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Creating shared value a strategic opportunity for banks

RACHEL ALEMBAKIS  |  FRIDAY, 11 JUL 2014  |  NEWS
Banks can create shared value by focusing on products that further client prosperity, fueling the growth of regional economies and financing solutions to global challenges, according to research from consultancy FSG. Paula Benson, general manager, corporate ...

CDP: World cities report climate change business impacts

RACHEL ALEMBAKIS  |  FRIDAY, 11 JUL 2014  |  NEWS
Cities recognise that climate change is a threat to businesses located within their municipalities, with impacts on property, capital, infrastructure and social impacts to communities, according to research from CDP. CDP has published Protecting Our ...

Good Shepherd Microfinance to open SA Good Money store

RACHEL ALEMBAKIS  |  FRIDAY, 4 JUL 2014  |  NEWS
Good Shepherd Microfinance is going ahead with plans to establish a Good Money store in Adelaide to provide access to microfinance products, financial counselling and other services to financially excluded people. Good Shepherd Microfinance CEO Adam ...

Addressing the human crisis of climate change displacement

RACHEL ALEMBAKIS  |  FRIDAY, 4 JUL 2014  |  NEWS
Climate change is expected to cause mass human displacement, but that displacement can be prevented and repaired if government policies are put in place to focus on ensuring affected people have access to land, according to a new book edited by climate ...

ARENA provides $11 million grant to Carnegie Wave Energy

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 JUL 2014  |  NEWS
The Australian Renewable Energy Agency (ARENA) has granted AU$11 million to Carnegie Wave Energy 's CETO 6 project. The funding will support Carnegie Wave's progress towards commercialisation of its CETO wave energy technology. CETO units are large ...

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

RACHEL ALEMBAKIS  |  FRIDAY, 27 JUN 2014  |  NEWS
Community 21, the financial services organisation that jointly owns Community Sector Banking with Bendigo and Adelaide Bank, is seeking to raise up to AU$4 million in a share offering open to non-profits. Peter Quarmby, Community 21 executive director ...

PRI signatory assets top US$45 trillion

RACHEL ALEMBAKIS  |  FRIDAY, 27 JUN 2014  |  NEWS
The Principles for Responsible Investment's (PRI) total signatory assets under management (AUM) grew to more than US$45 trillion to the end of April 2014, with the number of signatories reaching 1,260, PRI said. Fiona Reynolds, UN PRI managing director ...

ACSI: companies paid premium for rights issue underwriting

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 JUN 2014  |  NEWS
Companies paid a premium of more than AU$170 million for underwriting of rights issues between 2010 and 2012, according to research conducted by the Australian Council of Superannuation Investors (ACSI). ACSI conducted benchmark modelling of what underwriting ...

AMP Capital assesses progress, risks in Bangladesh factories

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 JUN 2014  |  NEWS
Although work is underway in Bangladesh to improve the fire and building safety of factories in an attempt to prevent further tragedies such as 2012's Rana Plaza factory collapse, Australian retailers that source apparel from Bangladeshi suppliers are ...

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 ...