Local Government Super cleans up at green awards
Industry fund Local Government Super (LGS) has pointed to its environmentalist credentials, with a number of recent accolades from international bodies and some key ‘green’ investments.
According to a statement from the fund, LGS has been awarded a Green Star rating from the Global Real Estate Sustainability Benchmark and a ‘highly commended’ accolade from the Green Globe Awards.
The recognition comes off the back of the fund’s investment in the European Bank for Reconstruction and Development’s (EBRD's) Green Bond – the only Australian superannuation fund to invest in this asset, which was issued in September.
“Our decision to invest in the EBRD bond reflects our long-standing view that investing sustainably is the key to delivering returns to our members over horizons in the order of 40 years or more,” said LGS chief executive Peter Lambert.
1-in-3 clients considering dumping their adviser
One-third of clients and half of SMEs are thinking over either switching or ditc...
Practifi completes $24m funding round
Aussie advice business management platform Practifi has recently completed a $24...
Former IOOF head to front HESTA advice arm
Industry fund HESTA has appointed a former IOOF practice management head to lead...