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Local Government Super recognised at Green Globe Awards

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 SEP 2012  |  NEWS
Local Government Super (LGS) has been awarded with the 2012 Climate Change Leadership Award and the Energy Award at the New South Wales government's 2012 Green Globe Awards. LGS CEO Peter Lambert LGS was recognised for its sustainable and responsible ...

Australian property continues to lead GRESB performers

RACHEL ALEMBAKIS  |  FRIDAY, 7 SEP 2012  |  NEWS
Australian property companies and funds outperform regional peers in implementing sustainability strategies into their portfolios, according to the third Global Real Estate Sustainability Benchmark (GRESB). The 42 listed and private company and fund ...

UNPRI signatories name corporate ESG engagement issues

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 SEP 2012  |  NEWS
United Nations Principles for Responsible Investment (PRI) signatories say that executive remuneration, climate change and supply chain labour standards are "priority areas of engagement" with invested companies in the next year. These areas of engagement ...

PRI commitment spurs high-level action by Neuberger Berman

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2012  |  NEWS
Global fund manager Neuberger Berman has signed the Principles for Responsible Investment, and is integrating the PRI's commitments into its operational structure, a process that is causing the firm to utilise its resources in new ways. Lucas Rooney ...

ASIC affirms October deadline for carbon trading AFS licence

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2012  |  NEWS
Institutions that intend to provide financial services in carbon units under the federal pricing regime have until the end of October to apply to the Australian Securities and Investments Commission (ASIC) for an Australian financial services (AFS) ...

CEFC Chair Jillian Broadbent to quit as member of ASX board

RACHEL ALEMBAKIS  |  THURSDAY, 30 AUG 2012  |  NEWS
Clean Energy Finance Corporation (CEFC) Chair Jillian Broadbent will retire from the board of the ASX as of the company's 5 October annual general meeting (AGM). Broadbent is leaving the ASX board to focus on her new role at the CEFC, ASX said in an ...

ACSI to target exec bonus disclosure, voting rights at AGMs

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2012  |  NEWS
The Australian Council of Superannuation Investors (ACSI) will focus on increased disclosure of executive bonuses, the 'no vacancy' rule, director elections, capital raising and pre-emptive rights and poll voting as the key issues underpinning the proxy ...

Retail supply chain policies pose sustainability challenges

RACHEL ALEMBAKIS  |  FRIDAY, 24 AUG 2012  |  NEWS
Australian retailers need to maintain cost control, including targeting supply chain efficiencies, but those efficiency gains must not come at the expense of the sustainability of the supply chain, according to a report by AMP Capital. Australian retailers ...

Valuing environmental services as source of risk and return

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 AUG 2012  |  NEWS
Calculating the value of the ecosystem in which a company operates can not only provide measures of the company's dependency on services such as water, land, biomass and climate control, but also offers information for strategic consideration of risk ...

ClimateWorks Australia name Hill, Ridout to board

RACHEL ALEMBAKIS  |  FRIDAY, 17 AUG 2012  |  NEWS
Former Federal Environment Minister Robert Hill and business leader Heather Ridout have joined ClimateWorks Australia's board of directors. "Robert Hill and Heather Ridout are well known and widely respected for their contribution to public policy in ...