Environmental

Companies advised to stress test climate change scenarios

RACHEL ALEMBAKIS  |  FRIDAY, 22 APR 2016  |  NEWS
This week, representatives from Australia and more than 150 nations gathered in New York to sign off on the Paris Agreement. Even as governments around the world face calls to set policies and legislation to fulfil their commitments, there is also new ...

VicSuper establishes Climate Change Steering Committee

RACHEL ALEMBAKIS  |  FRIDAY, 22 APR 2016  |  NEWS
VicSuper has established a Climate Change and Investments Steering Committee, which will create the superannuation fund's strategy to manage climate change risk across their portfolio.

FlexiGroup prices first green asset-backed security transaction

RACHEL ALEMBAKIS  |  FRIDAY, 22 APR 2016  |  NEWS
FlexiGroup, an ASX-listed financial services group, has priced AU$260 million in asset-based securities (ABS), including an AU$50 million green tranche, certified by the global Climate Bonds Initiative.

New Forests launches ESG investment performance framework

RACHEL ALEMBAKIS  |  FRIDAY, 15 APR 2016  |  NEWS
New Forests, a private sustainable real assets investment manager, has implemented a new investment performance framework that will focus on productivity, ecosystem services, land use planning, shared prosperity, risk management, and governance.

CEFC, Palisade Investment Partners launch infrastructure fund

RACHEL ALEMBAKIS  |  FRIDAY, 15 APR 2016  |  NEWS
The Clean Energy Finance Corporation (CEFC) and Palisade Investment Partners will launch a new fund strategy that will invest in renewable energy projects in Australia.

Investors should measure climate risks: South Pole Group

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2016  |  NEWS
Investors should systematically measure climate risks for their investments as well as develop specific internal capabilities in the area of climate change, South Pole Group has recommended to the Senate Inquiry on Carbon Risk Disclosure.

Laing O'Rourke pilots moveable solar-diesel power plant

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2016  |  NEWS
Laing O'Rourke has successfully piloted a moveable solar-diesel power plant and will commercialise it through the newly created SunSHIFT Pty Ltd.

London Stock Exchange joins Climate Bonds Partnership Program

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2016  |  NEWS
London Stock Exchange Group (LSEG) has joined the Climate Bonds Partnership Program, the first global stock exchange to do so.

Foresight Group hires Gary Sofarelli for Sydney office

RACHEL ALEMBAKIS  |  FRIDAY, 1 APR 2016  |  NEWS
Infrastructure investment manager and private equity manager Foresight Group has hired Gary Sofarelli to lead its Sydney-based office.

Moree Solar Farm signs PPA with Origin Energy

RACHEL ALEMBAKIS  |  FRIDAY, 1 APR 2016  |  NEWS
Moree Solar Farm (MSF) has entered into a 15-year power purchase agreement with Origin Energy, covering 100% of the output from the 56 MW solar farm.