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APRA calls for stress-testing of climate change risks in regulated entities

RACHEL ALEMBAKIS  |  FRIDAY, 17 FEB 2017  |  NEWS
The Australian Prudential Regulation Agency (APRA) will emphasise to regulated entities that they should conduct stress testing for "organisational and systemic resilience in the face of adverse shocks" from climate risk. Sarah Barker, special counsel ...

SVA launches South Australian homelessness social impact bond

RACHEL ALEMBAKIS  |  FRIDAY, 17 FEB 2017  |  NEWS
Social Ventures Australia (SVA) has launched South Australia's first social impact bond, which will fund a program addressed at ameliorating the effects of homelessness. Ian Learmonth, executive director of impact investing, Social Ventures Australia ...

UCA Funds Management continues online gambling engagement

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2017  |  NEWS
UCA Funds Management is reiterating its call to Australia's big four banks to eliminate the use of its credit cards for the operation of online gambling accounts. Michael Walsh, UCA Funds Management Recently, the Australian Bankers' Association (ABA) ...

CEFC invests $75m in new Palisade Investment Partners fund

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2017  |  NEWS
The Clean Energy Finance Corporation (CEFC) has committed AU$75million as cornerstone investor into a new specialist renewable energy fund managed by Palisade Investment Partners. The Palisade Renewable Energy Fund (PREF) is seeking to invest as much ...

Vigeo Eiris upgrades three US companies on human rights criteria

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2017  |  NEWS
... Microsoft in the human rights domain, saying that by supporting legal action filed by the state of Washington against the ban, Vigeo Eiris has been able to increase its level of assurance on the "willingness and capacity" of the three companies to "integrate ...

Australian Ethical Investments join Principles for Positive Impact Finance

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2017  |  NEWS
Australian Ethical Investments and Westpac Bank have signed on to the newly launched Principles for Positive Impact Finance, a new set of criteria to assess the impact of sustainable investments. Dr Stuart Palmer, head of ethics, Australian Ethical ...

Putting Sustainable Beef on the Table

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2017  |  NEWS
Ed note: The Sustainability Report is pleased to present this article from Katherine Christ of the University of South Australia and Roger Burritt of the Australian National University Dr Katherine Christ and Professor Roger Burritt Roger Burritt, ANU ...

Teachers Mutual Bank joins Global Alliance for Banking on Values

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2017  |  NEWS
Teachers Mutual Bank has joined the Global Alliance for Banking on Values (GABV). The GABV is an international network of 39 member banks engaged in collaborative work to expand and develop sustainable, values-based banking practices around the world. ...

Sustainalytics to augment Sydney office, launch Tokyo office

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2017  |  NEWS
Sustainalytics, the independent ESG research and analysis firm, will close its Singapore office and reallocate resources towards a stronger presence in Australia and an office in Japan. Michael Jantzi, CEO, Sustainalytics The Sydney and Tokyo offices ...

Commonwealth Bank ranked in top ten of G100 Sustainability Index

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2017  |  NEWS
Commonwealth Bank has appeared in the top 10 list of the G100 Sustainability Index, one of only two Australian companies to make it in the top 100. Kylie Macfarlane, general manager of corporate responsibility. CBA CBA was ranked sixth in this year's ...