Investors weigh environmental, social risks of coal seam gasBY RACHEL ALEMBAKIS | FRIDAY, 4 NOV 2011 7:03AMThe mining of coal seam gas has never been more prominent in Australia, and institutional investors are weighing the environmental, social and political risks of being invested in companies with exposures to coal seam gas operations. While there are potential financial returns for projects mining natural gas from coal seam pockets in New South Wales and Queensland, institutional investors with long term time horizons have to balance those returns against the environmental risks of the mining process, particularly to water supplies, the risk of new and more costly regulation, and the social and reputational risks that come as stakeholders raise objections to coal seam gas. Related News |
Editor's Choice
Govt moves timetable on power station closure
Last week the NSW government delayed closure of the Eraring Power Station, back-pedaling on a previous decision to close it next year.
Super funds to solve the housing crisis?
Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty said at the Australian Shareholders' Association Conference yesterday that addressing the supply side of the housing crisis requires an infusion of private capital.
Standards boards unite for global rollout
The International Financial Reporting Standards (IFRS) Foundation is working with the Global Reporting Initiative (GRI) to make their standards more compatible.
The 50 most influential ESG corporate professionals in Australia named
The 50 most influential ESG professionals working at ASX-listed companies have been named by trade publication FS Sustainability in the 2024 ESG Power50 guide.