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ASX adds social license to operate, TCFD to corporate governance guide

RACHEL ALEMBAKIS  |  MONDAY, 14 MAY 2018  |  NEWS
The ASX Corporate Governance Council has proposed a further evolution to its recommendations for how listed companies disclose environmental and social sustainability risks, including social license to operate and greater guidance on carbon risk. Louise ...

Australian CSR professionals appear unprepared for Modern Slavery Act: Deloitte

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2018  |  NEWS
Australian business appear unprepared for the imminent introduction of the Modern Slavery Act 2018, according to the findings of Deloitte's 2018 Annual Review of the State of CSR in Australia and New Zealand report. Leeora Black, partner, Deloitte The ...

Pollinate Energy merges with US-based Empower Generation

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2018  |  NEWS
Pollinate Energy, a social enterprise that provides affordable solar lighting to people in India's urban slums, is merging with U.S. based Empower Generation, creating a combined social enterprise that will operate in India and Nepal. Women Entrepreneurs ...

Climate-related shareholder resolutions put to Rio Tinto, QBE AGMs

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2018  |  NEWS
In watershed votes on climate-related issues, more than 18% of shareholders at Rio Tinto and QBE backed resolutions related to climate change-related risk. Bill Hartnett, head of sustainability, Local Government Super On May 2, Rio Tinto held its Australian ...

Future of mobility requires key action by business, policy makers: SBA

RACHEL ALEMBAKIS  |  FRIDAY, 27 APR 2018  |  NEWS
Radical shifts in the future of and mobility require business and policy makers to play a key role in delivering sustainable transport solutions, according to research from Sustainable Business Australia (SBA). Andrew Petersen, CEO, Sustainable Business ...

Ausbil outlines 2017 engagement activities in annual report

RACHEL ALEMBAKIS  |  FRIDAY, 27 APR 2018  |  NEWS
Ausbil Investment Management has engaged with companies on human rights in supply chains, climate change, improved environmental, social and governance (ESG) disclosure, and corporate governance. Mans Carlsson-Sweeny, Ausbil The fund has issued its ...

SSGA launches State Street Low Carbon ESG International Equities Index Trust

RACHEL ALEMBAKIS  |  FRIDAY, 27 APR 2018  |  NEWS
State Street Global Advisors (SSGA) has evolved one of its international equities indices to reduce carbon emissions and reserves intensity by 50%. Susan Darroch, head of Global Equity BetaSolutions, Asia ex Japan, State Street Global Advisors The State ...

Improved disclosure in fashion supply chain: Baptist World Aid Australia

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2018  |  NEWS
Fashion retailers around the world continue to improve their disclosure and management of human rights risks in their supply chain, but "transparency remains a challenge in the industry," according to Baptist World Aid Australia. Baptist World Aid Australia ...

ESG analysis important to emerging market credit: Insight Investment

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2018  |  NEWS
Environmental, social and governance (ESG) analysis is an important part of credit analysis for emerging market debt, according to Insight Investment. Insight Investment, a $1.012 trillion global asset manager owned by BNY Mellon, notes that they integrate ...

Rising importance of sustainability in the commercial real estate industry

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2018  |  NEWS
Editor's note: The Sustainability Report is pleased to run this comment piece from Cromwell Property Group By Bobby Binning, Head of Property at Cromwell Property Group Bobby Binning, Head of Property at Cromwell Property Group Institutional investors ...