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LGS, VicSuper leaders in AODP climate investment index

RACHEL ALEMBAKIS  |  FRIDAY, 20 DEC 2013  |  NEWS
Local Government Super (LGS) and VicSuper are in the top five pension funds for their approach to managing climate risk, but overall, the world's largest asset owners are failing to manage the growing financial risks posed by climate change, according ...

Remuneration consultant disclosure regime questioned

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 DEC 2013  |  NEWS
The rationale behind the requirement on listed companies to disclose information about remuneration consultants is "unclear" and the regime should either be discarded or improved to provide more specific information, according to a report by Ownership ...

CDP to broaden, enhance cities program with Bloomberg grant

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 DEC 2013  |  NEWS
Bloomberg Philanthropies has awarded CDP a three-year, US$4.1 million grant to expand and enhance the CDP's reporting platform and technical support for city governments. The grant is a broadening of CDP's relationship with its "long-standing partner" ...

ICGN names Kerrie Waring managing director

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 DEC 2013  |  NEWS
The International Corporate Governance Network (ICGN) has named Kerrie Waring managing director. Kerrie Waring, managing director, ICGN ICGN is an investor-led organistion of governance professionals, with members in more than 50 countries, including ...

Video Panel: Ethical Investments: Design and Communication

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2013  |  NEWS
Ethical Investments: Design and Communication from The Sustainability Report on Vimeo. The Sustainability Report moderated this live panel debate in Sydney on the investment decision-making behind ethical financial products in the areas of superannuation ...

Integrated Reporting framework launched

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2013  |  NEWS
The newly released International Integrated Reporting Framework could serve to improve integrated thinking and reporting about value creation over time, but concerns remain in Australia about specific legal questions over forward-looking statements. ...

More Australian companies report corporate responsibility

RACHEL ALEMBAKIS  |  FRIDAY, 13 DEC 2013  |  NEWS
More than 80% of leading Australian companies report in the area of corporate responsibility, according to KPMG. KPMG has issued its 8 th Survey of Corporate Responsibility Reporting a global analysis of 4,100 companies. Overall, 82% of Australian companies ...

Co-operatives "have role to play" in public service delivery

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 DEC 2013  |  NEWS
Co-operatives and mutuals have "a clear role" to play in the delivery of public services, according to a report commissioned by the Business Council of Co-operatives and Mutuals (BCCM) and bankmecu. Melina Morrison, BCCM CEO (Photo courtesy of BCCM) ...

Expanded EUAs could generate $4.5bn investment in Victoria

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 DEC 2013  |  NEWS
If environmental upgrade agreements (EUAs) are expanded to encompass commercial properties across Victoria, the EUA financing vehicle could generate AU$4.5 billion of commercially attractive investment and create over 18,000 jobs, according to new research. ...

Valuing ESG risks, return potential in real assets

RACHEL ALEMBAKIS  |  FRIDAY, 6 DEC 2013  |  NEWS
Infrastructure and urban and agriculture property assets expose investors to both the risks and the opportunities of climate change and other macro-economic challenges. By investing in companies and projects that actively measure and manage the risks ...