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NAB Asset Servicing developing ESG overlay tool

RACHEL ALEMBAKIS  |  FRIDAY, 21 DEC 2012  |  NEWS
National Australia Bank's custody and administration division is in the process of developing a responsible investment overlay tool that will provide superannuation fund trustees with a monthly report on the environmental, social and governance exposures ...

Low Carbon Australia finances $11m pilot energy project

RACHEL ALEMBAKIS  |  FRIDAY, 14 DEC 2012  |  NEWS
Low Carbon Australia is providing financing for an AU$11m pilot energy project in regional Victoria that will potentially improve power security during peak demand through providing lower-emissions power generation. Site of NovaPower's energy project ...

In 2040, when growth is a memory: Josh Dowse

JOSH DOWSE  |  FRIDAY, 14 DEC 2012  |  NEWS
George Monbiot doesn't hold back, and says it well. It's Christmas, and littering the family bonding and office pre-drinking are the trinkets of vacuous imagination. I can't do better than quote[1] him. After first reminding us that 99% of everything ...

Will sustainability survive the end of the boom?

JOSH DOWSE  |  FRIDAY, 7 DEC 2012  |  NEWS
Editor's Note: The Sustainability Report is pleased to present this column from Josh Dowse. Josh is principal of Dowse CSP, a sustainability/ESG advisory firm, has worked on ESG, sustainability and communication issues with McKinsey & Company and Macquarie ...

One third of ASX100 companies assure sustainability reports

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 NOV 2012  |  NEWS
Only 30 ASX100 companies in 2011 had their sustainability reporting assured by independent third parties, in line with global trends, according to research from the Association of Chartered Certified Accountants (ACCA) and the Net Balance Foundation. ...

Oliver Yates named CEO of Clean Energy Finance Corporation

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 NOV 2012  |  NEWS
Oliver Yates will be the inaugural chief executive officer of the Clean Energy Finance Corporation (CEFC). Yates, who began his job this week, will be responsible for day-to-day operations with the CEFC and will be responsible for the employment of ...

Investment in programs for Aboriginal women and girls needed

RACHEL ALEMBAKIS  |  FRIDAY, 23 NOV 2012  |  NEWS
Programs that assist Aboriginal women and girls can have a multiplier effect through the wider community because women act as catalysts for social change according to a report examining approaches for philanthropic investment. The AMP Foundation report ...

ANZ creates hydroelectric power policy for lending

RACHEL ALEMBAKIS  |  FRIDAY, 16 NOV 2012  |  NEWS
ANZ Bank has created a hydroelectric power policy so that the bank can align its lending practices with best practices regarding issues such as water quality and working with communities that might be impacted by infrastructure development. The bank ...

Fewer ASX companies see carbon price as a business risk

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2012  |  NEWS
There has been a 12% drop in the number of listed Australian companies identifying a carbon price as a business risk, indicating their increasing comfort with the pricing regime, according to the Carbon Disclosure Project 's Australia and New Zealand ...

Ernst & Young: go beyond carbon price implementation

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2012  |  NEWS
Companies should be assessing the full range of strategic options of response to the carbon pricing mechanism, and not doing so is as risky as doing nothing at all, according to a new Ernst & Young report. Many businesses have implemented the processes ...