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Interest in green, social bonds continuing: JPMorgan Chase

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 OCT 2014  |  NEWS
While both supply and demand for "green", climate themed bonds will continue to grow from Australian institutional investors, there is also increased attention being paid to social benefit bonds as well, according to JPMorgan Chase. Marilyn Ceci, managing ...

US$9.2 billion in green bonds issued in Q3 2014

RACHEL ALEMBAKIS  |  FRIDAY, 24 OCT 2014  |  NEWS
US$9.2 billion in green bonds was issued globally in the third quarter of 2014, with Credit Agricole as the top green bonds underwriter for the quarter, according to the Climate Bonds Initiative. Acronym guide: CACIB is Credit Agricole CIB, BAML is ...

APRA adds materiality to trustees' risk management declaration

RACHEL ALEMBAKIS  |  FRIDAY, 17 OCT 2014  |  NEWS
The Australian Prudential Regulation Authority (APRA) has informed superannuation fund trustees that materiality is part of the board's risk management declaration, widening the scope of risks that trustees must disclose to the prudential regulator. ...

DCA panel addresses employment of people with disabilities

RACHEL ALEMBAKIS  |  FRIDAY, 17 OCT 2014  |  NEWS
People with disabilities have higher rates of unemployment, meaning employers are under-utilising a "highly capable pool of talent," according to Diversity Council Australia. DCA and ANZ Bank recently hosted a panel discussion exploring ways in which ...

CDP recognise ASX companies for climate action

RACHEL ALEMBAKIS  |  FRIDAY, 17 OCT 2014  |  NEWS
Six Australian companies have been named to CDP's Climate Performance Leadership Index 2014. CDP selected 187 companies globally that exhibit leadership through action to mitigate climate change, and found that as an index, those companies outperform ...

Australian companies still lag on anti-corruption policies

RACHEL ALEMBAKIS  |  FRIDAY, 10 OCT 2014  |  NEWS
Australian companies continue to lag their international peers when it comes to creation and enforcement of anti-corruption and fraud policies, according to KPMG. Gary Gill, partner and head of forensic, KPMG "From an Australian perspective, I don't ...

Future Super launches as first fossil-fuel free fund

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 OCT 2014  |  NEWS
Future Super, Australia's first fossil fuel free superannuation fund, has been launched and is tapping into the growing fossil fuel divestment movement as part of its potential membership base. The fund launched a month ago and was founded by Adam Verwey ...

KPMG: top global miners make $1.2bn in social investments

RACHEL ALEMBAKIS  |  FRIDAY, 3 OCT 2014  |  NEWS
Mining, metals and engineering companies make billions of dollars of social investments, yet few companies report on the impacts these programs are having, according to KPMG. Carl Adams, head of mining, KPMG Australia KPMG's Global Mining Institute ...

Bloomberg named supporter of Natural Capital Declaration

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 OCT 2014  |  NEWS
Bloomberg has become an official supporter of the Natural Capital Declaration (NCD). NCD is a global initiative that affirms the importance of natural capital in maintaining a sustainable global economy. Natural capital is described as the planet's ...

SEFA finances three social enterprise projects

RACHEL ALEMBAKIS  |  FRIDAY, 26 SEP 2014  |  NEWS
Social Enterprise Finance Australia (SEFA) has made three new loans to social enterprises in Queensland and New South Wales, bringing their total loan book up to AU$7.5 million. Ben Gales, SEFA CEO The three loans were made to MiHaven Property Fund ...