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Diversity Council Australia explores "double jeopardy" facing culturally diverse women

RACHEL ALEMBAKIS  |  FRIDAY, 8 SEP 2017  |  NEWS
A survey of more than 230 culturally diverse women who are leaders or aspiring leaders in Australian-based businesses say that there is strong evidence that "double jeopardy" - gender and cultural background combining - is locking them out of leadership. ...

Regnan calls for greater disclosure on human capital management

RACHEL ALEMBAKIS  |  FRIDAY, 8 SEP 2017  |  NEWS
Regnan is calling upon listed companies to disclose more information on human capital management, citing the "increasingly important link" between human capital management and corporate value. Pauline Vamos, CEO, Regnan Regnan has issued a report providing ...

Local Government Super hires David Smith as new CEO

RACHEL ALEMBAKIS  |  FRIDAY, 8 SEP 2017  |  NEWS
Local Government Super (LGS) has hired David Smith as the new chief executive officer. Katherine O'Regan, LGS board chair Smith comes to LGS from AXIS Specialty Australia, where he was CEO. Prior to this, he was CEO of Zurich Financial Services, and ...

New super funds use technology, responsible investment focus to reach members

RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2017  |  NEWS
The forthcoming launch of new retail superannuation funds points to an interesting trend - a focus on member-centric technology, more focused investment offerings and out-front messaging putting responsible/ethical investment at the centre of the offering. ...

Australian companies developing internal carbon price within the next two years: SBA

RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2017  |  NEWS
Around half of Australian businesses providing information to the CDP will be using an internal carbon price within the next two years to help manage climate risk, according to research by Sustainable Business Australia (SBA). Andrew Petersen, CEO ...

Australian Ethical Investment reports annual profit of $2.9 million

RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2017  |  NEWS
Australian Ethical Investment has reported a net profit after tax of $2.90 million, down 3% on 2016. Phil Vernon, Australian Ethical Investment managing director The consolidated statutory net profit after tax was $2.924 million, as compared to $3.186 ...

30% Club Australia calls for renewed push to get women on boards

RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2017  |  NEWS
The 30% Club Australia is calling on the investment community to engage with boards on the issue of diversity as the pace of female appointments slows. The 30% Club Australia is campaigning for 30% women on ASX200 boards by the end of 2018. Their call ...

Globally, few companies can effectively demonstrate climate risk disclosure: SSGA

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
Few globally listed companies can "effectively demonstrate to investors how they climate risk into long-term strategy", according to State Street Global Advisors (SSGA). Rakhi Kumar, Managing Director and Head of ESG Investments and Asset Stewardship ...

ASX100 CEO pay remains below 2009 peak: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
Average fixed pay for ASX100 CEOs in 2016 was $1.89 million, with median CEO pay at $1.79 million, well below the 2009 peak for pay, according to the Australian Council of Superannuation Investors' (ACSI) annual survey of CEO pay. Louise Davidson, ACSI ...

Good Shepherd Microfinance, NAB mark 5th anniversary of Good Money launch

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
The Good Money retail stores pioneered by Good Shepherd Microfinance in partnership with the National Australia Bank (NAB) and state governments have turned five. L-R: Adam Mooney, Chief Executive Officer at Good Shepherd Microfinance, Corinne Proske ...