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Australian Sustainable Finance Initiative sets ambitious investment agenda

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAR 2019  |  NEWS
The big four banks, Australia's largest superannuation funds, insurance companies and industry groups have launched the Australian Sustainable Finance Initiative, a collaborative group to steer investment towards human wellbeing, social equity and environmental ...

Dhaka, Colombo stock exchanges launch guides for sustainability reporting

RACHEL ALEMBAKIS  |  FRIDAY, 29 MAR 2019  |  NEWS
The Dhaka Stock Exchange (DSE) and the Colombo Stock Exchange (CSE), have launched technical guidance guides to listed companies with recommendations on best practice for sustainability reporting. GRI provided technical input to the guides, and both ...

IFC to permit structuring of loans in accordance with Green Loan Principles

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAR 2019  |  NEWS
IFC moved to accelerate the green loan market by offering investment clients the option to structure loans in accordance with the Green Loan Principles. The Green Loan Principles are modelled on the Green Bond Principles and specify how loan proceeds ...

Climate change, modern slavery on ESG engagement agenda: Ausbil

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAR 2019  |  NEWS
Climate change, modern slavery and the Royal Commission on Misconduct in the Banking, Superannuation and Financial Services Industry were all issues of ESG engagement for Ausbil Investment Management. Mans Carlsson-Sweeny, Ausbil Ausbil has published ...

ACSI updates gender diversity policy to apply to ASX200 companies

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAR 2019  |  NEWS
The Australian Council of Superannuation Investors (ACSI) has updated its gender diversity policy to extend to ASX201-300 companies, meaning that ASX200 boards with one or zero women directors could face a vote against directors seeking re-election. ...

Climate change high on agenda for Oliver Yates parliamentary bid

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAR 2019  |  NEWS
Climate change will be one of the most pressing issues of the forthcoming federal election, no more so than in the Melbourne electorate of Kooyong, where former Clean Energy Finance Corporation (CEFC) CEO Oliver Yates is running as an independent challenger ...

Corporate culture a factor in stock selection: WCM

RACHEL ALEMBAKIS  |  FRIDAY, 22 FEB 2019  |  NEWS
Evaluating corporate culture is "one of the most important factors to consider" when picking stocks, according to WCM Investment Management. Rolf Kelly, portfolio manager and business analyst, WCM As investors, as well as the wider community, digest ...

ACSI research outlines guidelines to assessing Modern Slavery risks

RACHEL ALEMBAKIS  |  FRIDAY, 15 FEB 2019  |  NEWS
Five sectors of ASX200 companies - mining, financial services, construction and property, food, beverages and agriculture and healthcare - are most at risk of exposure to modern slavery, according to new research commissioned by the Australian Council ...

Human rights, trust, climate risk top sustainability agenda for 2019

RACHEL ALEMBAKIS  |  FRIDAY, 1 FEB 2019  |  NEWS
With the closing of January and the end to summer holidays, sustainability professionals and investors are gearing up for another busy year ahead, with experts telling The Sustainability Report that first year of the Modern Slavery Act, wider human ...

Teachers Mutual Bank receives RIAA certification for products

RACHEL ALEMBAKIS  |  FRIDAY, 1 FEB 2019  |  NEWS
Teachers Mutual Bank's retail deposits, mortgages and wholesale funding vehicles have been certified under by the Responsible Investment Association Australasia (RIAA). Steve James, CEO, Teachers Mutual Bank RIAA Certification means that the products ...