Editor's Choice
Green moves: Aware Super, BlackRock, Taylor Fry
A Housing Australia executive moves to BlackRock, while Aware Super welcomes a climate reporting and sustainability manager and Taylor Fry sees the return of a veteran actuary.
'Surreal', 'difficult' times for sustainable investors: RIAA
A leading voice for sustainable investing in the US admits the anti-ESG movement has been "difficult" and "surreal" as investors fear being overly scrutinised, the Responsible Investment Association Australasia (RIAA) Conference heard. There are, however, some bright spots.
EPBC Act reforms urgently needed: Industry groups
A raft of industry groups have called on the government to urgently deliver its reforms to the Environment Protection and Biodiversity Conservation (EPBC) Act, which they say is "failing on all fronts."
Young workers drive DEI in workplace: RIAA panel
The windchill of politics on diversity, equity and inclusion (DEI) programs fronts a deadly counterpoint - young professionals entering the workforce with zero tolerance for inappropriate workplace behaviour.
Whilst it is very pleasing to read that more and more companies are starting to realise that they have a moral responsibility to improve and report their sustainability performance it is not yet compulsory for publicly listed companies or government owned companies - and it should be.
Beyond the moral and transparency dimensions lies the economic.
According to the Carbon Disclosure Project, companies that implement policies to reduce carbon emissions perform better on the stock market compared with those that do not, a survey suggests.
The improved financial performance of companies with high carbon performance is a clear indicator that it makes good business sense to manage and reduce carbon emissions.
Those companies that are taking action to reduce their impact now believe they can gain a competitive advantage over their rivals.
Thank you for a very informative article. I would like to know though the current status on GRI global uptake by sectors and countries.