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Considering the first 20 years of the Global Reporting Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 29 SEP 2017  |  NEWS
In the 20 years since the Global Reporting Initiative (GRI) has launched, it has reshaped the way sustainability is reported and now that it has transitioned from voluntary guidelines into reporting standards, it could impact more profoundly in the ...

Australian Executor Trustees launches strategic partnership, talks impact

RACHEL ALEMBAKIS  |  FRIDAY, 29 SEP 2017  |  NEWS
Australian Executor Trustees (AET) has launched a strategic partnership with Rockefeller Philanthropy Advisors (RPA). Ben Clark, head of philanthropy and social investment, Australian Executor Trustees The partnership is aimed at developing more effective ...

Social Ventures Australia launches Diversified Impact Fund

RACHEL ALEMBAKIS  |  FRIDAY, 22 SEP 2017  |  NEWS
Social Ventures Australia (SVA) has launched a new Diversified Impact Fund that features a unique 20% downside protection. Alex Oppes, director, impact investing at SVA The SVA Diversified Impact Fund is seeking to raise $10 to $15 million to fund a ...

Australian Ethical appoints Michael Monaghan to board

RACHEL ALEMBAKIS  |  FRIDAY, 22 SEP 2017  |  NEWS
Australian Ethical Investment has appointed Michael Monaghan as non-executive director to the board. Monaghan has more than 30 years' experience in investment, consulting and leadership of financial services organisations both in Australia and internationally ...

Vigeo Eiris assesses "ongoing, serious" misconduct cases in global banks

RACHEL ALEMBAKIS  |  FRIDAY, 15 SEP 2017  |  NEWS
"Ongoing and serious cases of misconduct' in the banking and financial services sectors around the world undermine trust in markets and threaten banks' license to operate, according to global research from corporate social responsibility rating agency ...

Bessi Graham to step down as CEO of The Difference Incubator

RACHEL ALEMBAKIS  |  FRIDAY, 15 SEP 2017  |  NEWS
Bessi Graham will step down as CEO of The Difference Incubator (TDi) in December 2017, with Anthea Smits taking over. Graham has been CEO of TDi for seven years, building the organisation and expanding its reach, TDi said. "I have seen firsthand the ...

NAB, Life Without Barriers launch social benefit bond

RACHEL ALEMBAKIS  |  FRIDAY, 8 SEP 2017  |  NEWS
National Australia Bank (NAB) and Life Without Barriers have launched a social benefit bond (SBB) that targets criminal offending by young people in Queensland. James Wadell, director of NAB's Capital Financing Solutions team This is Queensland's first ...

Diversity Council Australia explores "double jeopardy" facing culturally diverse women

RACHEL ALEMBAKIS  |  FRIDAY, 8 SEP 2017  |  NEWS
A survey of more than 230 culturally diverse women who are leaders or aspiring leaders in Australian-based businesses say that there is strong evidence that "double jeopardy" - gender and cultural background combining - is locking them out of leadership. ...

ASX100 CEO pay remains below 2009 peak: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
Average fixed pay for ASX100 CEOs in 2016 was $1.89 million, with median CEO pay at $1.79 million, well below the 2009 peak for pay, according to the Australian Council of Superannuation Investors' (ACSI) annual survey of CEO pay. Louise Davidson, ACSI ...

UCA Funds Management hires James Cook as director investments

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
UCA Funds Management has hired James Cook as director investments. Michael Walsh, UCA Funds Management Cook has more than 32 years' experience in portfolio and senior management experience in Australia and the UK. He comes to UCA Funds Management from ...