Investment

Oliver Yates named CEO of Clean Energy Finance Corporation

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 NOV 2012  |  NEWS
Oliver Yates will be the inaugural chief executive officer of the Clean Energy Finance Corporation (CEFC).

Woolworths poker machine vote fails, but push to continue

RACHEL ALEMBAKIS  |  FRIDAY, 23 NOV 2012  |  NEWS
Shareholders overwhelmingly rejected a motion demanding retailer Woolworths Limited to put $1 maximum bet limits on the poker machines they operate, but engagement advisers and active institutional investors say they do not believe the issue is dead ...

Investor groups call for new climate change policy responses

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 NOV 2012  |  NEWS
A coalition of organisations including the Investor Group on Climate Change (IGCC) have called upon the governments of the world's largest economies to engage in a new dialogue on climate change policy ahead of the international climate negotiations ...

Boards increasing engagement on remuneration reports

RACHEL ALEMBAKIS  |  FRIDAY, 16 NOV 2012  |  NEWS
Boards of listed companies are continuing to increase the amount of time they spend engaging with investors, particularly around executive remuneration issues, said Amanda Wilson, Regnan managing director.

PRI publishes hedge fund responsible investment paper

RACHEL ALEMBAKIS  |  FRIDAY, 16 NOV 2012  |  NEWS
Institutional investors can analyse hedge fund managers and strategies with an eye to improving governance and values alignment in line with the UN-backed Principles for Responsible Investment (PRI).

Combet announces phase-out of solar credit mechanism

RACHEL ALEMBAKIS  |  FRIDAY, 16 NOV 2012  |  NEWS
The federal government will phase out the solar credit mechanism in January 2013, six months ahead of schedule, a move that is expected to lower the cost of electricity and curtail a potential oversupply in renewable energy certificates.

LGS generating energy savings certificates from retrofits

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 NOV 2012  |  NEWS
New South Wales-based Local Government Super (LGS) is generating revenue through the creation of energy savings certificates based on retrofits of properties in its direct real estate portfolio.

Hermes Fund Managers launch quant ESG equity strategy

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 NOV 2012  |  NEWS
Hermes Fund Managers has created a global quantitative environmental, social and governance (ESG) strategy and has announced that Local Government Super (LGS) has awarded a AU$90m mandate for the strategy.

Fewer ASX companies see carbon price as a business risk

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2012  |  NEWS
There has been a 12% drop in the number of listed Australian companies identifying a carbon price as a business risk, indicating their increasing comfort with the pricing regime, according to the Carbon Disclosure Project's Australia and New Zealand ...

Capturing the upside potential of Australia's carbon market

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2012  |  NEWS
While the Australian carbon market is still inhibited by political uncertainties, businesses are beginning to plan for a longer term future where buying and selling carbon units and permits is a part of their strategy.