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Leightons under investigation over payment disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 17 FEB 2012  |  NEWS
The Australian Federal Police (AFP) are investigating Leighton Holdings over payments that may have been made by a subsidiary company "in connection with work to expand offshore loading facilities for Iraq's crude oil exports." But Duncan Paterson ...

Managing regulatory impacts priority for CSR practitioners

RACHEL ALEMBAKIS  |  FRIDAY, 17 FEB 2012  |  NEWS
Corporate social responsibility (CSR) programs are predominately driven by the view that its value is derived from enhancing corporate reputation, reducing risk and facilitating regulatory compliance, according to the Australian Centre for Corporate ...

Chloe Munro named head of Clean Energy Regulator

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2012  |  NEWS
Chloe Munro has been appointed chair and chief executive officer of the Clean Energy Regulator. The Clean Energy Regulator, which will be established from 2 April, is responsible for implementing and administering the carbon price mechanism, the National ...

Call for working group on shareholder resolution reform

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2012  |  NEWS
Ethinvest, an investment advisory firm, is forming a working group to lobby for changes to address what the managing director calls a lack of clarity around the process of putting shareholder resolutions to an annual general meeting (AGM). Trevor Thomas ...

ASX50 companies slow to adopt integrated reporting

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2012  |  NEWS
Although nine companies in the ASX50 are "well placed" in how they integrate non-financial information with financial disclosures in public documents, the majority of ASX50 companies have been assessed as being less than 50% integrated, according to ...

Government extends deadlines for Solar Flagship Program

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 FEB 2012  |  NEWS
The Australian government has extended the tender process for grants to its Solar Flagship Program, designed to fund the construction of a large-scale solar photovoltaic (PV) power station. Resources, Energy and Tourism Minister Martin Ferguson announced ...

City of Melbourne to hold EUA sessions for building sector

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 FEB 2012  |  NEWS
The City of Melbourne and the Sustainable Melbourne Fund are offering three free information sessions to educate consultants and contractors to the commercial building sector on environmental upgrade agreements (EUAs). The information sessions in February ...

Ken Henry to speak at ACCSR annual conference

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 FEB 2012  |  NEWS
Former Treasury Secretary Ken Henry will give a keynote address at the Australian Centre for Corporate Social Responsibility (ACCSR)'s fifth annual conference on the state of corporate social responsible in Australia. Henry, who is also a non-executive ...

Debate over setting surrender charges for carbon units

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2012  |  NEWS
The government is consulting with stakeholders on regulations to establish surrender charge for international carbon units that liable companies could purchase to offset carbon emission liabilities. Brokers say that the government must select a policy ...

CDP: companies put climate change risk into supply chain

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2012  |  NEWS
Global businesses are increasingly integrating climate change strategies into their supply chain procurement guidelines, but suppliers' rates of reducing greenhouse gas emission are lower than their corporate clients, according to a Carbon Disclosure ...