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CDP: World cities report climate change business impacts

RACHEL ALEMBAKIS  |  FRIDAY, 11 JUL 2014  |  NEWS
... production, particularly in the food industries, CDP also reported. "Our report finds that cities are responding across the board to risks from climate change - including sea level rise, drought, storms and flooding, frequent rainfall and temperature ...

Global Reporting Initiative hires chief of staff

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 JUL 2014  |  NEWS
... Syvanen comes to GRI from Fairtrade International FLO in Bonn, where she was executive operating officer and member of the board of directors. "I'm very excited to be here and think the work GRI is doing is of vital importance," Syvanen said. "I'm already ...

Christian Super to merge with Australian Christian Super

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 JUL 2014  |  NEWS
... net assets under management as of 30 June 2013, according to the fund's annual report. "From a governance perspective, our board will expand initially from eight to nine, and Australian Christian Churches will become a fifth principal sponsor of our ...

Community 21 launches share offer to raise up to AU$4m

RACHEL ALEMBAKIS  |  FRIDAY, 27 JUN 2014  |  NEWS
... "I would not have advocated to our group that we do this if we didn't have the confidence that the sector would come on board," Quarmby said. "I've done a number of presentations over the weeks to organisations, and it's clear to me that there's considerable ...

ACSI: companies paid premium for rights issue underwriting

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 JUN 2014  |  NEWS
... guidelines, which say boards should seek to minimise the costs of reading new equity," Harut said. "I think it's as part of the board's broader oversight of the capital raising process." The report further recommends that investors understand the potential ...

GRI undergoing governance process to become standard setter

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 JUN 2014  |  NEWS
... services we deliver around education and training and maintain the regional offices around the world." GRI will create a new board for GRI standards work, known as the Sustainability Reporting Standards Board (SRSB), and will create two new governance ...

Mercer hires Alexis Cheang to Responsible Investment team

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 JUN 2014  |  NEWS
Mercer has hired Alexis Cheang as a senior responsible investment consultant within Mercer's Responsible Investment team. Cheang is based in Sydney and will work with Mercer's investment clients "in helping them implement Mercer's recently launched ...

Farmland attractive to super funds, but liquidity a concern

RACHEL ALEMBAKIS  |  FRIDAY, 13 JUN 2014  |  NEWS
... farmland. Funds that are investing include US TIAA-CREF, Swedish AP2 and AP3, Netherlands APG, Canada Pension Plan Investment Board and NZ Super." Noble was speaking from his perspective at IPCM, a new boutique investment firm with operations in London ...

ACCSR: Australian CSR integration is too little, too slow

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 JUN 2014  |  NEWS
Progress in integrating corporate social responsibility (CSR) in Australia has been too little and too slow, according to the Australian Centre for Corporate Social Responsibility (ACCSR). Leeora Black, managing director, Australian Centre for Corporate ...

AMP Capital lists fossil fuel exclusions for RIL funds

RACHEL ALEMBAKIS  |  FRIDAY, 30 MAY 2014  |  NEWS
AMP Capital has developed a list of companies exposed to the most emissions-intensive fossil fuels that they will exclude from their Responsible Investment Leaders (RIL) funds range. Ian Woods, AMP Capital RIL is a range of fund of funds with a long-term ...