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Commonwealth Bank reports increased customer satisfaction

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 NOV 2012  |  NEWS
Commonwealth Bank of Australia reported an increase in retail customer satisfaction of 79%, a 4% jump from last year, as well as increases in gender diversity and community program funding in its most recent sustainability report. Commonwealth Bank ...

Responsible investment in The Asian Century

RACHEL ALEMBAKIS  |  FRIDAY, 2 NOV 2012  |  NEWS
The recently published Australia in the Asian Century white paper is focused on structural changes to the Australian economy and society that will put the country on the path to respond to the opportunities and reduce risks of some of the challenges. ...

AXA IM brings ESG equities analytic framework to Australia

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2012  |  NEWS
AXA Investment Managers (AXA IM) will bring a new environmental, social and governance (ESG) framework to Australia, while launching new research demonstrating how integrating ESG into investment processes can augment decision making. Matt Christensen ...

Operational changes needed to strengthen AGM voting: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 19 OCT 2012  |  NEWS
Participants in the Australian institutional proxy voting system need to reform operational processes to prevent potential errors, according to a study released today by the Australian Council of Superannuation Investors (ACSI). The study was conducted ...

SEFA: developing sustainable loan portfolio

RACHEL ALEMBAKIS  |  FRIDAY, 12 OCT 2012  |  NEWS
Social Enterprise Finance Australia (SEFA), an AU$20m fund lending to social enterprises, is working to build a sustainable loan portfolio while also working to contribute to the development of the social financing sector in Australia, fund officials ...

Kenyan bank endorses Natural Capital Declaration

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 OCT 2012  |  NEWS
The KCG Group has endorsed the Natural Capital Declaration (NCD), becoming the first Kenyan bank and the second African bank to sign on to the declaration. The Natural Capital Declaration affirms the importance of natural capital in maintaining a sustainable ...

Bendigo Wealth to provide support to Cool Australia

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 OCT 2012  |  NEWS
Bendigo Wealth has announced a partnership with Cool Australia. The partnership will see Bendigo Wealth, the wealth management division of Bendigo and Adelaide Bank, provide financial support for Cool Australia, a not-for-profit that educates Australian ...

Using natural capital to add to risk, opportunity analysis

RACHEL ALEMBAKIS  |  FRIDAY, 21 SEP 2012  |  NEWS
Business, government and wider society must account for and manage the value and use of natural capital to maintain a sustainable global economy. Valuing natural capital as part of an economy is a challenge because standard investment and economic measures ...

Sean Flannery joins Climate Bonds Advisory Panel

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 SEP 2012  |  NEWS
Sean Flannery has joined the Climate Bonds Advisory Panel. Flannery is chief operating officer and director of sustainable investment strategies at Meister Consultants Group in Boston, and is a director of IFOK. He is also former CIO, Americas, of State ...

NAB funds second Environmental Upgrade Agreement

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2012  |  NEWS
National Australia Bank, Eureka Funds Management and Low Carbon Australia have signed an environmental upgrade agreement (EUA) with the Suleman property development group to fund the retrofit of a Melbourne office block. 470 Collins St Photo courtesy ...