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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 ...

IIRC appoints Peter Bakker deputy chair

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 JUL 2012  |  NEWS
Peter Bakker has been appointed deputy chair of the International Integrated Reporting Council (IIRC). Bakker has previously served as CEO of TNT NV, the Netherlands-based holding company of TNT Express and Royal TNT Post (formerly TPG Post). Under ...

The UpSide interview: Prof. Michael Grubb

RACHEL ALEMBAKIS  |  FRIDAY, 20 JUL 2012  |  NEWS
... and supporting partners Norton Rose, the Centre for Sustainability Leadership, the Foreign and Commonwealth Office, the Investor Group on Climate Change and Sustainable Business Australia.

US college and university endowments lag on ESG investing

RACHEL ALEMBAKIS  |  FRIDAY, 20 JUL 2012  |  NEWS
... United States: Social Responsibility, Sustainability, and Stakeholder Relations," was commissioned and funded by the Investor Responsibility Research Center Institute (IRRCI). "The findings are somewhat counter intuitive to what one would expect from ...

City of Melbourne EUAs extended to include property trusts

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 JUL 2012  |  NEWS
Property trusts will be able to access environmental upgrade finances in the City of Melbourne, opening up 42% of the city's lettable commercial property space environmental upgrade agreements (EUAs) for energy and waste efficiency upgrades. Scott Bocskay ...