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Showing 361 - 370 of 532 results for "profit"

CEFC commits $250m to large scale solar

RACHEL ALEMBAKIS  |  FRIDAY, 11 SEP 2015  |  NEWS
... large-scale solar sector to date." Separately, the CEFC has also announced that it has signed an agreement with not-for-profit community housing provider SGCH to develop environmentally-friendly social and affordable housing projects. The CEFC has committed ...

Governance Institute appoints Steven Burrell as CEO

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 AUG 2015  |  NEWS
... integrity of our markets and safeguarding shareholder interests. However, this is not always the case in the public and not-for-profit sectors or the wider community." Burrell was previously a journalist, columnist and editor at the Australian Financial ...

Telstra publishes 2015 Sustainability Report

RACHEL ALEMBAKIS  |  FRIDAY, 21 AUG 2015  |  NEWS
... reducing carbon emissions intensity by 27%, according to its sustainability report. Telstra reported an AU$4.3 billion net profit after tax, with a 30.5 cent total dividend per share. The company spent AU$1 billion on share buy back as well. In its sustainability ...

UCA Funds Management to convert funds to MIS

RACHEL ALEMBAKIS  |  FRIDAY, 31 JUL 2015  |  NEWS
... proposed changes in the near future, Walsh said. "We will be in a position where we're the only social enterprise, not-for-profit organisation that is church-owned that is also a fully-valid commercial fund manager that doesn't rely on exemptions," Walsh ...

ACCR to lodge carbon disclosure resolutions for AGL AGM

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUL 2015  |  NEWS
The Australasian Centre for Corporate Responsibility (ACCR) is lodging resolutions for AGL's annual general meeting (AGM) demanding the company set a quantitative target for annual reductions on emissions from power generation activities, among other ...

Super boards can add value with ESG focus: BNP Paribas

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUL 2015  |  NEWS
... on in general - what it is to be a good corporate governance body, whether it's a board of a listed company or a not-for-profit." However, only 11% of respondents believed that they will have international directors on their boards by 2025, with 20% ...

Community 21 closes share offering, raises nearly $750,000

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 JUL 2015  |  NEWS
... Community 21 has closed its capital raising campaign, having raised almost AU$750,000 and issuing shares to 18 new not for profit (NFP) shareholders. Peter Quarmby, Community 21 executive director Community 21 is the financial services company that jointly ...

Government proposes governance changes for super boards

RACHEL ALEMBAKIS  |  FRIDAY, 26 JUN 2015  |  NEWS
... outcome." In contrast, the Australian Institute of Superannuation Trustees (AIST) said the proposed changes for not-for-profit superannuation boards "are not supported by any hard evidence." "Not -for-profit super funds have outperformed year in, year ...

Citywide make two board appointments

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 JUN 2015  |  NEWS
... February 2015. Hardy has served on more than 25 boards across energy, services, technology, telecommunications and not-for-profit sectors. He has worked around the world, including more than 20 years with Shell. He is a director of the Melbourne Forum ...

Experts warn of trustees' climate change litigation risk

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUN 2015  |  NEWS
Legal and investment experts have been advising superannuation fund trustees that they have an obligation to include evaluation of climate change risk in their overall governance and investment processes. But there may be new urgency to the calls, influenced ...