Corporate Strategy

GRI and ISO agree to closer collaboration

RACHEL ALEMBAKIS  |  FRIDAY, 9 SEP 2011  |  NEWS
The International Organization for Standardization (ISO), the world's largest developer of voluntary international standards, and the Global Reporting Initiative (GRI), developer of the world's most widely used sustainability reporting framework, have ...

ASX100 CEO pay increases faster than stock value

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 SEP 2011  |  NEWS
The salaries of ASX100 CEOs increased 131% and the median bonus increased 190% in the first decade of this century, while the stock value of the same ASX100 companies only increased 31%, according to research by the Australian Council of Superannuation ...

Fuji Xerox Australia reports waste reduction, increase in injury rates

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 SEP 2011  |  NEWS
Fuji Xerox Australia reported a 41% reduction in waste to landfill and announced that it would move its Eco Manufacturing Centre to a five-star Green star rated facility in Sydney in its sustainability report for the 2010/2011financial year. However ...

Metcash drop paper supplier over Indonesian foresting concerns

RACHEL ALEMBAKIS  |  FRIDAY, 2 SEP 2011  |  NEWS
Wholesale distribution and marketing company Metcash has tested its newly implemented sustainable supply chain management program by dropping Solaris Paper because of concerns its parent company Asia Pulp and Paper is foresting in Indonesian native forests ...

Carbon Farming Initiative offers landholders revenue opportunities

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 AUG 2011  |  NEWS
The Carbon Farming Initiative (CFI) will provide opportunities for landholders to generate tradeable carbon credits from carbon abatement and sequestration activities. But while landholders across Australian industrial sectors potentially stand to offset ...

Skilled labour shortage potentially increases corporate risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 AUG 2011  |  NEWS
A shortage in skilled labour in a number of Australian industry sectors means that companies' human capital management (HCM) programmes are an important component in risk management, according to a report by Regnan Governance Research.

Disclosing sustainability risks, engaging stakeholders vital to corporate interests

RACHEL ALEMBAKIS  |  FRIDAY, 26 AUG 2011  |  NEWS
Although the growing acceptance of reporting frameworks such as the Global Reporting Initiative (GRI) is spurring strategic thinking about disclosing and managing sustainability risks, companies and other organizations need to do more, including setting ...

DEXUS appoint Tonianne Dwyer independent director

RACHEL ALEMBAKIS  |  FRIDAY, 26 AUG 2011  |  NEWS
DEXUS Property Group has appointed Tonianne Dwyer as an independent director.

Mirvac Group net profit up 30%, increased energy savings

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 AUG 2011  |  NEWS
Mirvac Group reported operating net profit after tax had increased 30.2% to AU$358.5m for the 2010/2011 financial year, with statutory net profit down by 22.3% to AU$182.3m and operating earnings per stapled security up 13.7% to 10.5 cents, in line with ...

R. M. Williams Agricultural Holdings to fund NT property conservation with carbon rights

RACHEL ALEMBAKIS  |  FRIDAY, 19 AUG 2011  |  NEWS
R. M. Williams Agricultural Holdings (RMWAH) has purchased a AU$13m pastoral property in the Northern Territory with the goal of funding the restoration and conservation of land through the sale of carbon rights and bio-diversity values.