Less than one-fifth of board, executive positions held by women globally: Vigeo Eiris

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAR 2018  |  NEWS
Globally, less than one fifth of board and executive-level positions were held by women in 2016, according to survey of Vigeo Eiris data.

Diversity Council Australia [email protected] Index shows value of, need for inclusion

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAR 2018  |  NEWS
Research from the Diversity Council Australia (DCA) shows that while the majority of surveyed people support inclusive workplaces, men are less supportive than women of initiatives designed to improve diversity and inclusion in workplaces.

HESTA to survey investment managers for workplace gender diversity

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAR 2018  |  NEWS
HESTA is surveying 70 of its Australian and international investment managers about their workplace gender as part of their wider focus on gender diversity through its investment value chain.

Legg Mason's Western Asset removes tobacco, cluster munitions from bond funds

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAR 2018  |  NEWS
Legg Mason's fixed income affiliate Western Asset Managementwill remove investments linked to tobacco and cluster munitions from the Legg Mason Western Asset Global Bond Fund and the Legg Mason Western Asset Australian Bond Fund.

Thorn agrees to ASIC undertaking for refunds, write-offs for goods leases

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2018  |  NEWS
The Australian Securities and Investment Commission (ASIC) has announced regulatory outcomes against Thorn's consumer leasing businesses Radio Rentals, RR and Rentlo Reinvented that will see millions in dollars of refunds and write-offs of fees to consumers.

Increasing financial inclusion could yield increasing revenue to banks: EY

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2018  |  NEWS
Financial inclusion isn't just a worthy social goal for banks - it also represents potential revenue that EY estimates could be as high as US$88 billion by 2020 in the Asia Pacific region.

Victorian government launches first social impact bond

RACHEL ALEMBAKIS  |  FRIDAY, 22 DEC 2017  |  NEWS
The Victorian government has launched the state's first social impact bond (SIB), aimed at reducing chronic homelessness.

SVA Diversified Impact Fund receives more than $10m in funding

RACHEL ALEMBAKIS  |  FRIDAY, 22 DEC 2017  |  NEWS
Social Ventures Australia's recently launched SVA Diversified Impact Fund has reached first close ahead of its end-of-year deadline, and has received commitments exceeding its $10 million minimum size.

NZ Super to exclude companies in recreational cannabis industry

RACHEL ALEMBAKIS  |  FRIDAY, 22 DEC 2017  |  NEWS
The NZ$37 billion New Zealand Superannuation Fund has opted to exclude companies involved in the recreational cannabis industry, the fund has announced.

Moving towards an Australian Modern Slavery Act: what does it mean for business?

RACHEL ALEMBAKIS  |  FRIDAY, 15 DEC 2017  |  NEWS
Ed note: The Sustainability Report is pleased to present this article from Katherine Christ of the University of South Australia and Roger Burritt of the Australian National University