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IGCC, AIGCC publish investor disclosure guide aligned to TCFD recommendations

RACHEL ALEMBAKIS  |  THURSDAY, 13 APR 2017  |  NEWS
... Guide to Investor Disclosure on Climate Change, is aligned with the draft recommendations of the G20 Financial Stability Board's Task Force on Climate-related Financial Disclosures, led by Michael Bloomberg. The guide is "is intended to help investors ...

Experts discuss impact of Taskforce on Climate-related Financial Disclosures guidelines

RACHEL ALEMBAKIS  |  FRIDAY, 7 APR 2017  |  NEWS
... was the topic of discussion at panel discussion held in Melbourne this week, organised by the Climate Disclosure Standards Board (CDSB) and Sustainable Business Australia (SBA) and hosted by KPMG. Last month, Geoff Summerhayes, executive board member ...

Majority of APAC investors have an ESG investment framework: State Street

RACHEL ALEMBAKIS  |  FRIDAY, 7 APR 2017  |  NEWS
... ownership and responsibility for ESG investing is important. Investors want decisive support from the organisations' C-suite and board on ESG issues. That came very clearly from the survey and interviews. The second one is getting educated - making ESG ...

Remerga launches Emerging Markets Sustainable Leaders Fund

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2017  |  NEWS
... into consideration include assessing alignments of interest, shareholding structures, audit quality, compensation policies, board independence, capital discipline, related party transactions and controversies involving the company. Other ESG factors ...

ACSI appoints two new members to board of directors

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2017  |  NEWS
The Australian Council of Superannuation Investors (ACSI) has added two new directors to the board - Ian Silk, CEO of Australian Super, and Candy Broad, independent director at First Super. Louise Davidson, ACSI CEO AustralianSuper is Australia's largest ...

Climate Bonds Standard approves Deloitte France, Deloitte Luxembourg

RACHEL ALEMBAKIS  |  FRIDAY, 17 MAR 2017  |  NEWS
... Standard. Approved verifiers assess whether a bond meets the criteria of the Climate Bond Standard, the Climate Bonds Standard Board said. Deloitte France has "supported numerous" responsible investment and ESG initiatives, including projects in Africa ...

Hunter Hall to merge with Pengana Capital to create $3bn fund manager

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAR 2017  |  NEWS
... 73% of the issued equity of Hunter Hall, comprising approximately 101.5 million shares post transaction. The Hunter Hall board "unanimously recommends that shareholders vote in favour of the proposed merger subject to no superior offer and the independent ...

Morphic Asset Management launches ethical global equities LIC

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAR 2017  |  NEWS
... MEC's offer period is expected to close on 19 April 2017. Trading on the ASX is expected to commence on 3 May 2017. The Board of MEC will include Independent Directors JoAnna Fisher (Chair), Mark Forstmann and Virginia Malley.

Mirvac Sydney HQ receives WELL certification for health and wellbeing

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAR 2017  |  NEWS
... week. We offer education forums on health and wellbeing with a nutritionist. We needed to get a cafe in the building on board, to offer healthy food and smaller portions. That's a journey for everyone, how you do it, how do you move from full-seized ...

Number of culturally diverse women ASX leaders "extremely low": DCA

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2017  |  NEWS
While women's representation in ASX-listed companies' leadership positions is at an all-time high, the number of culturally diverse women leaders is "extremely low," according to research from Deakin University and Diversity Council Australia (DCA). ...