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Assistance will "significantly reduce" effects of carbon tax on industry

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 AUG 2011  |  NEWS
... companies, and to estimate the net impacts of the carbon price on company earnings, having taken this assistance into account. In total, we have estimated assistance and earnings impacts for 18 activities that have been defined by the government as eligible ...

Institutional investors back carbon tax scheme

RACHEL ALEMBAKIS  |  MONDAY, 11 JUL 2011  |  NEWS
... carbon tax would add 0.7ppts to CPI at initial introduction and then a further 0.2ppts as the carbon price rises, for a total impact of 0.9ppts on inflation. Gross national income will be about 0.1ppt lower and by 2020, income per capita is around 0.5ppts ...

Investor Profile: Victorian Funds Management Corporation

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2011  |  NEWS
... applicable to all the teams and then also asset class-specific training. Q: How does VFMC view ESG risk/reward in terms of the total portfolio? RM: It is one of the many factors that we take into account and it's not limited to equities per se. it's ...

PUMA's environmental P&L reporting: a model for Australia?

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2011  |  NEWS
... suppliers - where raw materials are derived from natural resources. This part of the supply chain accounts for 36% of the total GHG emissions and 52% of water consumption. In a statement accompanying the release of the initial EP&L results, Jochen Zeitz ...

Benchmarking superannuation funds' sustainability performance

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2011  |  NEWS
... to more effectively and efficiently engage with members." SuperRatings also rated 12 other superannuation funds out of 60 total funds under consideration for their "positive contribution to sustainability" - AMP Super (SignatureSuper, Flexible Super-Choice ...

The impact of universal owners on sustainable investing

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2011  |  NEWS
... strategies and integration of ESG factor analysis into asset allocation. Towers Watson cites the UNPRI statistic that the total cost of those three externalities exceeded US$2.5tr in 2008. Universal Owners can manage ESG externalities in three ways - ...

Catholic Super hires investment manager for sustainability

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUN 2011  |  NEWS
... of her role, Guyatt will be responsible for designing and implementing a responsible investment program across the fund's total portfolio, said fund CIO Garrie Lette. She will join the superannuation fund in September. "Danyelle will be involved as part ...

Investor Profile: Australian Ethical Investment

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2011  |  NEWS
James Thier is a a founding director of Australian Ethical Investment, a fund manager with AU$650m in assets under management that has specialised in ethical and sustainable investment since its 1986 inception. In addition to specialist funds, Australian ...

ANZ publishes interim corporate responsibility report

RACHEL ALEMBAKIS  |  FRIDAY, 20 MAY 2011  |  NEWS
... and rural economic and social divides", the bank highlighted accomplishments like 5% growth in deposits and 19% growth in total loan funds under management in Fiji, ahead of a goal of achieving 15% growth in deposits and micro-loans to the country. The ...

"Steady but modest" increase in number of women directors

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAR 2011  |  NEWS
The number of women appointed to corporate directorships in Australia has increased from 8.9 percent of total positions in 2009 to 10.9 percent in 2011, in line with "steady but modest" global increases, according to a report by GovernanceMetrics International ...