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AXA IM: board diversity an issue at EuroStoxx50 companies

RACHEL ALEMBAKIS  |  FRIDAY, 2 AUG 2013  |  NEWS
Revenue from emerging markets accounts for at least 20% of total revenue for more than half of companies in the EuroStoxx50, yet only 5.6% of board members on those companies are nationals from an emerging market, highlighting a need for increased diversity ...

PRI working group calls for sustainable palm oil commitments

RACHEL ALEMBAKIS  |  FRIDAY, 19 JUL 2013  |  NEWS
... agricultural practices, become members of the RSPO and adopt a plan to certify all their plantations. Approximately 15% of total palm oil production is certified as sustainable, and investors in palm oil companies and their supply chains are thus exposed ...

CEFC in active discussions with project proponents

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 JUL 2013  |  NEWS
... "We are in active discussions with over 50 project proponents, which would involve CEFC finance of circa AU$2 billion and total project costs of over AU$4.5 billion," Yates said. "These potential investments span a full range of industry and economic ...

RIAA: Responsible Investment portfolios continue to grow

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUL 2013  |  NEWS
Responsible investment portfolios in Australia managed AU$152 billion or 16% of total assets under management last year, and core responsible investment funds are outperforming the benchmark of mainstream funds, according to the Responsible Investment ...

HSBC finds US$364 billion in climate themed bond issuance

RACHEL ALEMBAKIS  |  FRIDAY, 5 JUL 2013  |  NEWS
... report said. China is the largest issuer of climate-themed bonds, with US$127 billion in issuance, more than one third the total universes. The United Kingdom issued US$50 billion and France issued US$41 billion, rounding out the top three. The vast ...

NZ Super excludes nuclear base operators from investments

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2013  |  NEWS
The New Zealand Superannuation Fund has decided to exclude a group of nuclear base operators because they are involved in programs to extend the life of nuclear stockpiles in the United States and United Kingdom. The NZ$22bn NZ Superannuation Fund will ...

NGS Super allocates to NSW social benefit bond

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2013  |  NEWS
... such, the quantum is not the only factor," he said. "Given that the entire investment opportunity offered by SVA was in total $7 million, we wanted to contribute meaningfully, but also let others contribute. We do expect other opportunities like this ...

Pollinate Energy brings solar lighting to urban slums

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 JUN 2013  |  NEWS
Pollinate Energy, a not-for-profit social enterprise, is working to provide affordable solar lighting to people in India's urban slums. Pollinate Energy's founders. Co-Founder Kat Kimmorley in centre of front row. Pollinate Energy has developed a business ...

Australia ranked fourth on global renewable energy list

RACHEL ALEMBAKIS  |  FRIDAY, 31 MAY 2013  |  NEWS
... Combet confirmed in March that government would maintain the renewable energy target (RET) at 41TWh, or equivalent to 20% of total electricity consumption by 2020, and that the government further accepted the recommendations of the Climate Commission ...

Global Reporting Initiative launches new G4 guidelines

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAY 2013  |  NEWS
... field experts, labour, business and civil society. There were two public consultation periods in 2011 and 2012, generating a total of more than 2,500 responses. There were two workshops held in Australia and one held in New Zealand during the 2012 comment ...