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Finsia: ESG consistent with superannuation fiduciary duties

RACHEL ALEMBAKIS  |  FRIDAY, 3 FEB 2012  |  NEWS
Integrating environmental, social and governance (ESG) factors into investment processes is "entirely consistent" with the fiduciary duties of superannuation trustees, the Financial Services Institute of Australasia (Finsia) said in a newly published ...

Henry Davis York reports increase in pro bono, energy and travel

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 FEB 2012  |  NEWS
Law firm Henry Davis York reported a 17% increase in the firm's contribution to pro bono hours and the extension of an existing partner development program to include administrative and management staff, but also disclosed increases in purchased energy ...

MSCI launches ESG ratings for sovereign bonds

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 FEB 2012  |  NEWS
MSCI has launched a sovereign ratings tool designed to identify a country's exposure to and management of environmental, social, and governance (ESG) risk factors.

Global Reporting Initiative publishes events sector guidance

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 JAN 2012  |  NEWS
The Global Reporting Initiative (GRI) has published a new guidance for the events sector to increase the relevance of reporting on issues including greenhouse gas emissions, waste, attendee travel, event legacy, and initiatives taken at an event to promote ...

ESG investment analysis - answering the "so-what" question

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2012  |  NEWS
Fund management professionals say that the continuing quest to demonstrate the tangible costs and benefits of integrating environmental, social and governance (ESG) factors into portfolio valuations will be a dominant theme for 2012, along with continued ...

Companies testing labour, human rights supply chain standards

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2012  |  NEWS
Nine companies have begun testing a set of key performance indicators (KPIs) assessing operational and reputational risks associated with labour and human rights factors in corporate supply chains. The KPIs have been developed with the Fair Labor Association ...

KPMG: companies should review anti-corruption policies

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 JAN 2012  |  NEWS
Companies with international operations will need to review their anti-corruption and anti-bribery policies if the Australian government removes the "facilitation payments" defence from laws.

GRI establishing working groups for G4

RACHEL ALEMBAKIS  |  FRIDAY, 13 JAN 2012  |  NEWS
Global Reporting Initiative (GRI) is continuing to set up working groups for the development of the G4 next generation reporting guidelines.

Climate change, human rights, social justice top 2012 agenda

RACHEL ALEMBAKIS  |  FRIDAY, 6 JAN 2012  |  NEWS
The introduction of the carbon pricing regime will be one of the top priorities for companies and investors in 2012, with a concurrent interest in increased investment in assets to mitigate and adapt climate change, according to sustainability professionals.

ETI to focus on collaborative supply chain initiatives

RACHEL ALEMBAKIS  |  FRIDAY, 6 JAN 2012  |  NEWS
Ethical Trading Initiative (ETI) will increase its focus on collaborative work in three broad product categories - food and farming, hard goods and household, and apparel and textiles, the group said.