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New industry body to promote women in financial services

RACHEL ALEMBAKIS  |  FRIDAY, 22 FEB 2013  |  NEWS
A new industry organisation aimed at ensuring that women reach executive positions in the financial services sector has claimed that quotas are not necessary to increasing the diversity of senior management. Judith Beck Financial Executive Women (FEW) ...

AXA IM brings ESG metrics to fixed income portfolio analysis

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 FEB 2013  |  NEWS
AXA Investment Managers (AXA IM) has developed a strategy that applies environmental, social and governance metrics to assess countries' creditworthiness and risks and opportunities in sovereign debt portfolios. Matt Christensen The approach is outlined ...

ACCSR conference tackles practice of responsible leadership

RACHEL ALEMBAKIS  |  FRIDAY, 15 FEB 2013  |  NEWS
It is the goal of sustainability practitioners to establish corporate social responsibility (CSR) to provide the company with processes and responsibilities to respond resiliently to both everyday interactions and to the extraordinary situations that ...

ACCSR reports on state of corporate social responsibility

RACHEL ALEMBAKIS  |  FRIDAY, 15 FEB 2013  |  NEWS
Lack of organisational buy-in or commitment to corporate social responsibility (CSR) is the greatest single obstacle to its success, according to the Australian Centre for Corporate Social Responsibility (ACCSR)'s annual review. The ACCSR's The State ...

Low Carbon Australia forms alliance with Wiley

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 FEB 2013  |  NEWS
Low Carbon Australia (LCAL) has formed an alliance with engineering and construction company Wiley to develop systems to improve energy efficiency and productivity for food and meat processing companies. Meg McDonald, Low Carbon Australia CEO The alliance ...

Monash University selected as sustainable development hub

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 FEB 2013  |  NEWS
Monash University has been selected one of two universities in the world to lead a United Nations Sustainable Development Solutions Network (SDSN) hub. As part of the role, Monash will "mobilise research centres, industry and community organisations ...

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 ...