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AGL wins award for sustainability report

RACHEL ALEMBAKIS  |  FRIDAY, 1 APR 2011  |  NEWS
AGL Energy has won an award for its sustainability report at the Energy Supply Association of Australia's (ESAA) Sustainability Reporting and Innovation Awards. AGL's 2010 Sustainability Report was recognized for its "strong systematic approach to identifying ...

Sustainability reporting: the drive towards integration

RACHEL ALEMBAKIS  |  THURSDAY, 24 MAR 2011  |  NEWS
Chi Woo, KPMG There is growing acceptance that Australian companies should report ESG factors to their shareholders, and a call by stakeholders for greater depth and clarity in the information reported. Sustainability reporting has been hampered by ...

Australian companies asked to disclose water exposure

RACHEL ALEMBAKIS  |  THURSDAY, 24 MAR 2011  |  NEWS
Australian institutional investors have for the first time asked 60 publicly listed companies to disclose their water exposure, but are not yet convinced that exposure to water scarcity will have a material impact on investments in the medium term ...

ANZ targets 40 percent women managers by September

RACHEL ALEMBAKIS  |  THURSDAY, 24 MAR 2011  |  NEWS
ANZ Bank has committed to increasing the number of women in management positions to 40 percent by the end of September as part of increasing their gender diversity throughout the business. Currently, 38.4 percent of managers are women, the bank said. ...

"Steady but modest" increase in number of women directors

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAR 2011  |  NEWS
The number of women appointed to corporate directorships in Australia has increased from 8.9 percent of total positions in 2009 to 10.9 percent in 2011, in line with "steady but modest" global increases, according to a report by GovernanceMetrics International ...

Climate change a portfolio risk: Mercer

RACHEL ALEMBAKIS  |  THURSDAY, 17 FEB 2011  |  NEWS
The impacts of climate change and lack of international policy coordination could cost institutional investors trillions of dollars over coming decades, with Australia potentially being one of the worst hit countries if international response to carbon ...

MSCI developing global Socially Responsible Indices

RACHEL ALEMBAKIS  |  THURSDAY, 17 FEB 2011  |  NEWS
... religious beliefs, moral standards or ethical views," according to the firm. The proposed indices would target companies with high Environmental, Social and Governance (ESG) ratings in comparison to sector peers and would exclude companies that are inconsistent ...