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James Thier retires from Australian Ethical

RACHEL ALEMBAKIS  |  FRIDAY, 26 AUG 2011  |  NEWS
James Thier, a founding director of Australian Ethical Investment, has retired from the company as of last week. Australian Ethical is a fund manager with AU$650m in assets under management, specialising in ethical and sustainable investment since its ...

DEXUS appoint Tonianne Dwyer independent director

RACHEL ALEMBAKIS  |  FRIDAY, 26 AUG 2011  |  NEWS
DEXUS Property Group has appointed Tonianne Dwyer as an independent director. Dwyer served from 2006-2010 as director of Quintain Estates and Development, a listed United Kingdom property company engaged in funds management, investment and urban regeneration ...

Mirvac Group net profit up 30%, increased energy savings

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 AUG 2011  |  NEWS
Mirvac Group reported operating net profit after tax had increased 30.2% to AU$358.5m for the 2010/2011 financial year, with statutory net profit down by 22.3% to AU$182.3m and operating earnings per stapled security up 13.7% to 10.5 cents, in line ...

Paper guides investors to ESG investment integration

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 AUG 2011  |  NEWS
Institutional investors can integrate environmental, social and governance (ESG) factors into their investment approaches in a number of structured fashions, including tilting towards or against ESG factors, taking an active ownership approach, targeted ...

GPT moves into refurbished, greener headquarters

RACHEL ALEMBAKIS  |  FRIDAY, 19 AUG 2011  |  NEWS
The GPT Group (GPT) is aiming to have its newly refurbished headquarters in the MLC Centre in Sydney recognised with a 6 Star Green rating within an existing building that has not undergone a major refurbishment. Photo credit: The GPT Group In setting ...

AGL wins three awards for sustainability reporting

RACHEL ALEMBAKIS  |  FRIDAY, 19 AUG 2011  |  NEWS
AGL has won three awards at the Australian Association of Chartered Certified Accountants (ACCA) Reporting Awards - the top prize of Best Sustainability Report as well as Best Sustainability Reporting of an ASX 50 Company and Best Sustainability Reporting ...

Interview: Anthea McIntyre, Australian Institute of Company Directors

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 AUG 2011  |  NEWS
The Australian Institute of Company Directors (AICD) last week launched Tomorrow's boards: Creating balanced and effective boards, a book that details the current composition of Australia's boards, selection practices and the advantages inherent in ...

Carbon price will capture mines' fugitive emissions

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 AUG 2011  |  NEWS
The Australian government's carbon pricing plan will tax mines for "fugitive" gas emissions - emissions of trapped methane that are released during the extraction process, according to a briefing from the International Council on Mining and Metals (ICMM). ...

ACSI release governance guidelines

RACHEL ALEMBAKIS  |  FRIDAY, 12 AUG 2011  |  NEWS
The Australian Council of Superannuation Investors (ACSI) has released the fifth edition of its governance guidelines ' A Guide for Superannuation Trustees to monitor listed Australian companies'. The guide, which is updated every second year, includes ...

Carbon price package could yield greater than expected reductions

RACHEL ALEMBAKIS  |  FRIDAY, 12 AUG 2011  |  NEWS
The government's carbon price package could help Australia achieve a greater than expected reduction in greenhouse gas emission by 2020 if successfully implemented, according to research from ClimateWorks Australia. ClimateWorks Australia's analysis ...