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Minerals Council of Australia implementing water accounting

RACHEL ALEMBAKIS  |  FRIDAY, 30 NOV 2012  |  NEWS
The Minerals Council of Australia (MCA) has designed and is implementing a water accounting framework to provide a means for companies to analyse their water use and management in a way that is tailored to the minerals industry. Developed in conjunction ...

IIRC publishes integrated reporting prototype

RACHEL ALEMBAKIS  |  FRIDAY, 30 NOV 2012  |  NEWS
... The content elements are defined as organizational overview and operating context, governance, opportunities and risks, strategy and resource allocation, business model, performance and outcomes, and future outlook. "By publishing the prototype, we are ...

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
... climate change issues, but the firm decided to buy Woolworths to engage on this issue, said Paul Smith, general manager, strategy and communications. "From our ethical mandate we don't invest in any company which supports gambling, in either a direct ...

Investment in programs for Aboriginal women and girls needed

RACHEL ALEMBAKIS  |  FRIDAY, 23 NOV 2012  |  NEWS
Programs that assist Aboriginal women and girls can have a multiplier effect through the wider community because women act as catalysts for social change according to a report examining approaches for philanthropic investment. The AMP Foundation report ...

DEXUS building awarded international prize for innovation

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 NOV 2012  |  NEWS
DEXUS Property Group's office tower at 1 Bligh Street, Sydney has been awarded 'The International High-rise Award 2012' by Deutsches Architekturmuseum. 1 Bligh Street, Sydney The award recognises the world's most innovative high-rise building and it ...

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 ...

PRI publishes hedge fund responsible investment paper

RACHEL ALEMBAKIS  |  FRIDAY, 16 NOV 2012  |  NEWS
... consider fundamental factors," the paper said. "Such an approach could be suitable in an equity or credit long/short strategy. However where a strategy involves being long or short an index or sector (as opposed to an individual equity or credit) investors ...

ANZ creates hydroelectric power policy for lending

RACHEL ALEMBAKIS  |  FRIDAY, 16 NOV 2012  |  NEWS
ANZ Bank has created a hydroelectric power policy so that the bank can align its lending practices with best practices regarding issues such as water quality and working with communities that might be impacted by infrastructure development. The bank ...

LGS generating energy savings certificates from retrofits

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 NOV 2012  |  NEWS
... energy savings certificates are viewed as a source of added return, rather than a central component to the sustainability strategy. "We're viewing it as an additional income stream that didn't appear in our business case," he said. "It's a good initiative ...