Corporate Strategy

Using water accounting to measure, manage financial risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 JUL 2012  |  NEWS
The development of an Australian water accounting standard means that companies will be able to provide disclosure about water rights and obligations in a financially meaningful fashion, at a time when Australian companies are coming under scrutiny for ...

Companies, investors prepared for carbon price launch

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUN 2012  |  NEWS
Ahead of this weekend's launch of the carbon pricing mechanism, investors and corporate advisors say that they are confident that liable companies are aware of their exposures and have plans to manage costs for the first stage of the carbon pricing period.

CDP: water a substantial risk to ASX100 companies

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUN 2012  |  NEWS
More than two thirds of 22 ASX100 water-sensitive companies responding to a Carbon Disclosure Project (CDP) request for disclosure on water management identify water as a substantial risk to business, but only 55% report board-level oversight of water-related ...

British government to mandate LSE greenhouse gas disclosure

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUN 2012  |  NEWS
Companies listed on the London Stock Exchange's main market will have to disclose their greenhouse gas emissions from 2013, British Deputy Prime Minister Nick Clegg has announced.

Women make gains on corporate boards

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUN 2012  |  NEWS
The percentage of women on ASX200 boards has risen to 13.9%, but it is the state-owned corporations of Queensland and South Australia that have the highest representation of women on boards, with 38.4% and 49.1%, respectively, according to the latest ...

Countries join to push sustainability reporting post Rio+20

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUN 2012  |  NEWS
The governments of Brazil, Denmark, France and South Africa have joined in an initiative to commit to corporate sustainability reporting, in support of paragraph 47 of the UN Conference on Sustainable Development's outcome document.

IIRC to publish integrated reporting framework in 2013

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUN 2012  |  NEWS
The International Integrated Reporting Council (IIRC) will focus on four main themes in developing its integrated reporting framework - the definition of integrated reporting, its target audience, the concept of value and the timing of the framework's ...

GRI Focal Point's local angle to sustainability disclosure

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JUN 2012  |  NEWS
The Australian Focal Point of the Global Reporting Initiative is mirroring work at the international level to have language put into the Rio+20 outcomes documents calling for listed and large private companies around the world to put sustainability information ...

Corporate sustainability commitments rise, CSR action lags

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUN 2012  |  NEWS
More than 1800 companies joined the UN Global Compact in 2011, a 54% increase over 2010 growth figures, but an annual survey showed that while signatories are building environmental and social factors into strategies and policies, there are wide gaps ...

Banks' plans address Indigenous hiring, financial exclusion

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUN 2012  |  NEWS
All four of the largest banks in Australia have set formal targets and policies to increase employment of Indigenous Australians, engage with Indigenous communities, and increase Indigenous access to financial products and services. Representatives from ...