Social

NAB partners to launch Victorian microfinance retail hubs

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2012  |  NEWS
NAB, Good Shepherd Microfinance and the Victorian state government have launched an AU$7.8m retail project to provide access to microfinance products, financial counselling and other services to financially excluded people in Victoria.

bankmecu, Foresters Community Finance partner on loan scheme

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2012  |  NEWS
bankmecu and Foresters Community Finance, in conjunction with the Victorian government, have entered into a partnership by which the bank will provide loans to help community based organisations buy their own property.

LGS audit finds ASX has higher carbon, lower ESG risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 MAY 2012  |  NEWS
Local Government Super (LGS) has conducted a carbon and ESG audit of its equity portfolios and found that while domestic Australian equities are more carbon intensive, they have a lower ESG risk than international peers.

Centre for Social Responsibility in Mining names director

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 MAY 2012  |  NEWS
Saleem Ali has been appointed director to the Centre for Social Responsibility in Mining (CSRM), which is part of the Sustainable Minerals Institute (SMI) at the University of Queensland.

International human rights law impacts Australian companies

RACHEL ALEMBAKIS  |  FRIDAY, 13 APR 2012  |  NEWS
Australian companies are exposed to risks stemming from human rights issues, and should be aware of international laws and frameworks creating obligations or pressure to set, implement and monitor human rights policies.

New South Wales announces first social benefit bond

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAR 2012  |  NEWS
Westpac Group, Commonwealth Bank of Australia and the Benevolent Society have been selected by the New South Wales (NSW) government to trial an AU$10m social benefit bond - a financing vehicle that will fund a program to assist at-risk families.

Q&A with James Gifford, executive director of the UNPRI

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2012  |  NEWS
James Gifford is the executive director of the UNPRI. He is currently in Australia and met with The Sustainability Report to talk about PRI's progress, its future plans, the challenges to implementing responsible investment (RI,) and how PRI can assist ...

UNPRI writes letter to UNGC leaders and laggards

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2012  |  NEWS
A coalition of investors from 12 countries, including Statewide Super and New Zealand Superannuation Fund, have contacted 118 UN Global Compact (UNGC) companies on the issue of increased reporting on environmental, social and governance activities.

GPT Group reports 2011 reductions in waste, energy and water

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 MAR 2012  |  NEWS
GPT Group reported reductions in energy and water consumption as well as reductions in staff turnover and employee injuries, against a backdrop of realised operating income of AU$438.8m and net profit after tax of AU$246.2m, down from AU$707.3m in 2010.

Publish What You Pay campaigns for payments transparency

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 MAR 2012  |  NEWS
Publish What You Pay (PWYP) Australia, a multi-party organisation made up of human rights, aid, faith-based and environmental organisations, is pressing for regulatory changes that will cause oil, gas and mining companies to disclose payments made to ...