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Highlights of a year in The Sustainability Report

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 JAN 2012  |  NEWS
2012 is set to be another full year for sustainability and environmental, social and governance considerations, including events like the Rio+20 United Nations Conference on Sustainable Development in June, we look back at the topics that stirred interest ...

Share placements become governance issue for investors

RACHEL ALEMBAKIS  |  FRIDAY, 23 DEC 2011  |  NEWS
Publicly listed companies should recognise existing shareholders when raising equity capital, and should disclose how a capital equity raising is priced and built and ensure that fees associated with a equity capital raising reflect value and risk ...

Optus CR discloses responsible marketing, customer service

RACHEL ALEMBAKIS  |  FRIDAY, 23 DEC 2011  |  NEWS
Telecommunications provider Optus said responsible marketing, customer service and safety, driving innovation and uptake of technology and building social inclusion were all material issues to their corporate responsibility (CR) goal. Optus, a subsidiary ...

Elders seeking new markets for live cattle export

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 DEC 2011  |  NEWS
Elders has sought out new customers for its long-haul live export cattle trading division while noting ongoing uncertainty around Indonesian live cattle exports. Elders reported a consolidated loss after tax of AU$395.3m for the 2010/2011 fiscal year ...

Carbon Farming Initiative welcomed, more work to come

RACHEL ALEMBAKIS  |  FRIDAY, 16 DEC 2011  |  NEWS
The launch of the Carbon Farming Initiative brings opportunities for landholders to generate tradeable carbon credits from carbon abatement and sequestration activities. At the moment, the CFI only recognises three procedures to generating carbon credits ...

NAB endorses natural capital declaration

RACHEL ALEMBAKIS  |  FRIDAY, 16 DEC 2011  |  NEWS
National Australia Bank and Rabobank are the first two banks to endorse a financial sector declaration to address the use of natural capital by businesses. NAB has become a signatory of the Natural Capital Declaration, which affirms the importance of ...

Wesfarmers recognised at Australian Sustainability Awards

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 DEC 2011  |  NEWS
Wesfarmers has been named the Australian Sustainability Award 2011 Company of the Year. Wesfarmers was given the award because of its responsiveness to "engagement on issues of concern to the ethical investment sector," according to Ethical Investor ...

Environmental Upgrade Agreements vehicle for green investment

RACHEL ALEMBAKIS  |  FRIDAY, 9 DEC 2011  |  NEWS
Environmental Upgrade Agreements (EUAs), a new category of tri-partite lending vehicles, have been created for use in commercial buildings in New South Wales and the City of Melbourne. EUAs provide longer term, fixed rate debt facilities for owners ...

Reports critique ASX companies' supply chain disclosures

RACHEL ALEMBAKIS  |  FRIDAY, 9 DEC 2011  |  NEWS
The social and environmental supply chain policies and disclosures of ASX-listed companies has come under renewed scrutiny, with Net Balance concluding ASX100 companies do not uniformly disclose those supply chain impacts, and the Australian Council ...

David Bradbury announces inquiry on future of the AGM

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 DEC 2011  |  NEWS
Parliamentary Secretary to the Treasurer David Bradbury said that while regulators and legislators have not mandated one system of reporting on corporate social responsibility, companies should "think hard" about how to best report on environmental ...