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Showing 431 - 440 of 476 results for "purpose"

Westpac, CBA, Benevolent Society launch social benefit bond

RACHEL ALEMBAKIS  |  FRIDAY, 21 JUN 2013  |  NEWS
... investment vehicle. "The interesting thing to me when talking to social enterprises is that they have to understand the purpose of the social benefit bond," she said. "... I explain to them that the bond as a product is supposed to be no-risk or/low-risk ...

CSA calls for "safe harbour" to encourage IR disclosures

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 MAY 2013  |  NEWS
... directors to act with "reasonable care and diligence and in good faith in the best interests of the company and for a broader purpose," CSA said in a post on its web site. "If you're making a forward-looking statement, you don't have all the information ...

Superannuation funds urged to examine impact of investments

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAY 2013  |  NEWS
... obligations and whether investing for economic and social return is compatible with obligations such as the SIS Act's sole purpose test. "It's tempting to ask whether it can be done without compromising the returns and so satisfy our fiduciary obligations ...

StepUP loans provide social, economic return on investment

RACHEL ALEMBAKIS  |  FRIDAY, 19 APR 2013  |  NEWS
... Mooney said, so there is scope to expand the loan from a capital perspective. "The recommendation to broaden the loan purpose a little bit more so that it's not limited to any particular purpose - we're clearly ready to make that move," Mooney said. ...

Australia/NZ companies lag in Corporate Responsibility Index

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 APR 2013  |  NEWS
... responsible business and that, for us, CSR is built-in, not bolted on. "As a mutual bank, we believe that profit has a purpose. In the past 12 months, we've continued to improve our organisational performance to become a national and international leader ...

GRESB hires head of sustainability

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 MAR 2013  |  NEWS
The Global Real Estate Sustainability Benchmark (GRESB) has hired Elsbeth Quispel as head of sustainability. As head of sustainability, Quispel is responsible for developing and managing the annual GRESB survey and its other products and services, including ...

IIRC, IASB agree to more cooperation on reporting standards

RACHEL ALEMBAKIS  |  FRIDAY, 15 FEB 2013  |  NEWS
... of high quality global accounting standards that provide high quality transparent and comparable information in general purpose financial statements. As part of the agreement, the two bodies will work together to communicate about work on their respective ...

Net Balance certified as a B Corporation

RACHEL ALEMBAKIS  |  FRIDAY, 18 JAN 2013  |  NEWS
... makeup in the way we operate as both a for-profit and a not for profit. We're driven with the twin motives of profit and purpose. The B Corp certification provides an easier way to communicate it and to have some credibility behind it." Net Balance's ...

NAB Asset Servicing developing ESG overlay tool

RACHEL ALEMBAKIS  |  FRIDAY, 21 DEC 2012  |  NEWS
National Australia Bank's custody and administration division is in the process of developing a responsible investment overlay tool that will provide superannuation fund trustees with a monthly report on the environmental, social and governance exposures ...

LGS generating energy savings certificates from retrofits

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 NOV 2012  |  NEWS
... of a whole process designed to get the best lighting outcome - increased energy efficiency and better lighting/ fit for purpose - and certificates are generated on this design, as opposed to the design being made to get cheapest certificate generation ...