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Colonial First State GAM to drive further ESG integration

RACHEL ALEMBAKIS  |  FRIDAY, 22 FEB 2013  |  NEWS
Colonial First State Global Asset Management (CFSGAM) is embarking on a new three-year strategy to further drive integration of environmental, social and governance (ESG) into their investment process and wider business. Will Oulton CFSGAM, known as ...

MSCI: using ESG ratings can improve portfolio returns

RACHEL ALEMBAKIS  |  FRIDAY, 22 FEB 2013  |  NEWS
Environmental, social and governance (ESG) metrics can be used as a quantitative measure to construct an equities portfolio that generate improved active returns and better ESG ratings, according to research from MSCI. Michael Salvatico MSCI have released ...

ACCSR conference tackles practice of responsible leadership

RACHEL ALEMBAKIS  |  FRIDAY, 15 FEB 2013  |  NEWS
It is the goal of sustainability practitioners to establish corporate social responsibility (CSR) to provide the company with processes and responsibilities to respond resiliently to both everyday interactions and to the extraordinary situations that ...

ACCSR reports on state of corporate social responsibility

RACHEL ALEMBAKIS  |  FRIDAY, 15 FEB 2013  |  NEWS
Lack of organisational buy-in or commitment to corporate social responsibility (CSR) is the greatest single obstacle to its success, according to the Australian Centre for Corporate Social Responsibility (ACCSR)'s annual review. The ACCSR's The State ...

IIRC, IASB agree to more cooperation on reporting standards

RACHEL ALEMBAKIS  |  FRIDAY, 15 FEB 2013  |  NEWS
The International Accounting Standards Board (IASB) and the International Integrated Reporting Council (IIRC) have signed an agreement that will see the two cooperate more deeply in the development of the integrated corporate reporting framework. IASB ...

Low Carbon Australia forms alliance with Wiley

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 FEB 2013  |  NEWS
Low Carbon Australia (LCAL) has formed an alliance with engineering and construction company Wiley to develop systems to improve energy efficiency and productivity for food and meat processing companies. Meg McDonald, Low Carbon Australia CEO The alliance ...

Australian Ethical survey identifies savings as top priority

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 FEB 2013  |  NEWS
Seven out of ten Australians have identified looking after their finances as a top priority for 2013, and a majority say that it is important that their investments are aligned with their personal values, according to a survey conducted on behalf of ...

RIAA hires Simon O'Connor as chief executive

RACHEL ALEMBAKIS  |  FRIDAY, 1 FEB 2013  |  NEWS
The Responsible Investment Association Australasia (RIAA) has hired Simon O'Connor as its new chief executive. O'Connor comes to RIAA from the Australian Conservation Foundation (ACF), where he was leading economic advisor. While at ACF, he played a ...

US$178.5bn in sustainable investments in Australia

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 JAN 2013  |  NEWS
There are US$178.5bn of sustainable investments in Australia, representing about 18% of total assets under management, with integration of environmental, social and governance (ESG) factors being the single largest strategy employed by sustainable investors ...

PRI work stream to address systemic sustainability barriers

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 JAN 2013  |  NEWS
The United Nations-backed Principles for Responsible Investment (PRI) has launched a new work stream that will analyse how systemic barriers are impeding the integration of environmental, social and governance (ESG) factors into investment decision ...