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La Trobe University wins sustainability reporting award

RACHEL ALEMBAKIS  |  FRIDAY, 27 APR 2012  |  NEWS
La Trobe University won best first time report in the CR Reporting Awards (CRRA) for its 2010 sustainability report. Sydney-based consultancy Banarra was first runner up in the Best SME report category, while Amcor was also a runner up for the Best ...

QIC selects Molpus Woodlands Group for timber mandate

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 APR 2012  |  NEWS
QIC has selected the US-based Molpus Woodlands Group as an investment partner, with the timberland specialist purchasing approximately 42,000 acres of timberland on QIC's behalf. James Dick, QIC head of alternative investments The AU$63.5bn institutional ...

UKSIF endorses Natural Capital Declaration

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 APR 2012  |  NEWS
The UK Sustainable Investment and Finance Association (UKSIF) has joined National Australia Bank and other institutions in endorsing the Natural Capital Declaration, a financial sector declaration to address the use of natural capital by businesses. ...

Sustainable workforce a material corporate issue

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2012  |  NEWS
As companies and organisations look to manage their material sustainability factors, the issue of a sustainably managed and motivated workforce is coming to the forefront. While occupational health and safety issues are routinely managed and reported ...

CFSGAM reports top quartile performance in UNPRI principles

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2012  |  NEWS
Colonial First State Global Asset Management (CFSGAM) is rated as performing in the top quartile of global investment managers for five of the six UNPRI principles, and the firm has reaffirmed its commitment to leadership in integrating ESG considerations ...

Industry welcomes CEFC expert review

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 APR 2012  |  NEWS
Investors, banks and industry bodies welcomed the report on the structure of the Clean Energy Finance Corporation (CEFC), saying that the expert review panel's conclusions reflected a pragmatic view of the CEFC's role in facilitating private investment ...

Q&A with Nelmara Arbex, deputy chief executive, GRI

RACHEL ALEMBAKIS  |  FRIDAY, 13 APR 2012  |  NEWS
Nelmara Arbex is deputy chief executive of the Global Reporting Initiative (GRI), which provides the most commonly accepted set of guidelines for sustainability reporting. During the Australian GRI conference in Melbourne on 26-28 March, Arbex spoke ...

International human rights law impacts Australian companies

RACHEL ALEMBAKIS  |  FRIDAY, 13 APR 2012  |  NEWS
Australian companies are exposed to risks stemming from human rights issues, and should be aware of international laws and frameworks creating obligations or pressure to set, implement and monitor human rights policies. Although there is not one set ...

CSA warns on timing of undirected proxy vote legislation

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 APR 2012  |  NEWS
Chartered Secretaries of Australia (CSA) is not confident that the government will be able to pass legislation that will clarify the right of a company chair to vote undirected proxies on a remuneration report resolution. Under current law, company ...

Australian Ethical funds post mixed month for February

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 APR 2012  |  NEWS
Five of Australian Ethical's managed funds had positive returns for the month of February, but some underperformed their benchmarks and others barely eked out positive returns. Australian Ethical's Smaller Companies Trust had the highest returns for ...