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Impact Investing Australia hires Daniel Madhavan

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 OCT 2014  |  NEWS
Impact Investing Australia has hired Daniel Madhavan to the newly created role of chief executive officer. Daniel Madhavan, CEO, Impact Investing Australia Madhavan comes to Impact Investing Australia from JBWere, where he worked for 12 years in a range ...

APRA adds materiality to trustees' risk management declaration

RACHEL ALEMBAKIS  |  FRIDAY, 17 OCT 2014  |  NEWS
The Australian Prudential Regulation Authority (APRA) has informed superannuation fund trustees that materiality is part of the board's risk management declaration, widening the scope of risks that trustees must disclose to the prudential regulator. ...

DCA panel addresses employment of people with disabilities

RACHEL ALEMBAKIS  |  FRIDAY, 17 OCT 2014  |  NEWS
People with disabilities have higher rates of unemployment, meaning employers are under-utilising a "highly capable pool of talent," according to Diversity Council Australia. DCA and ANZ Bank recently hosted a panel discussion exploring ways in which ...

UNSW issues first sustainability report

RACHEL ALEMBAKIS  |  FRIDAY, 17 OCT 2014  |  NEWS
The University of New South Wales (UNSW) has issued its firs t sustainability report, disclosing its environmental and social performance and the impact of its sustainability research and education. The university disclosed its performance around waste ...

CDP recognise ASX companies for climate action

RACHEL ALEMBAKIS  |  FRIDAY, 17 OCT 2014  |  NEWS
Six Australian companies have been named to CDP's Climate Performance Leadership Index 2014. CDP selected 187 companies globally that exhibit leadership through action to mitigate climate change, and found that as an index, those companies outperform ...

LGS hires Scott Armstrong as property portfolio manager

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 OCT 2014  |  NEWS
Local Government Super (LGS) has hired Scott Armstrong as property portfolio manager. Armstrong will manage LGS' Local Government Property Fund (LGPF), an unlisted fund comprised of nine NSW commercial, retail and industrial property assets - five office ...

Australian companies still lag on anti-corruption policies

RACHEL ALEMBAKIS  |  FRIDAY, 10 OCT 2014  |  NEWS
Australian companies continue to lag their international peers when it comes to creation and enforcement of anti-corruption and fraud policies, according to KPMG. Gary Gill, partner and head of forensic, KPMG "From an Australian perspective, I don't ...

CSIRO hire Larry Marshall as chief executive

RACHEL ALEMBAKIS  |  FRIDAY, 10 OCT 2014  |  NEWS
The Commonwealth Scientific and Industrial Research Organisation (CSIRO) has hired Dr Larry Marshall as its new chief executive. Larry Marshall, incoming chief executive of CSIRO Marshall is currently the managing director of Southern Cross Venture ...

Local Government Super enhances carbon-related screens

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 OCT 2014  |  NEWS
Local Government Super (LGS) will exclude companies with a material exposure to high carbon-sensitive activities and has opened the door to investing in nuclear energy. LGS CEO Peter Lambert LGS recently completed the review of its negative screening ...

KPMG: top global miners make $1.2bn in social investments

RACHEL ALEMBAKIS  |  FRIDAY, 3 OCT 2014  |  NEWS
Mining, metals and engineering companies make billions of dollars of social investments, yet few companies report on the impacts these programs are having, according to KPMG. Carl Adams, head of mining, KPMG Australia KPMG's Global Mining Institute ...