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ACSI reiterates support for NewsCorp board overhaul

RACHEL ALEMBAKIS  |  FRIDAY, 5 OCT 2012  |  NEWS
The Australian Council of Superannuation Investors (ACSI) is recommending that its membership support shareholder resolutions to calling for an independent chair and non-affiliated board members at NewsCorp. Ann Byrne "ACSI recognises that some change ...

MSCI expands ESG research to fixed income

RACHEL ALEMBAKIS  |  FRIDAY, 5 OCT 2012  |  NEWS
MSCI has broadened its ESG research coverage to include fixed income, offering data to investors for integrating environmental, social and governance factors into their investment process and measuring ESG risk exposure. MSCI's ESG research now covers ...

More than 3,000 respond to GRI comment periods

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 OCT 2012  |  NEWS
The Global Reporting Initiative (GRI) has received more than three thousand formal submissions on its G4 next generation reporting guidelines, a record number for the organisation. Nelmara Arbex GRI held two public comment periods - August to November ...

Q&A with Meg McDonald, CEO Low Carbon Australia

RACHEL ALEMBAKIS  |  FRIDAY, 28 SEP 2012  |  NEWS
... investment in energy efficiency is worth doing on its own merits. We do evaluation of projects on the basis of being an investor, and to bring in a private sector financier. We look to help de-risk the transaction, and by virtue of being government owned ...

Kidney: Australia should look to fund NBN with green bond

RACHEL ALEMBAKIS  |  FRIDAY, 28 SEP 2012  |  NEWS
... recent regional French environmental bond. Sean Kidney, executive chair of the Climate Bonds Initiative says that the investor interest in green bonds should spur the Australian government to consider selling green bonds to fund the development of the ...

Foresters finances Eating Disorders Victoria service

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 SEP 2012  |  NEWS
Foresters Community Finance has financed an expanded counseling service for Eating Disorders Victoria (EDV) through its Social Enterprise Solutions program. The loan will provide funds for EDV to provide community-based early intervention and ongoing ...

Stockland publishes integrated 2012 annual review

RACHEL ALEMBAKIS  |  FRIDAY, 21 SEP 2012  |  NEWS
... the 2012 financial year, a review the company said was taken in response to changes to remuneration practices and to investor feedback. The review has resulted in changes to remuneration policies that will take effect from the 2012 fiscal year. The change ...

ASX100 CEO pay, bonuses decline

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 SEP 2012  |  NEWS
Overall, the average cash pay for CEOs of top ASX100 listed companies has declined by nearly 9% from 2010 levels, which the Australian Council of Superannuation Investors (ACSI) attributes to a "more mature conversation" between shareholders and boards. ...

Sustainable investing needed as global economy transforms

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2012  |  NEWS
... survey. There is a whole other range of how does the market price this type of risk into the price of assets." If an investor accepts that this is a period of transformational change and that financial markets are not adequately pricing in these externalities ...

NAB funds second Environmental Upgrade Agreement

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2012  |  NEWS
National Australia Bank, Eureka Funds Management and Low Carbon Australia have signed an environmental upgrade agreement (EUA) with the Suleman property development group to fund the retrofit of a Melbourne office block. 470 Collins St Photo courtesy ...