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Working group to develop Sharia-compliant green securities

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 MAR 2012  |  NEWS
... Teachers' Retirement System (CalSTRS), the Natural Resources Defense Council, the California State Treasurers' Office, the Investor Group on Climate Change (IGCC), the Carbon Disclosure Project, and the Ceres Investor Network on Climate Risk (INCR). ...

ASIC renews call for better remuneration disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAR 2012  |  NEWS
... the arrangements are appropriate for the company's circumstance. "It is important for the integrity of the market and investor confidence that there is a high level of compliance with the executive remuneration laws,' ASIC Deputy Chairman Belinda Gibson ...

GRI releases oil and gas sector guidance

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAR 2012  |  NEWS
The Global Reporting Initiative (GRI) has released a new guidance for the oil and gas sector, providing a framework for disclosure of sustainability performance on metrics including environmental management, health and safety and emergency preparedness. ...

AMP Capital, VFMC publish 2011 proxy voting record

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 FEB 2012  |  NEWS
... directors will face fresh elections at a subsequent spill meeting. "We are hearing a lot more from company secretaries, investor relations, board chairs, and other people," Halliday said. "We have also seen big increases in the number of companies contracting ...

FTSE launch carbon risk indices for Australia, Europe and Japan

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 FEB 2012  |  NEWS
FTSE Group have launched four new indices within the FTSE CDP Carbon Strategy Index Series that weight listed equities in Australia, Europe and Japan based on their exposure to future carbon risks. The new indices include FTSE CDP Carbon Strategy Australia ...

IGCC and others launch second global investor survey

RACHEL ALEMBAKIS  |  FRIDAY, 24 FEB 2012  |  NEWS
The Investor Group on Climate Change (IGCC) and two other climate change investor groups have launched a global investor survey that will include a new, comprehensive assessment of low-carbon investments. IGCC, in conjunction with the European Institutional ...

CDP writes companies asking for carbon management and cuts

RACHEL ALEMBAKIS  |  FRIDAY, 24 FEB 2012  |  NEWS
... demonstrate management and steps toward reduction of emissions across supply chains. CDP noted that the institutional investor support for the Carbon Action initiative was motivated by a range of factors including concern about climate change and extreme ...

LGS select MSCI for ESG and carbon research, monitoring

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 FEB 2012  |  NEWS
... and compare that exposure to a benchmark ESG index." See Also: LGS uses trigeneration technology for property retrofit Investor Profile: Local Government Super Integrating ESG to enhance quantitative-style investment analysis

Corporate Social Responsibility as driver of innovation

RACHEL ALEMBAKIS  |  FRIDAY, 17 FEB 2012  |  NEWS
Corporate social responsibility (CSR) can be a vehicle for innovation and not just risk mitigation, and the challenge for CSR practitioners is to find the areas where businesses can use social needs as a source of profit generation. The Australian Centre ...

Leightons under investigation over payment disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 17 FEB 2012  |  NEWS
The Australian Federal Police (AFP) are investigating Leighton Holdings over payments that may have been made by a subsidiary company "in connection with work to expand offshore loading facilities for Iraq's crude oil exports." But Duncan Paterson ...