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The GIIN launches impact investing training programs

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 NOV 2014  |  NEWS
... of activities, education and research to accelerate the development of the impact investing industry. See Also: Advisory Board's bold strategy to increase impact investing

Boards more diverse, but ACSI calls for more "skin in the game"

RACHEL ALEMBAKIS  |  FRIDAY, 14 NOV 2014  |  NEWS
More than 11% of ASX200 non-executive board positions are held by directors who own no shares in the company, which the Australian Council of Superannuation Investors (ACSI) says goes counter to ACSI's expectation that directors will have "skin in the ...

Too few companies performing water risks assessment: CDP

RACHEL ALEMBAKIS  |  FRIDAY, 14 NOV 2014  |  NEWS
... growing awareness of water management, as evidenced by progress on indicators including water risk monitoring and management, board oversight, target setting, investment and recognition of potential opportunities. CDP also found there is a "growing consensus" ...

CEFC allocates more than AU$930m in first full year

RACHEL ALEMBAKIS  |  FRIDAY, 7 NOV 2014  |  NEWS
... lifetime, which is 3.5% above the benchmark cost of the Australian government five-year bond rate, noted Jillian Broadbent, CEFC board chair, in her report. Over its lifetime, the CEFC's current portfolio is presently expected to earn a return of approximately ...

GRI to implement new governance structure

RACHEL ALEMBAKIS  |  FRIDAY, 7 NOV 2014  |  NEWS
... Initiative (GRI) will adopt a new governance structure from January 2015 that will include the Global Sustainability Standards Board (GGSB), which will develop and approve sustainability reporting standards. As part of the new governance structure, GRI ...

CDSB publishes final draft of expanded framework

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 NOV 2014  |  NEWS
The Climate Disclosure Standards Board (CDSB) has released the final draft of its expanded reporting framework. The new CDSB framework will be launched in March 2015. This second, draft version of the standard incorporates comment provided to the initial ...

bankmecu MD discusses integrated reporting implementation

RACHEL ALEMBAKIS  |  FRIDAY, 31 OCT 2014  |  NEWS
Companies and multilateral banking institutions are considering the role that Integrated Reporting (IR) can play in enhancing transparency and financial stability, with bankmecu's managing director participating in a panel discussion on the topic at ...

Governance Institute of Australia questions shareholder primacy

RACHEL ALEMBAKIS  |  FRIDAY, 24 OCT 2014  |  NEWS
... different perspective as well," Fox said. "Certainly yes, shorter term traders have a different focus. It brings it back to the board room that there is a very delicate balance for directors. Nowhere in corporations law does it say that directors have ...

Impact Investing Australia hires Daniel Madhavan

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 OCT 2014  |  NEWS
... remove barriers to the impact investing market. Impact Investing Australia is working to deliver the Australian Advisory Board on Impact Investing's breakthrough strategy, ' Delivering on Impact ', launched in September and auspices Australia's participation ...

APRA adds materiality to trustees' risk management declaration

RACHEL ALEMBAKIS  |  FRIDAY, 17 OCT 2014  |  NEWS
... Australian Prudential Regulation Authority (APRA) has informed superannuation fund trustees that materiality is part of the board's risk management declaration, widening the scope of risks that trustees must disclose to the prudential regulator. Dr Ulysses ...