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Inalytics, PIRC find corporate governance, share price link

RACHEL ALEMBAKIS  |  FRIDAY, 11 OCT 2013  |  NEWS
Analysis from Inalytics and PIRC, an independent governance research and shareholder voting adviser, has demonstrated that share prices of listed companies with high governance risk performed poorly over time, whereas the share price of listed companies ...

GRI names Christianna Wood chairman of board

RACHEL ALEMBAKIS  |  FRIDAY, 11 OCT 2013  |  NEWS
Christianna Wood has been named the new chairman of the Global Reporting Initiative board, and six directors have been named to the board. Wood takes over from outgoing GRI Chairman Herman Mulder. She is a member of the board of the International Integrated ...

LGS invests in US$250 million EBRD green bond

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 OCT 2013  |  NEWS
Ed note: Updates with information from Local Government Super, board appointment Local Government Super (LGS) has invested in a European Bank for Reconstruction and Development (EBRD) green bond. LGS CEO Peter Lambert LGS was the only Australian superannuation ...

New co-op body to stress economic, social value of model

RACHEL ALEMBAKIS  |  FRIDAY, 4 OCT 2013  |  NEWS
There is a new push in Australia to raise the profile of the co-operative and mutual business model, which proponents say inherently melds social and economic goals while contributing to a diversified economy. Melina Morrison, BCCM CEO (Photo courtesy ...

Standard Life hires Amanda Young as head of SRI

RACHEL ALEMBAKIS  |  FRIDAY, 4 OCT 2013  |  NEWS
Standard Life Investments has appointed Amanda Young as Head of Sustainable and Responsible Investment (SRI). Young comes to Standard Life Investments from Newton Investment Management. She is also a main board director of the UK Sustainable Investment ...

66% of BM&FBOVESPA companies publish sustainability data

RACHEL ALEMBAKIS  |  FRIDAY, 4 OCT 2013  |  NEWS
Approximately two-thirds of all companies listed on the Sao Paulo stock exchange published a sustainability report, an increase from 203 to 293 companies between May 2012 and June 2013, according to the Global Reporting Initiative. The BM&FBOVESPA has ...

PRI launches new reporting framework for signatories

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 OCT 2013  |  NEWS
The Principles for Responsible Investment (PRI) have launched a new reporting framework that is designed to enhance the transparency of disclosures by asset owner and investment manager signatories. Signatories will be required to publicly report each ...

UN Statistics Division releases ecosystem accounting system

RACHEL ALEMBAKIS  |  FRIDAY, 27 SEP 2013  |  NEWS
The United Nations Statistics Division has developed an experimental ecosystem accounting system to quantify ecosystem services and conditions in physical and monetary terms. Although the proposed accounting system is initially intended for governmental ...

ACSI hire Gordon Hagart as new chief executive officer

RACHEL ALEMBAKIS  |  FRIDAY, 27 SEP 2013  |  NEWS
The Australian Council of Superannuation Investors (ACSI) have hired Gordon Hagart as its new chief executive. Hagart comes to ACSI from the AU$100 billion Future Fund, where he is currently head of environmental, social and governance risk management. ...

Foresters Community Finance funding for early stage ventures

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 SEP 2013  |  NEWS
Developing social enterprises can access funding between $10,000 -$30,000 through Foresters Community Finance's Early Stage Social Enterprise Fund. The Early Stage Social Enterprise Fund was developed to fit the lending profile of social enterprises ...