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Melbourne wins energy efficient built environment award

RACHEL ALEMBAKIS  |  FRIDAY, 6 SEP 2013  |  NEWS
The City of Melbourne has been recognised at the C40 and Siemens Climate Leadership Award in the category of Energy Efficient Built Environment. The award, which was given in London earlier this week, recognises Melbourne's initiatives to create an ...

AXA IM: impact investing to drive growth in ESG strategies

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 SEP 2013  |  NEWS
Impact investment and other trends will drive growth in environmental, social and governance (ESG) strategies over the next 10 years, according to AXA Investment Managers (AXA IM). Matt Christensen, global head of responsible investment, AXA IM Matt ...

GNDI comments on proposed Integrated Reporting framework

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 SEP 2013  |  NEWS
The Global Network of Director Institutes (GNDI) supports improvements to corporate reporting as proposed in the International Integrated Reporting Framework, but says that any changes to the way organisations report should reduce the overall reporting ...

Corporates should look beyond CSR to creating shared value

RACHEL ALEMBAKIS  |  FRIDAY, 30 AUG 2013  |  NEWS
There are business benefits to integrating social programs into business strategy beyond enhanced reputation, according to the CEO of Opportunity International Australia. Robert Dunn, CEO, Opportunity International Australia Integrating social programs ...

HSBC calls for policies to support low-carbon financing

RACHEL ALEMBAKIS  |  FRIDAY, 30 AUG 2013  |  NEWS
Smart global policy frameworks are necessary to reward financial markets to find the more than US$1 trillion per year that will be needed to decarbonise the global energy system by 2020, according to HSBC Global Research. HSBC said that in addition ...

ASX to include ESG disclosures in governance principles

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 AUG 2013  |  NEWS
The Australian Securities Exchange (ASX) has proposed amending its Governance Principles and Recommendations to ask listed companies to disclose how economic, environmental and social sustainability risks are being identified and managed. The ASX Group's ...

Corporate governance guidelines on agenda ahead of AGMs

RACHEL ALEMBAKIS  |  FRIDAY, 23 AUG 2013  |  NEWS
Boards of listed companies are more proactively seeking out meetings with active investors and engagement organisations, and in an unanticipated benefit of the impact of the two strikes rule, engagement specialists are saying boards are more receptive ...

WWF: ETS repeal to reduce renewable energy, increase prices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 AUG 2013  |  NEWS
Repealing Australia's emissions trading scheme would reduce renewable energy production and retail electricity customers would likely face higher prices, according to a report released by WWF-Australia. Graphic courtesy of WWF-Australia The report finds ...

Government drafts legislation to bring forward ETS timeline

RACHEL ALEMBAKIS  |  FRIDAY, 9 AUG 2013  |  NEWS
The Department of Industry, Innovation, Climate Change, Science, Research and Tertiary Education (DIICCSRTE) has released two draft bills to implement the changes required to bring forward the move to the flexible emissions trading scheme (ETS) carbon ...

J.P. Morgan rates Australian REITs reporting, management

RACHEL ALEMBAKIS  |  FRIDAY, 9 AUG 2013  |  NEWS
Australia's real estate investment trusts (REITs) "are amongst the most progressive globally when it comes to acknowledging, measuring and managing ESG risks," according to analysis by J.P. Morgan. J.P. Morgan's Australian equity research team questioned ...