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GRI appoints Eric Dugelay to board

RACHEL ALEMBAKIS  |  FRIDAY, 22 MAY 2015  |  NEWS
The Global Reporting Initiative (GRI) has appointed Eric Dugelay to its board. Dugelay, Deloitte's Global Sustainability Services leader, joins the 14-member GRI board, which consists of representatives from business and civil society organisations ...

Materiality reviews a source of strategic value: ACCSR

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 MAY 2015  |  NEWS
Companies that are performing materiality reviews should work to connect environmental, social and governance (ESG) issues to core business strategy, according to the Australian Centre for Corporate Social Responsibility (ACCSR). Leeora Black, managing ...

IGCC, peers launch Investor Platform for Climate Actions

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 MAY 2015  |  NEWS
The Investor Group on Climate Change (IGCC) and other international climate change-related groups have launched an online platform that tracks global investors' actions on climate change. The Investor Platform for Climate Actions will track activities ...

Good Shepherd Microfinance receives $33m federal funding

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAY 2015  |  NEWS
The federal government has allocated AU$33.3 million over the next five years to expand the No Interest Loan Scheme (NILS) and StepUP low interest loans offered by Good Shepherd Microfinance. Adam Mooney, CEO of Good Shepherd Microfinance Good Shepherd ...

Pollinate Energy to open Kolkata office

RACHEL ALEMBAKIS  |  FRIDAY, 15 MAY 2015  |  NEWS
Pollinate Energy, a social enterprise that provides affordable solar lighting to people in India's urban slums, is expanding its operations into Kolkata, its third city in India. Alexie Seller, national manager - business development and operations ...

CDP, We Mean Business partner for Road to Paris

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2015  |  NEWS
CDP, the Global Compact Network Australia and WWF-Australia are collaborating to push a set of global initiatives in Australia for corporate action on climate change ahead of the UN Climate Change Conference in December. The three groups will work to ...

LGS publicly discloses proxy voting intentions

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2015  |  NEWS
Local Government Super has launched a shareholder voting website that discloses the fund's proxy voting intentions ahead of company shareholder meetings. LGS CEO Peter Lambert "The main objective of the new site is to increase transparency and disclosure ...

CFSGAM reports on transparency, stewardship of assets

RACHEL ALEMBAKIS  |  FRIDAY, 8 MAY 2015  |  NEWS
Colonial First State Global Asset Management (CFSGAM) has increased the depth and transparency of its responsible investment reporting as part of overall commitments to stewardship principles, according to the fund manager. Pablo Berrutti,head of responsible ...

Victorian government boosts Good Money funding

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 MAY 2015  |  NEWS
The Victorian state government has committed AU$7.2 million over four years to Good Shepherd Microfinance's Good Money program. Good Shepherd Microfinance CEO Adam Mooney The allocation came as part of the Victorian state budget, presented this week ...

Video: Fossil Fuel Divestment Exposure

RACHEL ALEMBAKIS  |  FRIDAY, 1 MAY 2015  |  NEWS
The Sustainability Report moderated this live panel debate examining the legal and governance issues behind fossil fuel divestment. A superannuation fund's decision around divestment from fossil fuel or high carbon emission intensity assets should be ...