Editor's Choice
UN pension chief joins Northern Trust
The head of the United Nations Joint Staff Pension Fund is taking on a new role at Northern Trust Asset Management.
Podcast: Exploring emerging markets and sustainability
Pablo Berrutti, senior portfolio specialist at Stewart Investors, discusses emerging market investment opportunities and their main growth drivers.
Carbon emission stabilisation 'reframes' investment climate risk: Emmi
Latest modelling from Emmi indicates carbon emissions may plateau within the next two years before gradually declining, signalling the first ever emission stabilisation outside of an economic crisis.
Hollywood heavyweights call on pension fund to divest fossil fuels
The likes of Sally Field, Mark Ruffalo and Jane Fonda are calling on the SAG-Producers Pension Plan to dump its holdings in oil and gas companies.
Whitepapers
Mind the gap: Investors' role in balancing fairness and competitiveness in executive pay
Investors have a significant role to play in helping to move the dial on executive remuneration, aiming to increase fairness and reduce inequality.
Mandatory sustainability reporting in Australia
This paper provides an in-depth guide on identifying which entities need to prepare mandatory sustainability reports in their annual reports, and covers ...
There are several comments to be made about investor question over CSG.
1) Whilst companies have a need to know their environmental obligations so that they can determine the risk factors of particular projects, commonsense would suggest that they should allow a significant tolerance for unknown environmental impacts that do not form part of the original framework.
2) A gas supplier's negligence should include not only issues related to the formal environmental guidelines and requirements but should also include events which occur and that could have reasonably been predicted such as water table and air quality issues.
3) If miners think that this is an issues related to CSG and other unconventional operations then they had better think again. As Gunns Ltd found out a project which fails to obtain a social licence to operate can devastate a company's bottom line and result in the death of the company itself.
Woodside have therefore made the right decision albeit late.
4) It is not really that surprising that the Greens and farmers should form an alliance. Both groups are concerned about the environment - one group depends on it for earning their livelihood, the other for the well being of society. With food consumers more and more interested in where their food comes from and how it is produced I, for one, expect that farmers and green groups will become regular partners.