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International Finance Corporation launches NZ dollar-denominated green bond

RACHEL ALEMBAKIS  |  FRIDAY, 4 AUG 2017  |  NEWS
The International Finance Corporation (IFC) has launched the first New Zealand dollar-denominated Green Kauri bond. The bond will be minimum NZ$100 million and will be used to finance private sector investments addressing climate change in emerging ...

Responsible Investment assets top $622 billion: RIAA

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2017  |  NEWS
Responsible investments have more than quadrupled over the past three years to $622 billion, with 44% of Australia's assets under management invested through some form of responsible investment strategy, according to the Responsible Investment Association ...

Australian Catholic University issues $200m Sustainability Bond

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2017  |  NEWS
Australian Catholic University (ACU) has issued a $200 million Sustainability Bond to be used in green building construction and education program development. Scott Jenkins, chief financial officer, Australian Catholic University ACU is the first Australian ...

ANZ, NAB join initiative to pilot Task force on Climate-Related Financial Disclosures

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2017  |  NEWS
ANZ, National Australia Bank and 9 other global banks have committed to piloting the Task force on Climate-Related Financial Disclosures (TCFD)'s guidelines as well as committing to jointly develop "analytical tools and indicators to strengthen assessments ...

ASX200 sustainability disclosures improve, but climate-related data needed: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2017  |  NEWS
ASX200 companies' sustainability disclosures are improving, but fewer than half of the ASX200 have a climate change policy or emissions reduction target, according to new research from the Australian Council of Superannuation Investors (ACSI). Louise ...

Regnan hires Pauline Vamos as CEO

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2017  |  NEWS
Regnan has hired Pauline Vamos as its new chief executive officer. Pauline Vamos, CEO, Regnan Vamos is the former CEO of the Association of Superannuation Funds of Australia (ASFA). Regnan is a leading provider of ESG research and engagement services. ...

Climate Bonds Initiative, UNEP-FI launch European Green Securities Steering Committee

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUL 2017  |  NEWS
The Climate Bonds Initiative, the UNEP-FI and other stakeholder have held the first European Green Securities Steering Committee (EGSCC) meeting, designed to promote the development of the green securities market in Europe. Sean Kidney, CEO, Climate ...

Climate Bonds Initiative analyses disclosure of use of proceeds

RACHEL ALEMBAKIS  |  FRIDAY, 30 JUN 2017  |  NEWS
The majority of issuers of green bonds are providing "a degree" of public information about use of proceeds, according to a report from The Climate Bonds Initiative. Sean Kidney, CEO, Climate Bonds Initiative The report, Post Issuance Use of Proceeds ...

VicSuper joins Financial Inclusion Action Plan program

RACHEL ALEMBAKIS  |  FRIDAY, 23 JUN 2017  |  NEWS
VicSuper has joined 30 other Australian businesses in the Financial Inclusion Action Plan (FIAP) Trailblazer program. Kirsten Simpson, VicSuper corporate responsibility manager Last year, the federal government appointed Good Shepherd Microfinance to ...

Will Australia adopt the Task Force on Climate-related Financial Disclosures recommendations?

RACHEL ALEMBAKIS  |  FRIDAY, 16 JUN 2017  |  NEWS
The G20 Financial Stability Board's Task Force on Climate-related Financial Disclosures (TCFD) is preparing its final recommendations, which will be presented to the G20 Leaders' Summit in July. As the TCFD considers the final draft of the TCFD guidelines ...