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Ruling against Heinz shows risks in public shift towards health foods

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAR 2018  |  NEWS
The recent Federal Court decision upholding allegations made by the Australian Competition and Consumer Commission (ACCC) that Heinz's Little Kids Shredz children's food range was misleading to consumers because it suggested the high sugar products ...

International Finance Corporation issues $300m Kangaroo social bond

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAR 2018  |  NEWS
The International Finance Corporation (IFC), a member of the World Bank, has issued an AU$300 million Kangaroo social bond, the first of its kind. The Kangaroo social bond will be used to fund a program that "benefits women entrepreneurs and low-income ...

Norton Rose Fulbright partners to form new energy sector advisory business

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAR 2018  |  NEWS
law firm Norton Rose Fulbright today announced that partner and current global head of energy Simon Currie, and partner Vincent Dwyer, will leave the business to form a new advisory business for the energy sector. The new business will provide strategic ...

Deloitte survey finds procurement leaders lack visibility in supply chain

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2018  |  NEWS
Procurement leaders around the world "don't have enough visibility" in their supply chains, raising the spectre of compliance risks with the widely anticipated Australian version of the Modern Slavery Act, Deloitte cautions. Leeora Black, partner, Deloitte ...

Eight Investment Partners launches 8IP Australian Equity Impact Fund

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2018  |  NEWS
Eight Investment Partners (8IP) has launched its first retail Australian equities fund geared towards capturing environmental/social impact in ASX-listed. Kerry Series, principal and chief investment officer, 8 Investment Partners 8IP seeded the 8IP ...

CEFC provides $90m in financing to Mirvac for residential clean energy initiative

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2018  |  NEWS
The Clean Energy Finance Corporation (CEFC) is committing up to $90 million in debt finance to developer Mirvac to embed clean energy initiatives in the construction of three new masterplanned residential communities. Ian Learmonth, CEO, Clean Energy ...

$12.5 million ARENA initiative to fund distributed energy resources projects, studies

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2018  |  NEWS
The Australian Renewable Energy Agency (ARENA) has launched a $12.5 million initiative to fund pilot projects and studies to integrate distributed energy resources (DER) into the electricity system. The aim of the initiative is to increase the proportion ...

Sustainable returns versus ESG risk analysis: Stewart Investors

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAR 2018  |  NEWS
Analysing companies for their ability to produce long term sustainable results based on their environmental and social material issues has led Stewart Investors to focus on how companies' key purpose before investing in it. Stewart Investors recently ...

Less than one-fifth of board, executive positions held by women globally: Vigeo Eiris

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAR 2018  |  NEWS
Globally, less than one fifth of board and executive-level positions were held by women in 2016, according to survey of Vigeo Eiris data. Julia Leske, CEO, CAER Vigeo Eiris has published research to coincide with International Women's Day, looking at ...

Nearly half of all board appointments to date in 2018 women: AICD

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAR 2018  |  NEWS
Nearly one out of every two ASX200 board appointments thus far in 2018 has been a woman, according to new research from the Australian Institute of Company Directors (AICD). Louise Petschler, general manager - advocacy, AICD Women made up 47% of ASX200 ...