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Fund manager: remuneration reports filled with "mumbo jumbo"

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 APR 2012  |  NEWS
Remuneration reports have become overly long and filled with legal jargon that is not easily understood, said Peter Morgan, founder of 452 Capital. Speaking at the Ownership Matters governance conference in Melbourne, Morgan told an audience of investors ...

Santos identifies 24 material sustainability indicators

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 APR 2012  |  NEWS
... emissions management; and successful community and landholder relationships," said David Knox, Santos CEO and managing director, in the company sustainability report. "I am committed to meeting or exceeding the highest legislative, ethical, environmental ...

Investors require more corporate ESG disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 30 MAR 2012  |  NEWS
Companies listed on the Australian Stock Exchange should be disclosing their material environmental, social and governance (ESG) risks, including the future anticipated costs of carbon emissions, a panel of investment and accounting principles said. ...

Companies should present negative sustainability performance

RACHEL ALEMBAKIS  |  FRIDAY, 30 MAR 2012  |  NEWS
... stakeholders from using sustainability reports to understand sustainability performance," said Leeora Black, ACCSR's managing director and one of the authors of the report. "Readers want balance and transparency, as well as accuracy and relevance, because ...

FlexiGroup joins Low Carbon Australia on financing program

RACHEL ALEMBAKIS  |  FRIDAY, 30 MAR 2012  |  NEWS
... introduce efficiency measures without capital outlay or putting a strain on cash flow," said John DeLano, FlexiGroup managing director and CEO. "[B]y upgrading your traditional office overhead fluorescent T8 tubes to energy saving T5 tubes, you can reduce ...

Integrated reporting to provide analysis, innovation

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 MAR 2012  |  NEWS
Integrated reporting could act as a "steadying arm" to the invisible hand of the free market, said Jane Diplock, director, Singapore Exchange. Speaking at the Australian Global Reporting Initiative (GRI) Conference on Sustainability and Integrated Reporting ...

Emerald Wrap launches, joins UNPRI

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 MAR 2012  |  NEWS
... Advice] FoFA and the carbon tax, is helping the case for values based financial planning," said Justin Medcalf, managing director of the Emerald Club. "Clients are becoming more aware of the issues facing their investments and want to know their money ...

Corporate sustainability a vehicle for value creation

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAR 2012  |  NEWS
... of real societal context. What we're trying to do is have a more nuanced view on how they create value." Hanks is the director of Incite Sustainability, which is a strategic consultancy and advocacy group that advises South African companies. He has ...

Q&A with James Gifford, executive director of the UNPRI

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2012  |  NEWS
James Gifford is the executive director of the UNPRI. He is currently in Australia and met with The Sustainability Report to talk about PRI's progress, its future plans, the challenges to implementing responsible investment (RI,) and how PRI can assist ...

UNPRI writes letter to UNGC leaders and laggards

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2012  |  NEWS
... governance and enhanced transparency, all of which are necessary to protect long-term returns," said James Gifford, executive director of the PRI. "Companies need to understand this if they want to attract capital." UNGC has previously announced that ...