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International Integrated Reporting Committee seeks pilot test participants

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 JUN 2011  |  NEWS
... deadline, for companies wishing to join phases 2 and 3, is 29 July 2011. The pilot program encompasses companies and the investor community, with expert support from the IIRC secretariat and peer group feedback from other participants in the program. ...

Integrating ESG to enhance quantitative-style investment analysis

RACHEL ALEMBAKIS  |  FRIDAY, 10 JUN 2011  |  NEWS
... facing," Fryer said. "They're taking a clear commitment to ESG factors and to generating long term return. The average investor entering a fund is going to be in the fund for something like 40 years. That's something that's a moving fast and superfunds ...

Investor Profile: Australian Ethical Investment

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2011  |  NEWS
... charter which is our broad principles on what we want to support and what we want to avoid. We are largely a thematic investor. We have certain themes we want to be involved in, apart from the fact that we want to avoid certain areas. The ESG part is ...

New water accounting standard to measure quantity, rights and obligations

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2011  |  NEWS
The Water Accounting Standards Board (WASB) is in the process of developing the Australian Water Accounting Standard (AWAS), which will quantify information about water, rights and other claims to water, and obligations against water. The preliminary ...

Majority of ASX100 report on ESG issues

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2011  |  NEWS
A majority of ASX100 companies now report on ESG issues, with an increased focus on material issues and increased acceptance of sustainability risks such as human capital management, according to an analyst at Macquarie Bank. Analyst Aimee Kaye singled ...

Australia well placed to implement ETS

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 JUN 2011  |  NEWS
The Financial Services Institute of Australasia (Finsia) has reported that Australia has the legal, regulatory and capital markets expertise to implement a carbon emissions pricing mechanism and transition to a lower carbon economy. "The imposition ...

Companies investing in sustainable operations showing returns

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 MAY 2011  |  NEWS
A study of five Australian organisations, including Blackmores and Woolworths, has shown that companies that invest in sustainable business operations and incorporate ESG factors into their financial reporting are seeing returns on investment much sooner ...

Investor Profile: Colonial First State Global Asset Management

RACHEL ALEMBAKIS  |  FRIDAY, 20 MAY 2011  |  NEWS
... Q: how do you bridge the duration mismatch when you talk of the longer-term issues of ESG versus the timeline of the investor? AM: What we see some asset owners do is appoint longer term mandates that have rolling 5 year performance targets rather than ...

KPMG: sustainability strategies driven by cost reduction, environment

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2011  |  NEWS
... sustainability. One of the obstacles to reporting on sustainability is the lack of appropriate metrics. This impacts on the investor side, with companies that are signatories to the UNPRI finding it difficult to incorporate ESG factors into their analysis ...

GRI developing oil and gas sector reporting guidance

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2011  |  NEWS
The Global Reporting Initiative is developing sustainability reporting guidelines for the oil and gas sector, to be used by organizations for measuring and reporting on the economic, environmental, social, and governance dimensions of their activities ...