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Forthcoming GRESB report to benchmark RE environmental, social performance

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2011  |  NEWS
... social performance of public and private real estate investments. GRESB will be used by institutional investors to engage with fund managers and listed property companies and improve the sustainability of the global property sector. "It is an investor ...

FSC, ACSI release ESG reporting guide for ASX companies

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2011  |  NEWS
... Directors, Chartered Secretaries Australia, Group of 100, Business Council of Australia, Australian Shareholders Association, fund managers, superannuation funds and research houses. See Also: ACSI releases study on ASX200 ESG reporting

Assistance will "significantly reduce" effects of carbon tax on industry

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 AUG 2011  |  NEWS
Companies that fall under the government's proposed carbon pricing scheme will most likely see the negative effects on costs and earnings "significantly reduced" by the planned assistance package, according to research from MSCI. Emissions Intensive ...

ACSI CEO elected to PRI Advisory Council

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 AUG 2011  |  NEWS
... one of six candidates to join the board. Two are asset owners -Else Bos, chief executive of investments at Dutch pension fund Pensioenfonds Zorg en Welzijn (PFZW), and Priya Sara Mathur of US pension fund The California Public Employees Retirement System ...

Draft carbon tax legislation "faithful", but tricky in details

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2011  |  NEWS
The government has released the draft legislation necessary to implement its carbon tax regime. The Clean Energy Legislative Package is seen as a "faithful" implementation of the policy articulated on 10 July by Prime Minister Julia Gillard. But one ...

Board capacity a key governance concern

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2011  |  NEWS
Institutional investors have flagged the issue of board directors' capacity as a key governance issue. While neither investors, advisory groups, nor the directors believe there should be a hard and fast rule for the number of directorships that can ...

Chartered Secretaries advise EU to use comply or explain codes

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUL 2011  |  NEWS
Chartered Secretaries of Australia (CSA) have advised the European Commission (EC) to adopt a "comply or explain" principles-based approach to corporate governance. CSA is responding to a green paper on corporate governance codes published by the commission ...

ACSI releases study on ASX200 ESG reporting

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2011  |  NEWS
When it comes to ASX200 companies and their ESG reporting, companies seem to be falling into the mould of the little girl with a little curl in the middle of her forehead in the much-recited children's poem -where the leading companies are good and ...

Institutional investors begin analysis of carbon tax impact

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2011  |  NEWS
Now that the government has announced its carbon mitigation scheme, institutional investors and their advisers are weighing how the proposals will impact on their assets and decisions going forward. As outlined Prime Minister Julia Gillard, the proposed ...

Solaris Investment Management appoint ESG analyst

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JUL 2011  |  NEWS
Solaris Investment Management, an AU$4bn retail and institutional fund manager, has appointed Lisa Domagala as ESG specialist to the investment team. Domagala has worked with the fund since March 2010 as an ESG consultant, and her permanent appointment ...