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Focus on short-term growth could undercut long term gain

RACHEL ALEMBAKIS  |  FRIDAY, 23 AUG 2013  |  NEWS
Companies and shareholders who focus on the short-term may be sacrificing tomorrow's growth for today's gain, according to AMP Capital's biannual corporate governance report. Karin Halliday, AMP Capital corporate governance manager In addition to reporting ...

EY: Businesses need long term carbon policy

RACHEL ALEMBAKIS  |  FRIDAY, 23 AUG 2013  |  NEWS
... 2015/2016, and Korea will launch its emission trading scheme next year. EY said that China has also become the largest investor in renewable energy and its incoming president has proposed other measures to reduce emissions and pollution such as putting ...

ACSI: Investors have confidence in ASX100 boards

RACHEL ALEMBAKIS  |  FRIDAY, 16 AUG 2013  |  NEWS
... Council of Superannuation Investors (ACSI). Ann Byrne, ACSI CEO ACSI's Board Confidence Survey: A Report on Institutional Investor Confidence in Boards of S&P/ASX100 Companies (BCS) is the organisation's first survey of investors' trust and confidence ...

Climate Bonds Initiative releases criteria for solar assets

RACHEL ALEMBAKIS  |  FRIDAY, 16 AUG 2013  |  NEWS
... Teachers Retirement System (CalSTRS), the Nature Resources Defense Council, the Carbon Disclosure Project, the Ceres Investor Network on Climate Risk, the Investor Group on Climate Change and the State Treasurer of California, Bill Lockyer.

WWF: ETS repeal to reduce renewable energy, increase prices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 AUG 2013  |  NEWS
Repealing Australia's emissions trading scheme would reduce renewable energy production and retail electricity customers would likely face higher prices, according to a report released by WWF-Australia. Graphic courtesy of WWF-Australia The report finds ...

Deutsche Borse joins Integrated Reporting pilot programme

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 AUG 2013  |  NEWS
Deutsche Borse Group has joined the International Integrated Reporting Council (IIRC) Pilot Programme Business Network and will become the first stock exchange to join the IIRC Pilot Programme. Paul Druckman, IIRC CEO The Pilot Programme tests the IIRC's ...

Asset owners, managers see climate change as material risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 AUG 2013  |  NEWS
... survey of investment practices. Helga Birgden, head of responsible investing for Asia Pacific at Mercer The third Global Investor Survey on Climate Change was commissioned by the networks of the global investor coalition on climate change and was conducted ...

GRESB signs up new partner, members

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 AUG 2013  |  NEWS
The Global Real Estate Sustainability Benchmark (GRESB) has announced new partnerships and members as it is evaluating responses to the 2013 survey. IVBN, the association for Dutch institutional investors in the real estate sector, has become a partner. ...

Water risks threaten growth of metals, mining companies

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 JUL 2013  |  NEWS
Water risks are a threat to growth for the largest companies in the metals and mining sector, and those companies that manage water strategically are better financial performers, according to a report from CDP and Eurizon Capital. Fifty-seven of the ...

ACSI starts recruitment process for new CEO

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 JUL 2013  |  NEWS
The Australian Council of Superannuation Investors (ACSI) has started the recruitment process for its next chief executive officer. The council has posted an advertisement for the CEO position on its website. Current CEO Ann Byrne had previously announced ...