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ESG integration into quantitative investment management

RACHEL ALEMBAKIS  |  FRIDAY, 28 MAR 2014  |  NEWS
... portfolio with an improved ESG integration score without sacrificing what we see as the key metrics for SmartBeta - a lower total volatility profile and avoidance of stocks that have low sustainable earnings growth," said Kathryn McDonald, director of ...

Solactive develops Green Bond Index

RACHEL ALEMBAKIS  |  FRIDAY, 14 MAR 2014  |  NEWS
... Electricite de France, Unibail-Rodamco and two from the International Finance Corporation. Each bond constitutes 5% of the total index. The Climate Bonds Initiative is an investor-focused not-for-profit promoting large-scale investment in the low-carbon ...

CDP, FirstCarbon Solutions sign expanded partnership

RACHEL ALEMBAKIS  |  FRIDAY, 14 MAR 2014  |  NEWS
... process. This will enable companies to spend more time on taking action to reduce emissions." FCS is expected to score a total of 3,500 disclosures in 2014 alone, CDP added. "With a growing number of investment groups and customers requiring transparency ...

350.org Australia issues ASX200 fossil fuel divestment study

RACHEL ALEMBAKIS  |  FRIDAY, 7 MAR 2014  |  NEWS
... noted that the Australian Stock Exchange's fossil fuel intensity is lower than many international peers, both in terms of total carbon and in terms of carbon intensity. The S&P500 is the most carbon intense, with 215GtCO2 in carbon reserves and 24% of ...

AustralianSuper equities less carbon-intense than benchmarks

RACHEL ALEMBAKIS  |  FRIDAY, 21 FEB 2014  |  NEWS
... international equities holdings are less carbon intensive than relative benchmarks, according to a carbon assessment of its total equities portfolios. AustralianSuper commissioned Trucost to undertake the carbon intensity assessment of the total equities ...

South Australia introduces building upgrade finance bill

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 FEB 2014  |  NEWS
... estimate by Arup that is derived from energy consumption in office buildings in the Adelaide CBD and fringe based on the total floor area and an assumed average greenhouse performance per square metre equating to a NABERS Energy Rating (base building) ...

Westpac number one on global sustainability list

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2014  |  NEWS
... time sharing skills with Indigenous organisations through Jawun Indigenous Corporate Partnerships secondments, bringing total time to around 76 work years since helping found the program in 2001, the bank said in a statement. The bank has also committed ...

CDP: investment in carbon reduction yields positive return

RACHEL ALEMBAKIS  |  FRIDAY, 17 JAN 2014  |  NEWS
... company on average based on scope 1 and scope 2 emissions; high emissions intensity: 560 metric tonnes CO2e per million USD in total assets on the balance sheet - more than 10 times the global median of 53 tonnes per million USD; and 89% of total emissions ...

Global banks launch voluntary Green Bond Principles

RACHEL ALEMBAKIS  |  FRIDAY, 17 JAN 2014  |  NEWS
... Bond Principles initiated by BAML and Citi then joined by Credit Agricole and JP Morgan, and now supported by 13 banks in total. The Principles evolved with advice from issuers, investors and other engaged thought leaders and NGOs. Our overarching goal ...

IIGCC joins International Climate Bond Standards Board

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 JAN 2014  |  NEWS
... joined the I nternational Climate Bond Standards Board. IGCC represents more than 85 European institutional investors, with total funds under management of approximately EUR7.5 trillion. Eric Borremans, IIGCC Vice Chairman and sustainability expert at ...