There is growing acceptance that Australian companies should report ESG factors to their shareholders, and a call by stakeholders for greater depth and clarity in…
Fund Management
Australian companies asked to disclose water exposure
Australian institutional investors have for the first time asked 60 publicly listed companies to disclose their water exposure, but are not yet convinced that exposure…
Mercer expands ESG consulting capability
Mercer has hired Dr. Richard Fuller to its investment consulting division, enhancing its ESG capabilities for clients. Fuller joins Mercer from HESTA Super Fund…
ANZ targets 40 percent women managers by September
ANZ Bank has committed to increasing the number of women in management positions to 40 percent by the end of September as part of increasing…
“Steady but modest” increase in number of women directors
The number of women appointed to corporate directorships in Australia has increased from 8.9 percent of total positions in 2009 to 10.9 percent in 2011,…
Government introduces carbon emission pricing plan
The government has introduced legislation that will start pricing carbon emissions from July 2012. The two-stage plan, negotiated with the Green Party, will begin with…
“Two Strikes” policy for directors over executive remuneration
Australian shareholders will have the right to a “two strikes and you’re out” test to remove directors if a company’s remuneration report has received a…
Climate change a portfolio risk: Mercer
The impacts of climate change and lack of international policy coordination could cost institutional investors trillions of dollars over coming decades, with Australia potentially being…
MSCI developing global Socially Responsible Indices
MSCI will consult with the investment community on the construction MSCI Globally Socially Responsible Indices. The proposed indices would “aim to support the benchmarking and…
Carbon and Water Increasingly Important to Institutional Investors
Institutional investors are increasingly concerned with how listed companies manage water and carbon emissions, according to the Carbon Disclosure Project (CDP). A record number of…