Guide to assist financial sector in Modern Slavery risk management

RACHEL ALEMBAKIS  |  THURSDAY, 25 FEB 2021  |  NEWS
The financial services industry faces broad exposures to modern slavery and broader human rights risks due to its links to all industries around the world, requiring institutions to take a rigorous and systematic approach to assessing risks, according ...

Aware expands affordable housing portfolio

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021  |  NEWS
Aware Super continues to build its affordable housing portfolio with the addition of a new development in Greater Western Sydney.

Social premium on the rise: Federated Hermes

RACHEL ALEMBAKIS  |  THURSDAY, 4 FEB 2021  |  NEWS
Listed companies with good or improving performance on social factors can outperform companies with poor performance by up to 17 basis points, according to research from Federated Hermes.

SSGA to use proxy vote over ethnic, racial diversity

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JAN 2021  |  NEWS
Racial and ethnic inequity is a systemic risk that "threatens lives, companies, communities, and our economy," according to one of the largest global fund managers.

Stakeholders mull impact of Rio Tinto report

RACHEL ALEMBAKIS  |  FRIDAY, 18 DEC 2020  |  NEWS
Traditional owners, investors and civil society are considering the recommendations in a governmental interim report on Rio Tinto's destruction of the Juukan Gorge sacred sites.

Vellum Funds Management builds property with NDIS units

RACHEL ALEMBAKIS  |  THURSDAY, 10 DEC 2020  |  NEWS
Vellum Funds Management has broken ground on a $78 million property development in Sydney that will feature a mix of commercial space and residential apartments including 10 NDIS units and a carers unit.

Victorian social housing commitment potential opportunity for impact investment

RACHEL ALEMBAKIS  |  THURSDAY, 19 NOV 2020  |  NEWS
The Victorian state government has committed $5.3 billion to build social and community housing over the next four years, a move that could catalyse impact investment in social and affordable housing.

Fashion industry shows action, gaps in ethical sourcing: Baptist World Aid

RACHEL ALEMBAKIS  |  FRIDAY, 30 OCT 2020  |  NEWS
More than 70% of global fashion brands around the world could demonstrate at "at least some deliberate positive action" to support vulnerable workers during the COVID-19 pandemic, according to Baptist World Aid

Class linked to experience of inclusion at work: DCA

RACHEL ALEMBAKIS  |  FRIDAY, 30 OCT 2020  |  NEWS
People who self-identified as coming from lower class backgrounds experience more exclusion, discrimination and harassment at work than people from higher classes, according to research from Diversity Council Australia (DCA).

First Sentier publishes Modern Slavery Statement

RACHEL ALEMBAKIS  |  THURSDAY, 22 OCT 2020  |  NEWS
First Sentier Investors (FSI) has issued its Modern Slavery Statement, which it calls a "high level" approach to identifying sources of risk and remedies.