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Cbus CEO David Atkin re-elected to PRI Advisory Council

RACHEL ALEMBAKIS  |  FRIDAY, 28 SEP 2012  |  NEWS
Cbus CEO David Atkin has been re-elected to the Principles for Responsible Investment (PRI) Advisory Council in the council's annual elections. Atkin is the Oceania representative to the PRI Advisory Council, the PRI's chief governance body. There were ...

Foresters finances Eating Disorders Victoria service

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 SEP 2012  |  NEWS
Foresters Community Finance has financed an expanded counseling service for Eating Disorders Victoria (EDV) through its Social Enterprise Solutions program. The loan will provide funds for EDV to provide community-based early intervention and ongoing ...

Southern Cross Renewable Energy Fund funds Brisbane Metals

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 SEP 2012  |  NEWS
Southern Cross Renewable Energy Fund has invested AU$1.5m in Brisbane Metals, Queensland-based solar technology company. Resources Minister Martin Ferguson Brisbane Metals will use the AU$1.5m and a further AU$2.5m investment from USA-based New Ventures ...

Carol Adams named director of secretariat for AA1000 series

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 SEP 2012  |  NEWS
Carol Adams has been named director of the secretariat for the AA1000 standards series at global think tank and advisory services firm AccountAbility. Carol Adams Adams, pro vice-chancellor (Sustainability) and professor at La Trobe University, has ...

Using natural capital to add to risk, opportunity analysis

RACHEL ALEMBAKIS  |  FRIDAY, 21 SEP 2012  |  NEWS
Business, government and wider society must account for and manage the value and use of natural capital to maintain a sustainable global economy. Valuing natural capital as part of an economy is a challenge because standard investment and economic measures ...

Stockland publishes integrated 2012 annual review

RACHEL ALEMBAKIS  |  FRIDAY, 21 SEP 2012  |  NEWS
Diversified property group Stockland reported continued reductions in greenhouse gas intensity in its office and retail properties, an 84% employee engagement score and a figure of AU$2.9m social return on investment for a typical Stockland retirement ...

FTSE adds three Australian companies to FTSE4Good indexes

RACHEL ALEMBAKIS  |  FRIDAY, 21 SEP 2012  |  NEWS
Coca-Cola Amatil, Suncorp Group and Tatts Group have been added to the FTSE4Good index series as part of FTSE's semi-annual review of the index and ESG ratings. FTSE added 21 companies and deleted seven countries from the index series. At the same time ...

ASX100 CEO pay, bonuses decline

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 SEP 2012  |  NEWS
Overall, the average cash pay for CEOs of top ASX100 listed companies has declined by nearly 9% from 2010 levels, which the Australian Council of Superannuation Investors (ACSI) attributes to a "more mature conversation" between shareholders and boards. ...

Sean Flannery joins Climate Bonds Advisory Panel

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 SEP 2012  |  NEWS
Sean Flannery has joined the Climate Bonds Advisory Panel. Flannery is chief operating officer and director of sustainable investment strategies at Meister Consultants Group in Boston, and is a director of IFOK. He is also former CIO, Americas, of State ...

Sustainable investing needed as global economy transforms

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2012  |  NEWS
Investment consultants Towers Watson believes that the world economies are in a period of transformation across a range of environmental, social and governance (ESG) factors, and institutional investors need a similar level of transformation to their ...