Editor's Choice
Green moves: Aware Super, Minderoo Foundation
CareSuper hired an ESG specialist from a rival, while Andrew Forrest's Minderoo Foundation appointed an executive director of effective philanthropy.
Macquarie AM takes over Island Green Power
Macquarie Asset Management (MAM) is now the owner of renewable energy developer Island Green Power, scooping up the remaining 50% stake.
Palliser Capital hits out at Rio Tinto board
Palliser Capital has vowed to continue pressing for governance reform at Rio Tinto after its shareholder resolution calling for an independent review of the miner's dual-listed company structure fell short at the group's annual general meeting.
ISSB looks to ease Scope 3 disclosure requirements
The International Sustainability Standards Board has proposed changes to requirements under IFRS S2 to offer clarity around existing reliefs and provide further relief in relation to specific Greenhouse Gas emissions disclosures.
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.