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Woodside shareholders reject carbon disclosure resolution

RACHEL ALEMBAKIS  |  FRIDAY, 29 APR 2011  |  NEWS
Woodside Petroleum Ltd shareholders - including signatories to the UNPRI - have rejected a resolution that would have amended the corporate constitution to require disclosure of the company's assumptions of future carbon prices, oil prices, demand for ...

Diane Grady appointed to Macquarie board

RACHEL ALEMBAKIS  |  FRIDAY, 29 APR 2011  |  NEWS
Macquarie Group has appointed Diane Grady to its board as a non-executive director, making her the third woman on the board. The appointment is effective as of 19 May. Grady has been a full time independent director since 1994 and has served on boards ...

Rio Tinto annual report: fewer injuries, increase in GHG emission

RACHEL ALEMBAKIS  |  THURSDAY, 21 APR 2011  |  NEWS
Rio Tinto reported falling injury frequency rates, a year-on-year uptick in greenhouse gas (GHG) emissions intensity and a 40 per cent increase in community contributions against a backdrop of record US$14bn in underlying earnings and falling debt in ...

Transparency improving around miners' ESG reporting

RACHEL ALEMBAKIS  |  FRIDAY, 15 APR 2011  |  NEWS
A growing number of mining and metals companies are providing data on social and environmental impacts, according to a report by the International Council on Mining and Metals (ICMM). Of the ICCM's 18 members, 17 reported on their sustainability performance ...

Westpac targets 40 percent women in senior management by 2014

RACHEL ALEMBAKIS  |  FRIDAY, 15 APR 2011  |  NEWS
The Westpac Group has committed to increasing the number of women in senior leadership roles to 40 percent by 2014. Westpac announced this move in a report, On Target, to demonstrate their performance against the UN Women's Empowerment principles, released ...

Australian companies fail on labour reporting

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2011  |  NEWS
An analysis of 10 large Australian companies has found that they are failing to accurately report their labour practices management and performance. Nick Edgerton, Colonial First State Global Asset Management Banarra, a Sydney-based consultancy that ...

GRI releases new standards for sustainability reporting

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2011  |  NEWS
Global Reporting Initiative (GRI ) has updated its sustainability guidance to enhance reporting of operations impacting on human rights, gender and community. The new version, 3.1, is touted as improvements that strengthen expansiveness of reporting ...

UN PRI rolls out mandatory fees, expanded agenda

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2011  |  NEWS
Signatories to the United Nations Principles for Responsible Investment (PRI) will have to pay an annual fee to the secretariat from this month as the organisation embarks on a plan to increase its presence in markets around the world and provide guidance ...

AGL wins award for sustainability report

RACHEL ALEMBAKIS  |  FRIDAY, 1 APR 2011  |  NEWS
AGL Energy has won an award for its sustainability report at the Energy Supply Association of Australia's (ESAA) Sustainability Reporting and Innovation Awards. AGL's 2010 Sustainability Report was recognized for its "strong systematic approach to identifying ...

PRI hires Rob Lake as director of strategic development

RACHEL ALEMBAKIS  |  FRIDAY, 1 APR 2011  |  NEWS
Principles for Responsible Investment (PRI) has hired Rob Lake as director of strategic development, effective 16 May. Rob Lake Lake will be responsible for PRI's country networks, signatory outreach and recruitment, the academic network and the public ...