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NAB Asset Servicing developing ESG overlay tool

RACHEL ALEMBAKIS  |  FRIDAY, 21 DEC 2012  |  NEWS
National Australia Bank's custody and administration division is in the process of developing a responsible investment overlay tool that will provide superannuation fund trustees with a monthly report on the environmental, social and governance exposures ...

Mercer study to investigate shareholder loyalty rewards

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 DEC 2012  |  NEWS
Mercer, Stikeman Elliott LP and the Generation Foundation are investigating the concept of loyalty rewards, instruments designed to reward corporate shareholders for retaining their shares over a longer time period. Helga Birgden Loyalty rewards are ...

Net Balance and ECO-Buy in sustainability service merger

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 DEC 2012  |  NEWS
Net Balance and sustainable procurement advisory firm ECO-Buy have merged, bringing together two leading specialist sustainability organisations. Cameron Neil, Net Balance The merger will see both entities increase the range of their sustainability ...

Duncan Paterson steps down as RIAA board chair

RACHEL ALEMBAKIS  |  FRIDAY, 14 DEC 2012  |  NEWS
Duncan Paterson has stepped down as board chair of the Responsible Investment Association of Australasia (RIAA). Duncan Paterson, CAER Under the RIAA constitution, board members are limited to 10 years' continuous service, which Paterson has reached ...

In 2040, when growth is a memory: Josh Dowse

JOSH DOWSE  |  FRIDAY, 14 DEC 2012  |  NEWS
George Monbiot doesn't hold back, and says it well. It's Christmas, and littering the family bonding and office pre-drinking are the trinkets of vacuous imagination. I can't do better than quote[1] him. After first reminding us that 99% of everything ...

Local Government Super leader on managing climate risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 DEC 2012  |  NEWS
The Asset Owners Disclosure Project (AODP) has released a global climate investment index ranking the world's largest institutional asset owners on how they invest to manage climate risk. Australia's Local Government Super (LGS) was ranked the top institutional ...

Unconventional gas development poses risks to investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 DEC 2012  |  NEWS
Unconventional oil and gas development techniques for extracting coal seam gas (CSG) and shale gas reserves in Australia presents environmental and political risks that responsible investors must take into account, according to panelists in a recent ...

Good Shepherd Microfinance opens third Good Money site

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 DEC 2012  |  NEWS
Good Shepherd Microfinance has opened a retail site in Melbourne to provide access to microfinance products, financial counselling and other services to financially excluded people. Good Shepherd Microfinance CEO Adam Mooney at the Good Money launch ...

More women appointed to ASX200 boards

RACHEL ALEMBAKIS  |  FRIDAY, 7 DEC 2012  |  NEWS
ASX200 companies are continuing to appoint more women to boards, leading to more diversity in age as well as in gender, according to the Australian Institute of Company Directors (AICD). The AICD ASX 200 Snapshot Report 2012 found that women directors ...

Will sustainability survive the end of the boom?

JOSH DOWSE  |  FRIDAY, 7 DEC 2012  |  NEWS
Editor's Note: The Sustainability Report is pleased to present this column from Josh Dowse. Josh is principal of Dowse CSP, a sustainability/ESG advisory firm, has worked on ESG, sustainability and communication issues with McKinsey & Company and Macquarie ...