Best for the World - Overall list. In total, ten Australian and one New Zealand companies were also named to the category leaders lists - B Cubed Management Consultants ...

Louise Davidson appointed ACSI CEO

RACHEL ALEMBAKIS  |  FRIDAY, 10 APR 2015  |  NEWS
... eight million Australian superannuation fund members and retirees. ACSI also had six international members, bringing the total member funds under management to more than $1.6 trillion in assets belonging to more than 18 million beneficiaries, ACSI sa ...

New Forests launches responsible investment policy

RACHEL ALEMBAKIS  |  FRIDAY, 10 APR 2015  |  NEWS
New Forests has rolled out a first-ever responsible investment policy and reported total assets under management of AU$2.5 billion in its 2014 sustainability report. New Forests, a private sustainable real assets investment manager, also implemented ...