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Companies, CEOs, chairs seen as unethical: Governance Institute

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUL 2016  |  NEWS
Australians perceive large corporations, the banking, finance and insurance sector, and politicians at every level of government as unethical, according to a new Ethics Index released by the Governance Institute of Australia. Steven Burrell, chief executive ...

NAB finances third NSW social impact investment

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2016  |  NEWS
National Australia Bank will finance a New South Wales social impact investment to fund a program to reduce recidivism by parolees in that state. Daniel Madhavan, CEO, Impact Investing Australia The NSW state government issued the program, called On ...

Responsible investment AUM tops AU$630 billion: RIAA

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JUL 2016  |  NEWS
Nearly AU$633 billion of Australia's assets under management are being invested responsibly, according to the latest benchmark report from the Responsible Investment Association Australasia (RIAA). RIAA has published the Responsible Investment Benchmark ...

Climate-aligned bonds total US$694bn: Climate Bonds Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2016  |  NEWS
The climate-aligned bond universe is US$694 billion, according to the Climate Bonds Initiative Bonds and Climate Change: The State of the Market in 2016 (SotM). The climate-aligned bond universe has grown 16% or US$96 billion from 2015, with unlabelled ...

Good Shepherd Microfinance to open Queensland Good Money sites

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2016  |  NEWS
Good Shepherd Microfinance will expand its Good Money retail sites into Queensland by opening branches in Cairns and the Gold Coast in 2017. Adam Mooney, CEO of Good Shepherd Microfinance The proposed Good Money stores in Queensland are backed by the ...

90% of ASX200 companies report on sustainability: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2016  |  NEWS
Ninety percent of ASX200 companies provided some level of reporting on sustainability factors in their 2015 public disclosures, according to the Australian Council of Superannuation Investors' (ACSI) annual review of corporate sustainability disclosure. ...

Companies aware of Sustainable Development Goals: ACCSR

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2016  |  NEWS
Australian businesses are aware of the United Nations Sustainable Development Goals (SDGs) and many are planning strategic partnerships targeting material goals, according to the Australian Centre for Corporate Social Responsibility (ACCSR)'s 8 th Annual ...

The search for better social metrics to value affordable housing

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2016  |  NEWS
There is a multistakeholder push to develop metrics to more accurately measure the social impacts of affordable housing developments, with investors, intermediaries and housing providers all seeking more reliable standards to assess social as well as ...

ACCR highlights lack of transparency in political donations

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2016  |  NEWS
The Australasian Centre for Corporate Responsibility (ACCR) is planning to lodge resolutions this annual general meeting (AGM) season to push companies for better disclosure of their direct and indirect political donations. ACCR has released a report ...

Disconnects holding back gender diversity: EY report

RACHEL ALEMBAKIS  |  FRIDAY, 10 JUN 2016  |  NEWS
Although gender diversity is a governance issue for corporate boards globally, only 13% of executives from companies around the world expect a significant increase in the number of women in leadership roles in the next five years, according to a new ...