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Australian companies developing internal carbon price within the next two years: SBA

RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2017  |  NEWS
Around half of Australian businesses providing information to the CDP will be using an internal carbon price within the next two years to help manage climate risk, according to research by Sustainable Business Australia (SBA). Andrew Petersen, CEO ...

Australian Ethical Investment reports annual profit of $2.9 million

RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2017  |  NEWS
Australian Ethical Investment has reported a net profit after tax of $2.90 million, down 3% on 2016. Phil Vernon, Australian Ethical Investment managing director The consolidated statutory net profit after tax was $2.924 million, as compared to $3.186 ...

30% Club Australia calls for renewed push to get women on boards

RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2017  |  NEWS
The 30% Club Australia is calling on the investment community to engage with boards on the issue of diversity as the pace of female appointments slows. The 30% Club Australia is campaigning for 30% women on ASX200 boards by the end of 2018. Their call ...

Globally, few companies can effectively demonstrate climate risk disclosure: SSGA

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
Few globally listed companies can "effectively demonstrate to investors how they climate risk into long-term strategy", according to State Street Global Advisors (SSGA). Rakhi Kumar, Managing Director and Head of ESG Investments and Asset Stewardship ...

ASX100 CEO pay remains below 2009 peak: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
Average fixed pay for ASX100 CEOs in 2016 was $1.89 million, with median CEO pay at $1.79 million, well below the 2009 peak for pay, according to the Australian Council of Superannuation Investors' (ACSI) annual survey of CEO pay. Louise Davidson, ACSI ...

Good Shepherd Microfinance, NAB mark 5th anniversary of Good Money launch

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
The Good Money retail stores pioneered by Good Shepherd Microfinance in partnership with the National Australia Bank (NAB) and state governments have turned five. L-R: Adam Mooney, Chief Executive Officer at Good Shepherd Microfinance, Corinne Proske ...

UCA Funds Management hires James Cook as director investments

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
UCA Funds Management has hired James Cook as director investments. Michael Walsh, UCA Funds Management Cook has more than 32 years' experience in portfolio and senior management experience in Australia and the UK. He comes to UCA Funds Management from ...

Government to introduce Australian Modern Slavery Act

RACHEL ALEMBAKIS  |  FRIDAY, 18 AUG 2017  |  NEWS
The federal government will introduce a Modern Slavery Act that will require large businesses to report on actions to address modern slavery in their operations and supply chain. Louise Davidson, ACSI CEO This week, Minister for Justice Michael Keenan ...

Sustainable Melbourne Fund, ARENA, extend partnership in Victoria

RACHEL ALEMBAKIS  |  FRIDAY, 18 AUG 2017  |  NEWS
The Sustainable Melbourne Fund (SMF) and the Australian Renewable Energy Agency (ARENA) have extended their partnership to double the number of local governments in Victoria offering Environmental Upgrade Finance (EUF). Scott Bocskay, CEO, Sustainable ...

Less than half of ASX100 companies have exec-level technologist: Calastone

RACHEL ALEMBAKIS  |  FRIDAY, 18 AUG 2017  |  NEWS
Less than half of ASX100 companies have a technologist in an executive leadership role, according to a survey performed by Calastone. Sarah Hayward, managing director of Calastone Australia and New Zealand Calastone, a global funds transaction network ...