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Unconventional gas development poses risks to investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 DEC 2012  |  NEWS
Unconventional oil and gas development techniques for extracting coal seam gas (CSG) and shale gas reserves in Australia presents environmental and political risks that responsible investors must take into account, according to panelists in a recent ...

CPA Australia issues SME sustainability assurance guide

RACHEL ALEMBAKIS  |  FRIDAY, 7 DEC 2012  |  NEWS
CPA Australia has published a guide designed to accountants' capacity to provide assurance on sustainability reports for small and medium-sized entities (SMEs). Amir Ghandar The report, A Guide for Assurance on SME Sustainability Reports, is a practitioners' ...

More women appointed to ASX200 boards

RACHEL ALEMBAKIS  |  FRIDAY, 7 DEC 2012  |  NEWS
ASX200 companies are continuing to appoint more women to boards, leading to more diversity in age as well as in gender, according to the Australian Institute of Company Directors (AICD). The AICD ASX 200 Snapshot Report 2012 found that women directors ...

Will sustainability survive the end of the boom?

JOSH DOWSE  |  FRIDAY, 7 DEC 2012  |  NEWS
Editor's Note: The Sustainability Report is pleased to present this column from Josh Dowse. Josh is principal of Dowse CSP, a sustainability/ESG advisory firm, has worked on ESG, sustainability and communication issues with McKinsey & Company and Macquarie ...

MSCI: Asia Pacific, EU green building market show potential

RACHEL ALEMBAKIS  |  FRIDAY, 30 NOV 2012  |  NEWS
Globally, the green building market has more growth potential in the Asia-Pacific and Europe than in North America, according to research from MSCI. In the latest MSCI ESG IVA Industry Report: Real Estate, MSCI benchmarks 70 of the largest real estate ...

One third of ASX100 companies assure sustainability reports

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 NOV 2012  |  NEWS
Only 30 ASX100 companies in 2011 had their sustainability reporting assured by independent third parties, in line with global trends, according to research from the Association of Chartered Certified Accountants (ACCA) and the Net Balance Foundation. ...

Woolworths poker machine vote fails, but push to continue

RACHEL ALEMBAKIS  |  FRIDAY, 23 NOV 2012  |  NEWS
Shareholders overwhelmingly rejected a motion demanding retailer Woolworths Limited to put $1 maximum bet limits on the poker machines they operate, but engagement advisers and active institutional investors say they do not believe the issue is dead ...

Fiona Reynolds to take PRI managing director role

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 NOV 2012  |  NEWS
Fiona Reynolds has resigned as CEO of the Australian Institute of Superannuation Trustees (AIST) to take a job as managing director of the Principles for Responsible Investment (PRI). Fiona Reynolds The newly created position will see Reynolds work ...

Investor groups call for new climate change policy responses

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 NOV 2012  |  NEWS
... the European Institutional Investors Group on Climate Change (IIGCC), the North American Investor Network on Climate Risk (INCR), the Asia Investor Group on Climate Change (AIGCC) and the United Nations Environment Programme Finance Initiative (UNEP ...

Boards increasing engagement on remuneration reports

RACHEL ALEMBAKIS  |  FRIDAY, 16 NOV 2012  |  NEWS
Boards of listed companies are continuing to increase the amount of time they spend engaging with investors, particularly around executive remuneration issues, said Amanda Wilson, Regnan managing director. Wilson said that in the lead-up to this year's ...