Will Australia adopt the Task Force on Climate-related Financial Disclosures recommendations?
Jun16

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

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, stakeholders are considering the implications of the TCFD, their utility and how they will be integrated going forward. The TCFD is led by Michael Bloomberg. The TCFD’s draft...

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Pollinate Energy to open operations in fifth city – Kanpur
Jun16

Pollinate Energy to open operations in fifth city – Kanpur

Pollinate Energy, a social enterprise that provides affordable solar lighting to people in India’s urban slums, will open operations in its fifth city, Kanpur, Uttar Pradesh. Kanpur is an industrial city of 3 million people, where over 85% of the communities surveyed live without or with partial electricity, over 75% of electrified households report daily power cuts, and the average weekly income for families living in unelectrified...

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Acorns launches ethical investment portfolio option Emerald Portfolio
Jun16

Acorns launches ethical investment portfolio option Emerald Portfolio

Micro-investing app Acorns has launched a new ethical investment portfolio option. Acorns Australia customers can now select the Emerald Portfolio investment to the app, which is designed to meet environmental, social and corporate (ESG) governance standards. The option was developed following regular feedback from users. “Since launching Acorns in Australia more than a year ago, one of the greatest frustrations we increasingly hear...

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Carnegie Clean Energy to participate in global partnership to push Sustainable Development Goals
Jun16

Carnegie Clean Energy to participate in global partnership to push Sustainable Development Goals

Carnegie Clean Energy has been selected to participate in a program backed by the U.S. State Department and Unreasonable Group to focus on achieving the UN Sustainable Development Goals (SDGs). The U.S. State Department and Unreasonable Group have partnered to produce Unreasonable Goals, with the aim of “accelerating and achieving” the SDGs. Carnegie Energy has been selected to lead global business in achieving Goal 7 – affordable and...

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VicSuper launches updated Socially Conscious investment option
Jun09

VicSuper launches updated Socially Conscious investment option

VicSuper has launched a Socially Conscious investment option, which invests in companies based on a custom index tailored to take into account action on climate change and on social issues like human rights and labour rights. VicSuper has offered an Equity Growth Sustainability option since 2001, but recently 2017, the $17 billion fund relaunched it as the Socially Conscious investment option. The changes to the option were spurred by...

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Sustainable Platform assesses database of companies against SDGs, performance
Jun09

Sustainable Platform assesses database of companies against SDGs, performance

A Perth-based organisation of academics and finance professionals have launched The Sustainable Platform, a searchable database of companies meant to assist companies in screening portfolios to absolute sustainability performance metrics. The SustainablePlatform.com was built to provide accurate and easy-to-use information for investors to understand which companies are meeting their own values and the SDGs,” said Dr Mark A. Andrich,...

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GRI, Department of Foreign Affairs and Trade launch new Indo-Pacific program
Jun09

GRI, Department of Foreign Affairs and Trade launch new Indo-Pacific program

The Global Reporting Initiative (GRI) and the Department of Foreign Affairs and Trade (DFAT) have partnered to launch a new program, Sustainable Trade and Investment through Reporting in the Indo-Pacific (STIR Indo-Pacific). The STIR Indo-Pacific program will target five developing countries in Asia: Bangladesh, Indonesia, Philippines, Sri Lanka and Vietnam, and pursue two means of addressing instability and poverty alleviation by “1)...

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New South Wales Treasury Corporation joins ACSI
Jun09

New South Wales Treasury Corporation joins ACSI

The New South Wales Treasury Corporation (TCorp) has joined the Australian Council of Superannuation Investors (ACSI). TCorp is the financial and investment management provider for the NSW Government and manages more than $80 billion for state public sector and related agencies, including state-owned corporations and local councils. “Through the establishment of our new Investment Stewardship Policy in late 2016, TCorp has recognised...

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