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Christian Super allocates $6m to social enterprise fund

RACHEL ALEMBAKIS  |  FRIDAY, 7 OCT 2011  |  NEWS
The AU$450m Christian Super superannuation fund has made an AU$6m commitment to a social enterprise fund run by Brisbane-based Foresters Community Finance. Foresters' Social Enterprise Solutions brand is one of two fund managers selected by the Department ...

ASX500 companies increase number of women on boards

RACHEL ALEMBAKIS  |  FRIDAY, 7 OCT 2011  |  NEWS
An analysis of ASX500 companies shows that there are 235 women holding 307 directorship positions, and 233 companies have at least one woman on board. The research note authored by the Reibey Institute noted that women hold 9.5% of ASX500 board positions ...

Copper producer joins International Council on Mining and Metals

RACHEL ALEMBAKIS  |  FRIDAY, 7 OCT 2011  |  NEWS
The International Council on Mining and Metals (ICMM) has welcomed copper producer Codelco as a member company. Meanwhile, BHP Billiton CEO Marius Kloppers has taken over as chair of the ICMM. "We are pleased to have Codelco aboard as an ICMM member," ...

Miners, stakeholders agree to actions in Upper Hunter Valley

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 OCT 2011  |  NEWS
Miners and community stakeholders in the Upper Hunter Valley of New South Wales have agreed to a list of actions to address the impacts of coal mining on a range of issues from mine rehabilitation to water assessments, long term health impacts to local ...

GRI releases guidance for reporting on ecosystem services

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 OCT 2011  |  NEWS
The Global Reporting Initiative (GRI) has issued a new set of guidances to assist companies to monitor and report their impacts and dependences ecosystem factors including on freshwater, climate regulation and pollination. Under the GRI's Approach for ...

Nearly half of ASX100 companies exposed to human rights risks

RACHEL ALEMBAKIS  |  FRIDAY, 30 SEP 2011  |  NEWS
Nearly half of ASX100 companies are exposed to human rights risks in their overseas operations, and almost all of those companies have inadequate management systems in place to mitigate those exposures, a study by Net Balance has found. Net Balance ...

ACSI recommend against News Corp board re-election

RACHEL ALEMBAKIS  |  FRIDAY, 30 SEP 2011  |  NEWS
The Australian Council of Superannuation Investors (ACSI) has recommended that superannuation funds invested in News Corporation vote against the re-election of six of the company's executive directors in the upcoming annual general meeting. "Progress ...

DEXUS profits up, water, energy and GHG intensity down

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 SEP 2011  |  NEWS
DEXUS Property Group reported a net profit for the 2011 financial year of AU$553m, an increase of AU$521.6m over last year, while decreasing energy, greenhouse gas and water intensity across its entire portfolio. DEXUS owns, manages and develops office ...

Regulatory barriers slowing cogeneration technology usage

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 SEP 2011  |  NEWS
Cogeneration - combined heat and power - and trigeneration - combined cooling, heat and power - offer "significant" environmental and economic benefits to the Australian building industry. But "a complex and burdensome connection process and regulatory ...

Apparel industry exposed to social risk in supply chain

RACHEL ALEMBAKIS  |  FRIDAY, 23 SEP 2011  |  NEWS
Eds note: article has been revised to include comment from Ian Woods of AMP Capital. The Australian apparel and retailers industry is exposed to social risks through their supply chain, both in South East Asia and at home, and companies and their investors ...