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ASX100 CEO pay increases faster than stock value

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 SEP 2011  |  NEWS
... AU$1.823m and average fixed pay fell, but the median bonus fell 7% to AU$1.122m and the average bonus also fell, although total disclosed pay rose 8.6% to AU$4.388m. Although the size of bonuses has fallen, the number of ASX100 CEOs that receive a bonus ...

Fuji Xerox Australia reports waste reduction, increase in injury rates

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 SEP 2011  |  NEWS
... 10.76 in 10/11. LTIFR is calculated by multiplying the number f lost-time injuries by 1,000,000 and then dividing by the total hours worked in the accounting period. "While some fundamentals and priority areas were addressed, there still remains significant ...

Australian property funds top GRESB list

RACHEL ALEMBAKIS  |  FRIDAY, 2 SEP 2011  |  NEWS
... two categories - management and policy and implementation and measurement. Management and policy represented 30% of the total GRESB score, with the weight given to implementation and measurement for the remaining 70%. The GRESB Foundation's report, its ...

Mirvac Group net profit up 30%, increased energy savings

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 AUG 2011  |  NEWS
... energy savings in 2010 and the 11.2m energy savings in 2009. The energy saving measures taken in 2010-2011 resulted in a 2.5% total portfolio energy saving. In its health, safety and wellbeing metrics, Mirvac noted that lost time injury frequency rate ...

Assistance will "significantly reduce" effects of carbon tax on industry

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 AUG 2011  |  NEWS
... companies, and to estimate the net impacts of the carbon price on company earnings, having taken this assistance into account. In total, we have estimated assistance and earnings impacts for 18 activities that have been defined by the government as eligible ...

Institutional investors back carbon tax scheme

RACHEL ALEMBAKIS  |  MONDAY, 11 JUL 2011  |  NEWS
... carbon tax would add 0.7ppts to CPI at initial introduction and then a further 0.2ppts as the carbon price rises, for a total impact of 0.9ppts on inflation. Gross national income will be about 0.1ppt lower and by 2020, income per capita is around 0.5ppts ...

Investor Profile: Victorian Funds Management Corporation

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2011  |  NEWS
... applicable to all the teams and then also asset class-specific training. Q: How does VFMC view ESG risk/reward in terms of the total portfolio? RM: It is one of the many factors that we take into account and it's not limited to equities per se. it's ...

PUMA's environmental P&L reporting: a model for Australia?

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUL 2011  |  NEWS
... suppliers - where raw materials are derived from natural resources. This part of the supply chain accounts for 36% of the total GHG emissions and 52% of water consumption. In a statement accompanying the release of the initial EP&L results, Jochen Zeitz ...

Benchmarking superannuation funds' sustainability performance

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUL 2011  |  NEWS
... to more effectively and efficiently engage with members." SuperRatings also rated 12 other superannuation funds out of 60 total funds under consideration for their "positive contribution to sustainability" - AMP Super (SignatureSuper, Flexible Super-Choice ...

The impact of universal owners on sustainable investing

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2011  |  NEWS
... strategies and integration of ESG factor analysis into asset allocation. Towers Watson cites the UNPRI statistic that the total cost of those three externalities exceeded US$2.5tr in 2008. Universal Owners can manage ESG externalities in three ways - ...