Social

Global Reporting Initiative G4 draft out for public comment

RACHEL ALEMBAKIS  |  FRIDAY, 6 JUL 2012  |  NEWS
The Global Reporting Initiative (GRI) has published an exposure draft of the new G4 framework, and has opened it up for public feedback.

Women make gains on corporate boards

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUN 2012  |  NEWS
The percentage of women on ASX200 boards has risen to 13.9%, but it is the state-owned corporations of Queensland and South Australia that have the highest representation of women on boards, with 38.4% and 49.1%, respectively, according to the latest ...

SEFA selects Queensland social enterprise for first loan

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUN 2012  |  NEWS
Social Enterprise Finance Australia (SEFA) has made its first loan to a Queensland social enterprise that will provide accommodation to people in Cairns and Indigenous people from Cape York who travel to Cairns for health services.

ACSI may name companies with poor sustainability disclosure

RACHEL ALEMBAKIS  |  FRIDAY, 15 JUN 2012  |  NEWS
The vast majority of ASX200 companies do not provide a sufficient level of disclosure on sustainability risk and disclosure "continues to be of questionable quality," according to research from the Australian Council of Superannuation Investors (ACSI).

Corporate sustainability commitments rise, CSR action lags

RACHEL ALEMBAKIS  |  FRIDAY, 8 JUN 2012  |  NEWS
More than 1800 companies joined the UN Global Compact in 2011, a 54% increase over 2010 growth figures, but an annual survey showed that while signatories are building environmental and social factors into strategies and policies, there are wide gaps ...

Banks' plans address Indigenous hiring, financial exclusion

RACHEL ALEMBAKIS  |  FRIDAY, 1 JUN 2012  |  NEWS
All four of the largest banks in Australia have set formal targets and policies to increase employment of Indigenous Australians, engage with Indigenous communities, and increase Indigenous access to financial products and services. Representatives from ...

Disruptive innovation, ESG factors pose media sector risk

RACHEL ALEMBAKIS  |  FRIDAY, 25 MAY 2012  |  NEWS
Listed media companies are impacted by ethical and governance issues as well as industry-wide disruptive innovations, and investors should research carefully to avoid potential value traps, according to AMP Capital.

Perpetual to extend ESG dashboard to fixed income space

RACHEL ALEMBAKIS  |  FRIDAY, 18 MAY 2012  |  NEWS
Investment manager Perpetual will continue to roll out its dashboard report approach to embedding environmental, social and governance (ESG) considerations into investment decisions, including further reports on its universe of equities and preparing ...

Skills shortage in oil and gas sector a material ESG risk

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAY 2012  |  NEWS
Oil and gas companies are exposed to skills shortages in their workforce, and that exposure and companies' strategic responses pose risks to health and safety, to the environment, and to capital expenditure projects for exploration and production, according ...

SAP: sustainability for innovation as well as cost reduction

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 MAY 2012  |  NEWS
SAP, the business management software provider, has integrated sustainability metrics into its corporate strategy for both internal cost reductions and as a source of corporate innovation, using a stakeholder body of executives and customers to gather ...