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Australia in top ten for GRI sustainability reporting

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 MAY 2012  |  NEWS
Australia is one of the top ten countries for sustainability reporting using the Global Reporting Initiative (GRI) framework, according to a statistical analysis of the GRI Sustainability Disclosure database. Australia had 4% of the total number of ...

Skills shortage in oil and gas sector a material ESG risk

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAY 2012  |  NEWS
Oil and gas companies are exposed to skills shortages in their workforce, and that exposure and companies' strategic responses pose risks to health and safety, to the environment, and to capital expenditure projects for exploration and production, according ...

Superannuation funds increasingly act, invest sustainably

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAY 2012  |  NEWS
While 80% of superannuation funds have told research firm SuperRatings that they believe they have a responsibility to operate sustainably, only 20-30% of those respondents measure and report energy, waste and water usage regularly. In their annual ...

SAP: sustainability for innovation as well as cost reduction

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 MAY 2012  |  NEWS
SAP, the business management software provider, has integrated sustainability metrics into its corporate strategy for both internal cost reductions and as a source of corporate innovation, using a stakeholder body of executives and customers to gather ...

GBST, CAER to offer quantitative ESG data tool

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2012  |  NEWS
Global financial services technology provider GBST and corporate ESG research firm CAER - Corporate Analysis. Enhanced Responsibility are partnering on a quantitative ESG risk management tool aimed at superannuation funds and fund managers. The product ...

AMP hires Ross Andrews as ESG research associate

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2012  |  NEWS
AMP Capital has hired Ross Andrews as ESG research associate in line with its strategy to expand its proprietary Environmental Sustainable Governance (ESG) research more broadly across investment strategies. Ross Andrews, AMP Capital Andrews will assist ...

LGS audit finds ASX has higher carbon, lower ESG risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 MAY 2012  |  NEWS
Local Government Super (LGS) has conducted a carbon and ESG audit of its equity portfolios and found that while domestic Australian equities are more carbon intensive, they have a lower ESG risk than international peers. Bill Hartnett The audits show ...

Businesses must innovate in response to carbon constraints

RACHEL ALEMBAKIS  |  FRIDAY, 27 APR 2012  |  NEWS
A carbon-constrained economy presents long-term disruptive change to the business environment that requires innovation to respond with long-term strategies seeking opportunities with new business models, according to Sanjay Sharma, dean of the University ...

QIC selects Molpus Woodlands Group for timber mandate

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 APR 2012  |  NEWS
QIC has selected the US-based Molpus Woodlands Group as an investment partner, with the timberland specialist purchasing approximately 42,000 acres of timberland on QIC's behalf. James Dick, QIC head of alternative investments The AU$63.5bn institutional ...

Sustainable workforce a material corporate issue

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2012  |  NEWS
As companies and organisations look to manage their material sustainability factors, the issue of a sustainably managed and motivated workforce is coming to the forefront. While occupational health and safety issues are routinely managed and reported ...