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GRI developing oil and gas sector reporting guidance

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2011  |  NEWS
The Global Reporting Initiative is developing sustainability reporting guidelines for the oil and gas sector, to be used by organizations for measuring and reporting on the economic, environmental, social, and governance dimensions of their activities ...

NSW coal miners engage in landmark stakeholder survey

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 MAY 2011  |  NEWS
Miners in the Upper Hunter Valley of New South Wales have engaged with stakeholders by commissioning a stakeholder survey to start a dialogue on the impacts of coal mining. The survey, commissioned by the New South Wales Minerals Council (NSWMC) shows ...

Integrating ESG an evolution for institutional investors

RACHEL ALEMBAKIS  |  FRIDAY, 6 MAY 2011  |  NEWS
Raising institutional investors' awareness of ESG risk and return factors is an evolution, according to Martin Goss, senior investment consultant, head of client consulting, Australia at global consultancy Towers Watson. Institutional investors can ...

Global Reporting Initiative launch process for new standards

RACHEL ALEMBAKIS  |  FRIDAY, 6 MAY 2011  |  NEWS
Global Reporting Initiative (GRI), the body that provides the most commonly accepted framework for producing sustainability reports, has launched the process that will result in the next generation of GRI guidelines. GRI is calling on its network of ...

Pacific Hydro to trade carbon credits from Chilean hydro project

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 MAY 2011  |  NEWS
Pacific Hydro, a renewable energy company owned by Industry Funds Management's Australian Infrastructure Fund, has received permission to create and trade carbon credits derived from a river hydro asset in Chile. The Clean Development Mechanism (CDM) ...

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 ...

PwC, Institute of Chartered Accountants recognise NFP transparency

RACHEL ALEMBAKIS  |  FRIDAY, 29 APR 2011  |  NEWS
Mission Australia and Camp Quality have been recognised with the fourth annual Australian PwC Transparency Awards, which recognise improvement in reporting in the not-for-profit (NFP) sector. The awards are adjudicated in collaboration with the Institute ...

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 ...

ANZ reviewing "sensitive sector" policies

RACHEL ALEMBAKIS  |  THURSDAY, 21 APR 2011  |  NEWS
ANZ Bank is reviewing its sensitive sector policies to ensure that their corporate responsibility framework is consistent with their customer engagement in socially and environmentally sensitive sectors including water, forestry, energy and mining and ...

Integrated reporting - should ASX follow in South Africa's footsteps?

RACHEL ALEMBAKIS  |  FRIDAY, 15 APR 2011  |  NEWS
Companies listed on Johannesburg Stock Exchange (JSE) are now responsible for producing an integrated financial report that recognizes their impact on the environment and society and related reputational issues, or explaining why they are not reporting ...