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GRI opens comment on anti-corruption, GHG guidance

RACHEL ALEMBAKIS  |  FRIDAY, 17 AUG 2012  |  NEWS
The Global Reporting Initiative (GRI) is asking for public comment on its G4 draft guidance for anti-corruption and greenhouse gas (GHG) emissions reporting. GRI is currently developing the next generation of its sustainability reporting guidelines ...

ANZ a leader in financial inclusion, with scope to expand

RACHEL ALEMBAKIS  |  FRIDAY, 10 AUG 2012  |  NEWS
ANZ is a leader both in Australia and internationally for the development, strategy and delivery of financial inclusion and capability programs, according to a third-party review of the bank. According to the review by the Allen Consulting Group, ANZ's ...

Integrated reporting a tool to telling value creation story

RACHEL ALEMBAKIS  |  FRIDAY, 10 AUG 2012  |  NEWS
Integrated reporting offers organisations a framework to address the fact that the range of risks and opportunities that can affect long-term value generation are not always captured by the reporting boundaries of current year financial measures, according ...

ASX report shows companies' progress on gender diversity

RACHEL ALEMBAKIS  |  FRIDAY, 3 AUG 2012  |  NEWS
More than half of 211 ASX-listed companies have established a gender diversity policy as recommended by ASX Principle 3, according to a KPMG survey commissioned by the ASX. Ruth Medd The ASX survey showed that 61% of the 211 companies established gender ...

Sustainability reports a driver of action and engagement

RACHEL ALEMBAKIS  |  FRIDAY, 3 AUG 2012  |  NEWS
Sustainability reports provide external parties such as investors the opportunity to assess a company's performance to long term goals, and provides stakeholders with an opportunity to engage with the process of achieving sustainable targets, said panellists ...

ESG disclosures relevant to investors' decision-making

RACHEL ALEMBAKIS  |  FRIDAY, 3 AUG 2012  |  NEWS
Companies' extra-financial information, such as disclosures on governance and environmental issues, is used by analysts and investors to help analyse and inform investment decisions, according to research conducted by the Global Reporting Initiative ...

Investors alert to possible Metcash poker machine move

RACHEL ALEMBAKIS  |  FRIDAY, 27 JUL 2012  |  NEWS
With retailer Woolworths Limited facing a November extraordinary general meeting (EGM) over a move to change the company's constitution to limit the poker machines they own to AU$1 maximum bets, another distributor, Metcash, faced media allegations ...

IIRC appoints Peter Bakker deputy chair

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 JUL 2012  |  NEWS
Peter Bakker has been appointed deputy chair of the International Integrated Reporting Council (IIRC). Bakker has previously served as CEO of TNT NV, the Netherlands-based holding company of TNT Express and Royal TNT Post (formerly TPG Post). Under ...

Shareholders to face activist lobbying on Woolworths vote

RACHEL ALEMBAKIS  |  FRIDAY, 13 JUL 2012  |  NEWS
Shareholders in retailer Woolworths Limited will be asked at a November extraordinary general meeting (EGM) to vote on a motion demanding the company limit the poker machines they own to AU$1 bets. GetUp, the activist group behind the campaign to curb ...

Foresters launches Social Investment Australia lending fund

RACHEL ALEMBAKIS  |  FRIDAY, 13 JUL 2012  |  NEWS
Ed. note: substantially updated throughout with comment from Valda Wheeler, SIA Foresters Community Finance subsidiary Social Investment Australia (SIA) has launched a new fund offering financing to non-profits seeking to buy property. SIA has launched ...