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Highlights of a year in The Sustainability Report

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 JAN 2012  |  NEWS
2012 is set to be another full year for sustainability and environmental, social and governance considerations, including events like the Rio+20 United Nations Conference on Sustainable Development in June, we look back at the topics that stirred interest ...

Durban agreements to impact Australia's ETS

RACHEL ALEMBAKIS  |  FRIDAY, 16 DEC 2011  |  NEWS
Although the multi-country climate change talks in Durban failed to yield a comprehensive treaty, the 17th Conference of the Parties (COP17) to the United Nations Framework Convention on Climate Change (UNFCCC) did result in extensions to programs that ...

Carbon Farming Initiative welcomed, more work to come

RACHEL ALEMBAKIS  |  FRIDAY, 16 DEC 2011  |  NEWS
The launch of the Carbon Farming Initiative brings opportunities for landholders to generate tradeable carbon credits from carbon abatement and sequestration activities. At the moment, the CFI only recognises three procedures to generating carbon credits ...

CSL reports new anti-corruption policy, lower emissions

RACHEL ALEMBAKIS  |  FRIDAY, 16 DEC 2011  |  NEWS
Biopharmaceutical company CSL adopted a new anti-bribery and anti-corruption policy, lowered lost time injury frequency rates (LTIFR) by 30% and lowered energy consumption, greenhouse gas and waste intensity per unit of vaccine and plasma production ...

NAB endorses natural capital declaration

RACHEL ALEMBAKIS  |  FRIDAY, 16 DEC 2011  |  NEWS
National Australia Bank and Rabobank are the first two banks to endorse a financial sector declaration to address the use of natural capital by businesses. NAB has become a signatory of the Natural Capital Declaration, which affirms the importance of ...

Use of renewable energy to grow by 6% a year to 2035

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 DEC 2011  |  NEWS
The use of renewable energy resources in electricity generation is expected to grow at 6% per year between now and 2035, according to Professor Quentin Grafton, executive director and chief economist of the Bureau of Resources and Energy Economics (BREE). ...

Sunshine Coast TAFE certified carbon neutral

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 DEC 2011  |  NEWS
Low Carbon Australia has announced Sunshine Coast TAFE (SCT) as the country's first educational institution in to be certified under its Carbon Neutral Program. SCT TAFE has achieved a 12% energy cost reduction and a 7 % overall energy consumption reduction ...

Wesfarmers recognised at Australian Sustainability Awards

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 DEC 2011  |  NEWS
Wesfarmers has been named the Australian Sustainability Award 2011 Company of the Year. Wesfarmers was given the award because of its responsiveness to "engagement on issues of concern to the ethical investment sector," according to Ethical Investor ...

Environmental Upgrade Agreements vehicle for green investment

RACHEL ALEMBAKIS  |  FRIDAY, 9 DEC 2011  |  NEWS
Environmental Upgrade Agreements (EUAs), a new category of tri-partite lending vehicles, have been created for use in commercial buildings in New South Wales and the City of Melbourne. EUAs provide longer term, fixed rate debt facilities for owners ...

Reports critique ASX companies' supply chain disclosures

RACHEL ALEMBAKIS  |  FRIDAY, 9 DEC 2011  |  NEWS
The social and environmental supply chain policies and disclosures of ASX-listed companies has come under renewed scrutiny, with Net Balance concluding ASX100 companies do not uniformly disclose those supply chain impacts, and the Australian Council ...