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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 ...

ACSI selects new president, deputy president

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 MAY 2011  |  NEWS
The Australian Council of Superannuation Investors (ACSI) has appointed Gerard Noonan president and Trish Donohue deputy president at their quarterly committee of management meeting this week. Noonan will succeed Michael O'Sullivan, who has served for ...

Integrating ESG an evolution for institutional investors

RACHEL ALEMBAKIS  |  FRIDAY, 6 MAY 2011  |  NEWS
... best for high governance/high-belief investors." Towers Watson approaches sustainability discussions with institutional investor clients as a process that starts with building their clients' knowledge and then goes to investigating how clients actually ...

Global Reporting Initiative launch process for new standards

RACHEL ALEMBAKIS  |  FRIDAY, 6 MAY 2011  |  NEWS
Global Reporting Initiative (GRI), the body that provides the most commonly accepted framework for producing sustainability reports, has launched the process that will result in the next generation of GRI guidelines. GRI is calling on its network of ...

Woodside shareholders reject carbon disclosure resolution

RACHEL ALEMBAKIS  |  FRIDAY, 29 APR 2011  |  NEWS
Woodside Petroleum Ltd shareholders - including signatories to the UNPRI - have rejected a resolution that would have amended the corporate constitution to require disclosure of the company's assumptions of future carbon prices, oil prices, demand for ...