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Publish What You Pay renews call for mandatory disclosures

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2013  |  NEWS
Publish What You Pay Australia is urging the federal government to adopt standards of mandatory disclosure for companies in the mining and extractive industry. Publish What you Pay Australia's push comes as the European Parliament voted in favour of ...

NZ Super excludes nuclear base operators from investments

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUN 2013  |  NEWS
The New Zealand Superannuation Fund has decided to exclude a group of nuclear base operators because they are involved in programs to extend the life of nuclear stockpiles in the United States and United Kingdom. The NZ$22bn NZ Superannuation Fund will ...

Bill McKibben urges super funds to divest from fossil fuel

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 JUN 2013  |  NEWS
Environmental activist Bill McKibben has met with superannuation funds during his recent Australian tour, pressing the economic and moral case for investors to divest from fossil fuel companies. Bill McKibben, co-founder and chairman of the board of ...

NAB, bankmecu win at Australasian Reporting Awards

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 JUN 2013  |  NEWS
National Australia Bank has been recognised for its sustainability reporting, while bankmecu won an award for integrated reporting at the 2013 Australasian Reporting Awards (ARA). Damien Walsh, bankmecu managing director The ARA awards are intended ...

NGS Super allocates to NSW social benefit bond

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2013  |  NEWS
NGS Super has become the first superannuation fund to invest in a social benefit bond with an AU$500,000 allocation to an AU$7 million bond. The social benefit bond (SBB) was launched by Social Ventures Australia (SVA) and will fund the Newpin program ...

CDP signs agreements with SASB, GRI to further standards

RACHEL ALEMBAKIS  |  FRIDAY, 7 JUN 2013  |  NEWS
CDP has signed separate agreements to partner with the Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI) with the intention of improving corporate reporting of climate change and sustainability issues. SASB is ...

Pollinate Energy brings solar lighting to urban slums

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 JUN 2013  |  NEWS
Pollinate Energy, a not-for-profit social enterprise, is working to provide affordable solar lighting to people in India's urban slums. Pollinate Energy's founders. Co-Founder Kat Kimmorley in centre of front row. Pollinate Energy has developed a business ...

GBCA: Green Star buildings more efficient, less wasteful

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 JUN 2013  |  NEWS
Green Star-rated buildings produce around one third the greenhouse gas emissions and use a third of the electricity consumed by the average Australian building, according to research from the Green Building Council of Australia (GBCA). GBCA's report ...

IIRC CEO favours market-led adoption of Integrated Reporting

RACHEL ALEMBAKIS  |  FRIDAY, 31 MAY 2013  |  NEWS
The chief executive officer of the International Integrated Reporting Council (IIRC) says market-led adoption of the Integrated Reporting (IR) framework, not mandatory compliance, will lead to better corporate reporting. Paul Druckman, IIRC CEO Paul ...

Mercer: benefits to creating fairer long-term value in capital

RACHEL ALEMBAKIS  |  FRIDAY, 31 MAY 2013  |  NEWS
With the prospect of a continued low-return investment environment looming, institutional investors should examine the benefits of creating and preserving fairer long-term value in their invested capital, according to Mercer. Helga Birgden, head of ...