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ANZ discloses ESG metrics in 2012 shareholder review

RACHEL ALEMBAKIS  |  FRIDAY, 18 JAN 2013  |  NEWS
ANZ Bank reported 70% employee engagement, AU$14.9 million in community investment and management of environmental, social and reputational risks as key non-financial indicators in its 2012 shareholder review. ANZ has presented its responsible practices ...

Developing methods for monitoring impact investment returns

RACHEL ALEMBAKIS  |  FRIDAY, 11 JAN 2013  |  NEWS
... investors have the insight, the skills and the investment experience in the field to be well placed to make sure there is high order due diligence, accountability and reporting. It's the impact investors that don't have that depth within the team and ...

ASrIA: US$74bn in sustainable investment assets in Asia

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 JAN 2013  |  NEWS
Over 130 investment managers in Asia use sustainable investment approaches, and there is US$74bn of identified sustainable investment assets under management in the Asian region, according to a report from the Association for Sustainable and Responsible ...

A view on Woolworths' corporate responsibility report

JOSH DOWSE  |  FRIDAY, 21 DEC 2012  |  NEWS
... asked to be all things to all people. Woolworths touches industries and communities more than most, so its stakeholders have high expectations. Just the strategic priorities for the supermarkets business are incredibly broad: "supporting local communities ...

Climate Change Authority backs Renewable Energy Target

RACHEL ALEMBAKIS  |  FRIDAY, 21 DEC 2012  |  NEWS
... (SRES), the CCA recommended measures to contain the SRES costs, which Fraser said has accounted for a "disproportionately high share of RET costs to electricity users, accounting for more than half of the scheme's costs." CCA recommended that the government ...

Mercer study to investigate shareholder loyalty rewards

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 DEC 2012  |  NEWS
Mercer, Stikeman Elliott LP and the Generation Foundation are investigating the concept of loyalty rewards, instruments designed to reward corporate shareholders for retaining their shares over a longer time period. Helga Birgden Loyalty rewards are ...

Low Carbon Australia finances $11m pilot energy project

RACHEL ALEMBAKIS  |  FRIDAY, 14 DEC 2012  |  NEWS
... power generation. Site of NovaPower's energy project in Traralgon, Victoria. (photo courtesy NovaPower) NovaPower will use high-efficiency Caterpillar gas-fired engines to provide lower-emissions power to SP AusNet in Traralgon, Victoria, following SP ...

Duncan Paterson steps down as RIAA board chair

RACHEL ALEMBAKIS  |  FRIDAY, 14 DEC 2012  |  NEWS
Duncan Paterson has stepped down as board chair of the Responsible Investment Association of Australasia (RIAA). Duncan Paterson, CAER Under the RIAA constitution, board members are limited to 10 years' continuous service, which Paterson has reached ...

Local Government Super leader on managing climate risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 DEC 2012  |  NEWS
The Asset Owners Disclosure Project (AODP) has released a global climate investment index ranking the world's largest institutional asset owners on how they invest to manage climate risk. Australia's Local Government Super (LGS) was ranked the top institutional ...

Unconventional gas development poses risks to investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 DEC 2012  |  NEWS
... are production disruptions and inefficiencies stemming from protests and low levels of community cooperation, and there is high potential to regulatory response, which are all risks to investments. These factors have impacted on investment decisions ...