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Bloomberg named supporter of Natural Capital Declaration

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 OCT 2014  |  NEWS
Bloomberg has become an official supporter of the Natural Capital Declaration (NCD). NCD is a global initiative that affirms the importance of natural capital in maintaining a sustainable global economy. Natural capital is described as the planet's ...

ACSI: CEO pay, termination pay drop for FY13

RACHEL ALEMBAKIS  |  FRIDAY, 19 SEP 2014  |  NEWS
The average total statutory pay package of ASX200 CEOs was AU$4.84 million in 2013, which is 63 times average earnings, a 33% drop below the 2007 peak of 94 times average earnings, according to the Australian Council of Superannuation Investors (ACSI). ...

Sustainalytics hires Cheryl Gustitus

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 SEP 2014  |  NEWS
Sustainalytics has hired Cheryl Gustitus to head global marketing and to lead strategic initiatives. Gustitus comes to Sustainalytics from GMI Ratings, where she was chief marketing officer. Prior to that, she worked for nearly 10 years with Institutional ...

KPMG proposes framework to analyse externalities

RACHEL ALEMBAKIS  |  FRIDAY, 12 SEP 2014  |  NEWS
The disconnect between corporate and societal value is disappearing, and companies are recognising that externalities are part of how they create value, according to a new report from KPMG. Chi Woo, KPMG Australia partner KPMG has recently released ...

AMP Capital reviews corporate governance activities

RACHEL ALEMBAKIS  |  FRIDAY, 12 SEP 2014  |  NEWS
Governance practices have evolved differently around the world, and as a result, AMP Capital has developed a nuanced, case-by-case approach to proxy voting and engaging with companies in varying markets. Karin Halliday, AMP Capital corporate governance ...

DJSI 2014 review names ASX companies industry leaders

RACHEL ALEMBAKIS  |  FRIDAY, 12 SEP 2014  |  NEWS
Commonwealth Bank of Australia has been added to the Dow Jones Sustainability Indices (DJSI) as S&P Dow Jones Indices and RobecoSAM announce the results of the 2013 DJSI review. CBA was one of the largest additions to the DJSI this year, with Dow Jones ...

Local property companies continue GRESB outperformance

RACHEL ALEMBAKIS  |  FRIDAY, 5 SEP 2014  |  NEWS
Australian/New Zealand property companies continue to outperform global peers in sustainability reporting and performance, according to the Global Real Estate Sustainability Benchmark (GRESB) 2014 results. Australia/NZ property companies received an ...

Pollinate Energy to partner with Powershop

RACHEL ALEMBAKIS  |  FRIDAY, 29 AUG 2014  |  NEWS
Pollinate Energy, a not-for-profit social enterprise that provides affordable solar lighting to people in India's urban slums, is establishing a partnership with Victorian energy retailer Powershop that will see the retailer donate $50 to Pollinate ...

SVA calls for $200-250m funding for social investment bank

RACHEL ALEMBAKIS  |  FRIDAY, 29 AUG 2014  |  NEWS
The government should seed a social investment bank with AU$200-250 million of debt or grant funding to meet capital required by market for social impact investments, according to Social Ventures Australia (SVA). Ian Learmonth, executive director of ...

Sustainalytics hires Gary Hewitt

RACHEL ALEMBAKIS  |  FRIDAY, 29 AUG 2014  |  NEWS
Sustainalytics has hired Gary Hewitt to lead the development of expanded corporate governance research and data products. Hewitt is former head of governance research at GMI Ratings. He previously led a research team at Watson Wyatt (now Towers Watson) ...