Governance

ACSI: ASX100 boards more diverse in gender, background

RACHEL ALEMBAKIS  |  FRIDAY, 27 SEP 2013  |  NEWS
Around two-thirds of all new director appointments to ASX100 companies in 2012 went to individuals who are not currently Top 100 directors, according to research from the Australian Council of Superannuation Investors (ACSI).

PRI: ESG factors material to sovereign bond creditworthiness

RACHEL ALEMBAKIS  |  FRIDAY, 13 SEP 2013  |  NEWS
Environmental, social and governance (ESG) factors are material to sovereign creditworthiness and investment performance, according to the Principles for Responsible Investment (PRI).

Companies lag on implementing UN Global Compact

RACHEL ALEMBAKIS  |  FRIDAY, 13 SEP 2013  |  NEWS
Companies that have signed the United Nations Global Compact are making commitments in keeping with the sustainability initiative's principles, but implementation, measurement, and communication all lag behind, the initiative reports.

ACSI: Investors have confidence in ASX100 boards

RACHEL ALEMBAKIS  |  FRIDAY, 16 AUG 2013  |  NEWS
Institutional investors have a general level of confidence in the boards of ASX100 companies, believing that boards act in the interests of all shareholders and that they are competent in setting strategy, but have lower levels of confidence in boards' ...

AXA IM: board diversity an issue at EuroStoxx50 companies

RACHEL ALEMBAKIS  |  FRIDAY, 2 AUG 2013  |  NEWS
Revenue from emerging markets accounts for at least 20% of total revenue for more than half of companies in the EuroStoxx50, yet only 5.6% of board members on those companies are nationals from an emerging market, highlighting a need for increased diversity ...

IIRC CEO favours market-led adoption of Integrated Reporting

RACHEL ALEMBAKIS  |  FRIDAY, 31 MAY 2013  |  NEWS
The chief executive officer of the International Integrated Reporting Council (IIRC) says market-led adoption of the Integrated Reporting (IR) framework, not mandatory compliance, will lead to better corporate reporting.

Australia to consider country-level payment disclosures

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAY 2013  |  NEWS
The Australian government will consider whether mining companies should be made to disclose the payments they make on a country-by-country basis after evaluating the results of the Australian pilot of the Extractive Industries Transparency Initiative ...

CSA calls for "safe harbour" to encourage IR disclosures

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 MAY 2013  |  NEWS
Chartered Secretaries Australia (CSA) has called for a safe harbour provision to allow company directors to make forward-looking statements such those outlined in the Integrated Reporting (IR) framework.

National Sustainability Council issues macro-theme report

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAY 2013  |  NEWS
The National Sustainability Council has called its first public report a conversation-starter about macro-themes including inequality, education, climate change, sustainable growth through innovation and other factors impacting on Australia's future.

Publish What You Pay reexamining extractive companies

RACHEL ALEMBAKIS  |  FRIDAY, 26 APR 2013  |  NEWS
Publish What You Pay (PWYP) Australia and CAER are surveying ASX200 listed extractives companies on their reporting standards regarding payments made to governments in the countries where they operate, and are seeking views of investors and analysts ...