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Australian Ethical Investment reports annual profit of $2.9 million

RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2017  |  NEWS
Australian Ethical Investment has reported a net profit after tax of $2.90 million, down 3% on 2016. Phil Vernon, Australian Ethical Investment managing director The consolidated statutory net profit after tax was $2.924 million, as compared to $3.186 ...

Globally, few companies can effectively demonstrate climate risk disclosure: SSGA

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
... investments and asset stewardship at State Street Global Advisors (SSGA). The oil and gas, utilities and mining sectors ("high-impact sectors") account for over one quarter of annual GHG emissions, which accounts for their particular focus. SSGA manages ...

ASX100 CEO pay remains below 2009 peak: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
... exceptional performance, over and above normal expectations," Davidson said. "The prevalence of CEO bonuses at consistently high levels raises serious questions about the way performance hurdles are being designed and applied. The fact that only 18 CEOs ...

Good Shepherd Microfinance, NAB mark 5th anniversary of Good Money launch

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
... when we dreamt up the idea for Good Money was, what would happen and who would walk through the door if we put it on the high street," Anderson said. "We looked at the data that was coming through - 70% of applicants and applications to low interest ...

Alpha Fund Managers invests in Australian Ethical Australian Shares Fund

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
... "These appointments will continue to drive our current focus on ensuring advisers and their clients have access to a range of high quality ethical options that deliver solid performance while supporting a sustainable future."

UCA Funds Management hires James Cook as director investments

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
UCA Funds Management has hired James Cook as director investments. Michael Walsh, UCA Funds Management Cook has more than 32 years' experience in portfolio and senior management experience in Australia and the UK. He comes to UCA Funds Management from ...

Government to introduce Australian Modern Slavery Act

RACHEL ALEMBAKIS  |  FRIDAY, 18 AUG 2017  |  NEWS
... discuss human rights in the supply chain, and the government's announcement featured heavily in the discussion. "There is a high level agreement that we need to do something and there is a lot of support for the idea that we should have a Modern Slavery ...

Cyber security a rapidly evolving material risk for companies: Citi Research

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2017  |  NEWS
... companies were the ability to secure and/or keep secret critical information assets (27% of respondents) and the handling of high value financial transactions or other high risk assets (22%). Respondents cited other key risk factors related to safety ...

WA ranks 8th globally in National Resource Governance Institute assessment

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2017  |  NEWS
Western Australia's iron ore mining sector scores 71 of 100 points and ranks eighth of 89 governing jurisdictions assessed for governance of their oil, gas and mining sectors in the 2017 Resource Governance Index (RGI), conducted by the National Resource ...

Social Ventures Australia launches SVA Fundamentals for Impact

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2017  |  NEWS
Social Ventures Australia (SVA) has launched a new framework aimed at assisting social enterprises and funders to be more effective. Rob Koczkar, chief executive, Social Ventures Australia The SVA Fundamentals for Impact draws upon international research ...