Governance

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 ...

Norton Rose launches clean energy law service

RACHEL ALEMBAKIS  |  FRIDAY, 1 FEB 2013  |  NEWS
Legal practice Norton Rose has launched Clean Energy Law in Australia, an online subscription service that provides commentary on commonwealth laws covering the clean energy industry.

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 ...

Climate Change Authority backs Renewable Energy Target

RACHEL ALEMBAKIS  |  FRIDAY, 21 DEC 2012  |  NEWS
The Climate Change Authority (CCA) has recommended that the government retain its renewable energy target (RET), which aims to source 20% of Australia's energy from renewable sources by 2020, a decision that has been welcomed as providing stability to ...

Mercer study to investigate shareholder loyalty rewards

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 DEC 2012  |  NEWS
Mercer, Stikeman Elliott LP and the Generation Foundation are investigating the concept of loyalty rewards, instruments designed to reward corporate shareholders for retaining their shares over a longer time period.

More women appointed to ASX200 boards

RACHEL ALEMBAKIS  |  FRIDAY, 7 DEC 2012  |  NEWS
ASX200 companies are continuing to appoint more women to boards, leading to more diversity in age as well as in gender, according to the Australian Institute of Company Directors (AICD).

Boards increasing engagement on remuneration reports

RACHEL ALEMBAKIS  |  FRIDAY, 16 NOV 2012  |  NEWS
Boards of listed companies are continuing to increase the amount of time they spend engaging with investors, particularly around executive remuneration issues, said Amanda Wilson, Regnan managing director.

Wesfarmers publishes 2012 sustainability report

RACHEL ALEMBAKIS  |  FRIDAY, 26 OCT 2012  |  NEWS
Wesfarmers reported decreases in greenhouse gas emissions and energy use, and a fall in lost time injury frequency rate, as well as increases in water consumption and declines in community contributions in its 2012 sustainability report.

Operational changes needed to strengthen AGM voting: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 19 OCT 2012  |  NEWS
Participants in the Australian institutional proxy voting system need to reform operational processes to prevent potential errors, according to a study released today by the Australian Council of Superannuation Investors (ACSI).

Omega: governance measurements reduce bond portfolio risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 OCT 2012  |  NEWS
Analysing a country's willingness to repay bond debt as a governance measure is a useful metric for improving a bond portfolio's risk profile, according to research from fixed income manager Omega Global Investors.