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Climate Disclosure Standards Board issues TCFD aligned framework

RACHEL ALEMBAKIS  |  FRIDAY, 13 APR 2018  |  NEWS
Climate Disclosure Standards Board (CDSB) has released today an updated version of their framework, aligned with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD). The framework presents links to align reporting environmental ...

Government finds no legislative barriers to implementing TCFD

RACHEL ALEMBAKIS  |  FRIDAY, 6 APR 2018  |  NEWS
The federal government says there are no legislative barriers preventing the full adoption of the Financial Stability Board Task Force on Climate-related Financial Disclosures (TCFD) in corporate reporting. Sarah Barker, special counsel, Minter Ellison ...

ACSI report finds gaps in ASX200 codes of conduct, whistleblowing

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2018  |  NEWS
ASX200 companies are not addressing key risks in codes of conduct and whistleblowing systems, according to new research by the Australian Council of Superannuation Investors (ACSI). Louise Davidson, ACSI CEO ACSI found that of the ASX200 companies ...

Less than one-fifth of board, executive positions held by women globally: Vigeo Eiris

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAR 2018  |  NEWS
Globally, less than one fifth of board and executive-level positions were held by women in 2016, according to survey of Vigeo Eiris data. Julia Leske, CEO, CAER Vigeo Eiris has published research to coincide with International Women's Day, looking at ...

Nearly half of all board appointments to date in 2018 women: AICD

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAR 2018  |  NEWS
Nearly one out of every two ASX200 board appointments thus far in 2018 has been a woman, according to new research from the Australian Institute of Company Directors (AICD). Louise Petschler, general manager - advocacy, AICD Women made up 47% of ASX200 ...

Australian Ethical Investment makes three new hires

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAR 2018  |  NEWS
... these appointments come on the back of their attainment of 50% gender representation on the Australian Ethical Investment Board and the naming of one of its board members, Mara Bun, as the first female president of the Australian Conservation Foundat ...

Local Government Super co-files ACCR-organised Rio Tinto shareholder resolution

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAR 2018  |  NEWS
... (ACCR). It is expected to be heard at Rio Tinto's UK AGM on 11 April and Australian AGM on 2 May, and calls on Rio Tinto's board to "disclose industry memberships and amounts paid since 2012; evaluate whether industry association advocacy positions are ...

HESTA to survey investment managers for workplace gender diversity

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAR 2018  |  NEWS
... week encouraging them to complete the online survey. The results will be reported to the HESTA Investment Committee and Board. "We consider diversity to be much broader than gender, given the strong research conclusions and the significant representation ...

Russell Investments to implement new material ESG score methodology

RACHEL ALEMBAKIS  |  FRIDAY, 23 FEB 2018  |  NEWS
... stock return compared to traditional, non-material ESG scores." The process uses the Sustainability Accounting Standards Board 's (SASB) materiality map as well as the research categories of Sustainalytics, said Scott Bennett, director, equity strategy ...

Australian Ethical Investment reports AUM of $2.6 billion for half year

RACHEL ALEMBAKIS  |  FRIDAY, 23 FEB 2018  |  NEWS
... day-to-day business practices. Now more than ever, people want to align their investments with their personal values." The board of Australian Ethical Investment declared an interim fully franked dividend of 165 cents per share for the 6 months ended ...