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Impact Investing Australia launches guide to define social costs

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 FEB 2016  |  NEWS
Deloitte Access Economics in association with the Australian Advisory Board on Impact Investing have developed a guide to help the social services sector to define and understand the costs of social services. Rosemary Addis, chair of the Australian ...

Pauline Vamos to step down as ASFA CEO

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 FEB 2016  |  NEWS
... stepping down as CEO of the Association of Superannuation Funds (ASFA), after eight and a half years in the role. The ASFA board will commence its recruitment process shortly and have asked Vamos to stay on to at least the end of June, the Board said. ...

ACSI, TIAA-CREF engage on "show of hands" AGM voting

RACHEL ALEMBAKIS  |  FRIDAY, 12 FEB 2016  |  NEWS
... the engagement initiative included APG Asset Management Asia, Australian Super, AXA Investment Managers, CPP Investment Board, Colonial First State Global Asset Management, Florida State Board of Administration (SBA), HOSTPLUS, Indus Capital Partners ...

Senate inquiry to examine carbon risk disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 5 FEB 2016  |  NEWS
... current carbon risk disclosure practices within corporate Australia; (c) Australian involvement in the G20 Financial Stability Board discussions on carbon risk impacts for financial stability; (d) current regulatory and policy oversight of carbon risk ...

Governance Institute issues guide for political donation policies

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 FEB 2016  |  NEWS
Companies considering making political donations should have policies on the process for making donations and consider the complex regulatory environment as well as potential reputational risks, according to the Governance Institute. Judith Fox, director ...

Less than half of suppliers reporting CO2 data: CDP

RACHEL ALEMBAKIS  |  FRIDAY, 29 JAN 2016  |  NEWS
... reduce emissions and 34% have lowered their GHG in the last reporting year. According to the report, 53% of suppliers have board level responsibility for climate change, while 46% provide incentives to individuals for the management of climate change ...

Impact Investing Australia to develop Impact Capital Australia

RACHEL ALEMBAKIS  |  FRIDAY, 15 JAN 2016  |  NEWS
... constructing vehicles and seeking opportunities to accelerate its development. Rosemary Addis, chair of the Australian Advisory Board on Impact Investing and Impact Investing Australia Late last year, Impact Investing Australia launched a blueprint for ...

CEFC receives new investment mandate

RACHEL ALEMBAKIS  |  FRIDAY, 8 JAN 2016  |  NEWS
... Energy Finance Corporation was consulted on a draft of the investment mandate prior to the changes being implemented. "The board's view is that the approach adopted in the consultation draft investment mandate represents an appropriate approach that ...

Investors question payday lenders at AGMs

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2015  |  NEWS
... Walsh Consultants Pty Ltd, bought 1,200 shares each in Cash Converters and Money3 so as to be able to send questions to the board for the AGM. UCA Funds Management is not permitted to invest in either of those companies because of the fund's responsible ...

Elizabeth Proust appointed AICD chairman

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 DEC 2015  |  NEWS
... chair Yasmin Allen, who was appointed when Michael Smith stood aside from the role in September. Smith resigned from the board in order to concentrate on his duties as chair of convenience store chain 7-Eleven, AICD said. "Elizabeth's appointment will ...