Corporate Strategy

ACCSR reports on state of corporate social responsibility

RACHEL ALEMBAKIS  |  FRIDAY, 15 FEB 2013  |  NEWS
Lack of organisational buy-in or commitment to corporate social responsibility (CSR) is the greatest single obstacle to its success, according to the Australian Centre for Corporate Social Responsibility (ACCSR)'s annual review.

IIRC, IASB agree to more cooperation on reporting standards

RACHEL ALEMBAKIS  |  FRIDAY, 15 FEB 2013  |  NEWS
The International Accounting Standards Board (IASB) and the International Integrated Reporting Council (IIRC) have signed an agreement that will see the two cooperate more deeply in the development of the integrated corporate reporting framework.

KPMG: fraud costs Australian/NZ businesses $373 million

RACHEL ALEMBAKIS  |  FRIDAY, 8 FEB 2013  |  NEWS
Australian and New Zealand organisations have lost an estimated AU$373 million due to fraud in the last two years, but only 15% of organisations surveyed by KPMG see fraud as a key risk.

GNDI: encourage board diversity, but not by quotas

RACHEL ALEMBAKIS  |  FRIDAY, 8 FEB 2013  |  NEWS
A diverse corporate board can have a significant, positive impact on business outcomes, but mandatory quotas are not the most effective way to improve board diversity, according to a joint policy paper issued by the Global Network of Director Institutes ...

ACCSR focus on responsible leadership in conference, report

RACHEL ALEMBAKIS  |  FRIDAY, 1 FEB 2013  |  NEWS
As companies integrate corporate social responsibility (CSR) into their business strategies, the Australian Centre for Corporate Social Responsibility (ACCSR) is analysing responsible leadership in its forthcoming annual conference and report into the ...

Drive to push corporate communication of ESG materiality

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 JAN 2013  |  NEWS
Companies need to develop and implement new strategies to uncover and communicate how environmental, social and governance (ESG) factors are material to business performance, and investors need to ask companies questions on material ESG factors during ...

70% of suppliers see climate change as supply chain risk

RACHEL ALEMBAKIS  |  FRIDAY, 25 JAN 2013  |  NEWS
More company suppliers than ever have identified current or future climate changes risks to their global supply chains, but only 28% of suppliers report having a target for emissions reductions.

Australian companies awarded gold in sustainability yearbook

RACHEL ALEMBAKIS  |  FRIDAY, 25 JAN 2013  |  NEWS
Four Australian companies were ranked as gold award winners for sustainable business, according to The Sustainability Yearbook 2013, published by RobecoSAM and KPMG International.

Net Balance certified as a B Corporation

RACHEL ALEMBAKIS  |  FRIDAY, 18 JAN 2013  |  NEWS
Consultancy Net Balance has been certified as a B Corporation, an international process that assesses a company's impact against a set of social and environmental performance standards.

ANZ discloses ESG metrics in 2012 shareholder review

RACHEL ALEMBAKIS  |  FRIDAY, 18 JAN 2013  |  NEWS
ANZ Bank reported 70% employee engagement, AU$14.9 million in community investment and management of environmental, social and reputational risks as key non-financial indicators in its 2012 shareholder review.