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Number of women on boards climbs slowly, ACSI finds

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 OCT 2011  |  NEWS
The number of women directors in the ASX100 continued to climb slowly in 2010, accounting for 26% of new non-executive directors and 12.2% of all directors, up from 11.1% in 2009, according to research by the Australian Council of Superannuation Investors ...

Jillian Broadbent to chair Clean Energy Finance Corp panel

RACHEL ALEMBAKIS  |  FRIDAY, 14 OCT 2011  |  NEWS
The Gillard government has created an expert review panel to advise on the design of the AU$10bn Clean Energy Finance Corporation (CEFC), which is expected to commence operations from 2013-2014. Jillian Broadbent, a board member of the Reserve Bank ...

New standards for measuring GHG emissions in value chain

RACHEL ALEMBAKIS  |  FRIDAY, 14 OCT 2011  |  NEWS
The Greenhouse Gas Protocol has developed two new standards that will measure greenhouse gas emissions across companies' value chains and across product life cycles. The Corporate Value Chain (Scope 3) harmonizes global methodology to measure corporate ...

Business, investors get certainty as carbon package passes

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 OCT 2011  |  NEWS
The passage of the government's Clean Energy Future Legislation by the lower house of Parliament on Wednesday means businesses and investors have certainty around the carbon pricing regime and can plan accordingly for launch on 1 July 2012. Grant Anderson ...

Microfinance a source of financial and social return

RACHEL ALEMBAKIS  |  FRIDAY, 7 OCT 2011  |  NEWS
Microfinance - the provision of provision of financial services such as loans to entrepreneurs in emerging market countries - has existed for at least 30 years. But in the past decade, microfinance has moved from being solely the remit of non-profits ...

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 ...

Systemic fault jeopardises proxy vote integrity

RACHEL ALEMBAKIS  |  FRIDAY, 30 SEP 2011  |  NEWS
A systemic fault in proxy vote registrations means that investors have no way of confirming that their votes have been received properly and accurately counted. The final step of the proxy voting process is completed manually by registrars and there ...

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 ...