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Bessi Graham to step down as CEO of The Difference Incubator

RACHEL ALEMBAKIS  |  FRIDAY, 15 SEP 2017  |  NEWS
... Her promotion to CEO comes as part of a two-year succession plan. "Anthea is both a seasoned entrepreneur and impact investor and combines an incredible work ethic with a love of people that allows her to deliver remarkable results in all the work she ...

NAB, Life Without Barriers launch social benefit bond

RACHEL ALEMBAKIS  |  FRIDAY, 8 SEP 2017  |  NEWS
National Australia Bank (NAB) and Life Without Barriers have launched a social benefit bond (SBB) that targets criminal offending by young people in Queensland. James Wadell, director of NAB's Capital Financing Solutions team This is Queensland's first ...

Regnan calls for greater disclosure on human capital management

RACHEL ALEMBAKIS  |  FRIDAY, 8 SEP 2017  |  NEWS
... much discussion about artificial intelligence and discussion of everyone losing their jobs, what we've done is put the investor hat on, and said if jobs change, and if the way human capital is managed changes, should be disclosed?" Regnan sees disclosing ...

Westpac, Mirvac named as global leaders in Dow Jones Sustainability Index

RACHEL ALEMBAKIS  |  FRIDAY, 8 SEP 2017  |  NEWS
Westpac and Mirvac have been named as global leaders in two of the 24 industry groups represented in the Dow Jones Sustainability Index 2017. S&P Dow Jones Indices (S&P DJI), and RobecoSAM, an investment specialist focused on sustainability investing ...

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

RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2017  |  NEWS
... financial filings two to five years from now. The other interesting thing that we found is what does this mean to the investor community - the users of the information. That's a work in progress for the sector as well. What we've had thus far is very ...

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
... capital allocation decisions. "Why did we focus on those particular areas and what are we trying to do," Kumar said. "As an investor... we don't have the expertise to say this is the right answer and this is the wrong answer. It's management's job to ...

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 ...

Alpha Fund Managers invests in Australian Ethical Australian Shares Fund

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
Alpha Fund Managers has invested in Australian Ethical's flagship Australian Shares Fund. Phil Vernon, Australian Ethical Investment managing director The Australian Shares Fund "aims to provide long-term growth focusing on Australian companies that ...