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O'Halloran to step down as RIAA executive director

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 AUG 2012  |  NEWS
Louise O'Halloran is stepping down as executive director of the Responsible Investment Association Australasia (RIAA), after 11 years in the position. In that time, RIAA has grown to represent members with over AU$650bn in funds under management, ranging ...

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 ...

Superannuation funds aware of ESG macro-impact

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 AUG 2012  |  NEWS
Superannuation funds are realising that environmental, social and governance (ESG) factors should be integrated into macro-level investment decisions, and not merely as issues in individual companies, according to boutique fund manager Solaris Investment ...

Integrated reporting a tool to telling value creation story

RACHEL ALEMBAKIS  |  FRIDAY, 10 AUG 2012  |  NEWS
Integrated reporting offers organisations a framework to address the fact that the range of risks and opportunities that can affect long-term value generation are not always captured by the reporting boundaries of current year financial measures, according ...

Sustainability reports a driver of action and engagement

RACHEL ALEMBAKIS  |  FRIDAY, 3 AUG 2012  |  NEWS
Sustainability reports provide external parties such as investors the opportunity to assess a company's performance to long term goals, and provides stakeholders with an opportunity to engage with the process of achieving sustainable targets, said panellists ...

ESG disclosures relevant to investors' decision-making

RACHEL ALEMBAKIS  |  FRIDAY, 3 AUG 2012  |  NEWS
... said. Only 3% of respondents reported difficulty in comparing financial information. "We are delighted to see that the investor community is increasingly seeking extra-financial information as part of their decision-making processes," said Sarah Nolleth ...

Emerging listed miners catching up on corporate governance

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 AUG 2012  |  NEWS
Emerging listed companies in the Australian mining industry are working to catch up with investor expectations on corporate governance and disclosure standards, according to BlackRock's Asia Pacific head of corporate governance and responsible investment. ...

Low Carbon Australia joins Climate Bond Standard group

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 AUG 2012  |  NEWS
... criteria for different types of investment be made available by the end of 2012. According to Kirsten Spalding at the Ceres Investor Network for Climate Risk, investor interest on energy efficiency in buildings has being stymied by: "First, the absence ...

Investors conducting climate change risk assessments

RACHEL ALEMBAKIS  |  FRIDAY, 27 JUL 2012  |  NEWS
... investment strategy or decision-making as a result, according to a Mercer study commissioned by international climate change investor bodies. Helga Birgden The Global Investor Survey on Climate Change Annual Report on Actions and Progress 2011 surveys ...

Investors alert to possible Metcash poker machine move

RACHEL ALEMBAKIS  |  FRIDAY, 27 JUL 2012  |  NEWS
With retailer Woolworths Limited facing a November extraordinary general meeting (EGM) over a move to change the company's constitution to limit the poker machines they own to AU$1 maximum bets, another distributor, Metcash, faced media allegations ...