Social

EY issues call to action to companies over social license to operate

RACHEL ALEMBAKIS  |  FRIDAY, 18 NOV 2016  |  NEWS
EY has challenged Australian companies to take a hard look at whether they are maintaining their social license to operate or if they are running a "corporate trust deficit."

Cash Converters to pay more than $12 million after ASIC investigation

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2016  |  NEWS
Payday lender Cash Converters will refund AU$10.8 million to consumers and has paid an AU$1.35 million penalty after an investigation by the Australian Securities and Investments Commission (ASIC).

Fast fashion industry facing sustainability "inflection point": Ausbil

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2016  |  NEWS
Fast fashion garment brands globally as well as in Australia are facing a potential "inflection point" to their business model, with pressures from increased labour and environmental costs predicted to impact on how companies access factories overseas ...

UCA Funds Management adds Nine Entertainment Company to exclusions

RACHEL ALEMBAKIS  |  FRIDAY, 23 SEP 2016  |  NEWS
UCA Funds Management has added Nine Entertainment Company to its list of excluded companies due to its "market leading position in attracting advertising revenue from the gambling industry."

Emerald Wrap, Impact 20/80 form impact investing partnership

RACHEL ALEMBAKIS  |  FRIDAY, 16 SEP 2016  |  NEWS
The Emerald Wrap, Australia's first dedicated responsible investment wrap platform, has entered into a partnership with Impact 20/80 to promote socially responsible impact investments.

Not for Podcast: Discrediting Online Gambling

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 AUG 2016  |  NEWS
Australians are the biggest gamblers in the world, losing more money per adult on gambling than any other developed country.

Newpin Social Benefit Bond returns 12.15% in third year

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 AUG 2016  |  NEWS
The Newpin Social Benefit Bond (Newpin SBB) has completed its third year, restoring 130 children in care to their families, and paying investors a return of 12.15% pa.

Victorian government chooses programs for social impact bonds

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUL 2016  |  NEWS
The Victorian state government will fund programs dealing with drug and alcohol treatment and young people transitioning from Out of Home Care as the focus of its first two social impact bonds (SIBs).

NAB finances third NSW social impact investment

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2016  |  NEWS
National Australia Bank will finance a New South Wales social impact investment to fund a program to reduce recidivism by parolees in that state.

Mirvac partners with YWCA NSW for social enterprise HQ cafe

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUL 2016  |  NEWS
Mirvac has partnered with YWCA NSW to open a social enterprise cafe and catering service in Mirvac's newly completed Sydney headquarters.