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KPMG: fraud costs Australian/NZ businesses $373 million

RACHEL ALEMBAKIS  |  FRIDAY, 8 FEB 2013  |  NEWS
Australian and New Zealand organisations have lost an estimated AU$373 million due to fraud in the last two years, but only 15% of organisations surveyed by KPMG see fraud as a key risk. Gary Gill "People don't take fraud, bribery and corruption seriously ...

GNDI: encourage board diversity, but not by quotas

RACHEL ALEMBAKIS  |  FRIDAY, 8 FEB 2013  |  NEWS
A diverse corporate board can have a significant, positive impact on business outcomes, but mandatory quotas are not the most effective way to improve board diversity, according to a joint policy paper issued by the Global Network of Director Institutes ...

Australian Ethical survey identifies savings as top priority

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 FEB 2013  |  NEWS
Seven out of ten Australians have identified looking after their finances as a top priority for 2013, and a majority say that it is important that their investments are aligned with their personal values, according to a survey conducted on behalf of ...

Jessica Robinson named ASrIA general manager

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 FEB 2013  |  NEWS
The Association for Sustainable and Responsible Investment in Asia (ASrIA) has hired Jessica Robinson as general manager. Robinson has worked for over 15 years in professional services and business consulting, with specialism in the financial services ...

Biologists develop essential variables to track biodiversity

RACHEL ALEMBAKIS  |  FRIDAY, 1 FEB 2013  |  NEWS
An international team of biologists, including an associate professor at Monash University, have proposed a global biodiversity monitoring system based on a set of essential biodiversity variables to improve the data feeding biodiversity policy and ...

Norton Rose launches clean energy law service

RACHEL ALEMBAKIS  |  FRIDAY, 1 FEB 2013  |  NEWS
Legal practice Norton Rose has launched Clean Energy Law in Australia, an online subscription service that provides commentary on commonwealth laws covering the clean energy industry. Elisa de Wit Norton Rose has also published a book of the same name ...

ACCSR focus on responsible leadership in conference, report

RACHEL ALEMBAKIS  |  FRIDAY, 1 FEB 2013  |  NEWS
As companies integrate corporate social responsibility (CSR) into their business strategies, the Australian Centre for Corporate Social Responsibility (ACCSR) is analysing responsible leadership in its forthcoming annual conference and report into the ...

US$178.5bn in sustainable investments in Australia

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 JAN 2013  |  NEWS
There are US$178.5bn of sustainable investments in Australia, representing about 18% of total assets under management, with integration of environmental, social and governance (ESG) factors being the single largest strategy employed by sustainable investors ...

Drive to push corporate communication of ESG materiality

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 JAN 2013  |  NEWS
Companies need to develop and implement new strategies to uncover and communicate how environmental, social and governance (ESG) factors are material to business performance, and investors need to ask companies questions on material ESG factors during ...

Unlisted alt assets as vehicle for accessing sustainability

RACHEL ALEMBAKIS  |  FRIDAY, 25 JAN 2013  |  NEWS
Unlisted alternative assets can provide access to sustainability themes without the volatility exposures that come with listed market investments, and Mercer has said it is seeking to identify quality managers in this space. Helga Birgden Mercer's responsible ...