Governance

Global Reporting Initiative calls for G4 public comment

RACHEL ALEMBAKIS  |  FRIDAY, 18 NOV 2011  |  NEWS
The Global Reporting Initiative (GRI) has called upon organisations and individuals globally to participate in a survey that will guide the development of the next generation of its guidelines.

Elders reports increased lost time injury frequency rate

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 NOV 2011  |  NEWS
Elders, the rural services and automotive components supply company, recorded a lost time injury frequency rate (LITFR) of 6.3 for its rural services division, as compared to 5.60 to September 2010, and reported an effluent leak at one of its Victorian ...

Bradbury highlights corporate ESG reporting inconsistencies

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 NOV 2011  |  NEWS
Institutional investors will demand explanation for discrepancies between companies' nominated environmental, social and governance (ESG) principles and any divergences in practice in the way that they currently question discrepancies in financial matters ...

Global Reporting Initiative launches sustainability database

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2011  |  NEWS
The Global Reporting Initiative (GRI) has launched a new database containing information on sustainability and environmental, social and governance of more than three thousand companies worldwide.

Ownership Matters hires Marty Chung

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2011  |  NEWS
Ownership Matters (OM) has appointed Marty Chung as a senior governance analyst.

Australia to pilot Extractive Industries Transparency Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2011  |  NEWS
The Australian government has agreed to undertake a pilot of the Extractive Industries Transparency Initiative (EITI), with Foreign Minister Kevin Rudd and Resources Minister Martin Ferguson announcing that the government will provide AU$12.7m to support ...

Commonwealth Bank reports lower customer satisfaction

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 NOV 2011  |  NEWS
The Commonwealth Bank of Australia (CBA) reported a customer satisfaction rating of 75.2%, slightly lower than last year and putting the bank in 4th place against the other three main Australia banks, against a backdrop of full year net profits of AU$6.39bn.

Stockland increases green star ratings, reduces water use

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 NOV 2011  |  NEWS
Stockland, the diversified property group, has reported reducing water use across its office portfolio by 11% and its retail portfolio by 10%, commenced installing LED lights at its Stockland Nowra development and reported a 64% decrease in injury frequency ...

Using ESG factors to broaden fixed income analysis

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2011  |  NEWS
Institutional investors are looking to apply environmental, social and governance (ESG) analysis to fixed income portfolios. Investment professionals say the trend towards using ESG factors as part of the fixed income investment process is a work in ...

Governance, environmental issues for AGM season

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2011  |  NEWS
With the arrival of the annual general meeting (AGM) season, governance experts and sustainability researchers say that some issues at play this year will include executive remuneration and the processes around capital raisings, plus resolutions on environmental ...