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Global sustainable investments rise to US$21.4tr: GSIA

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 FEB 2015  |  NEWS
The global sustainable market now stands at US$21.4 trillion, a growth of 61% since 2012, according to the Global Sustainable Investment Review (GSIR) 2014. Simon O'Connor, RIAA CEO The GSIR 2014 is the second report into the size and characteristics ...

Assessing likely process, impacts of first ERF auction

RACHEL ALEMBAKIS  |  FRIDAY, 20 FEB 2015  |  NEWS
The Clean Energy Regulator has announced that the first Emissions Reduction Fund (ERF) auction will take place on 15 April, and experts say the participants will most likely be drawn from existing Carbon Farming Initiative (CFI) project owners. Jennifer ...

Gordon Hagart to leave ACSI

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 FEB 2015  |  NEWS
Ed note: Updates with comment from Gordon Hagart, ACSI Gordon Hagart is leaving his role as chief executive officer of the Australian Council of Superannuation Investors (ACSI) to return to Europe. Hagart's announcement is "unexpected and regrettable," ...

South Australia one step closer to building upgrade finance

RACHEL ALEMBAKIS  |  FRIDAY, 13 FEB 2015  |  NEWS
The government of South Australia has introduced legislation that will enact environmental upgrade finance allowing commercial property owners to access finance to retrofit buildings to improve water, waste and energy efficiency. South Australia Climate ...

NSW develops first social impact investment policy

RACHEL ALEMBAKIS  |  FRIDAY, 6 FEB 2015  |  NEWS
The New South Wales government will target bringing two new social impact investment transactions to market per year as part of a ten-point social impact investment policy announced this week. Daniel Madhavan, CEO, Impact Investing Australia NSW is ...

Westpac commits to recruiting 400 Indigenous university interns

RACHEL ALEMBAKIS  |  FRIDAY, 6 FEB 2015  |  NEWS
Westpac has committed to recruiting at least 40 Aboriginal or Torres Strait Islander university student interns annually for the next decade. Siobhan Toohill, Westpac The banking group signed a 10 year contract with CareerTrackers Indigenous Internship ...

Supply chain vulnerable to climate change risk: CDP

RACHEL ALEMBAKIS  |  FRIDAY, 30 JAN 2015  |  NEWS
Supply chains in Brazil, China, India and the United States are more vulnerable to climate change than those in Europe and Japan because of lack of preparation, according to CDP. CDP analysed suppliers from 11 countries in relation to their climate ...

CEFC finances $20m in business energy improvements

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 JAN 2015  |  NEWS
The Clean Energy Finance Corporation (CEFC) and Commonwealth Bank have financed AU$20 million in energy productivity projects for business via the Energy Efficient Loan program. Oliver Yates, Clean Energy Finance Corporation (CEFC) CEO The Energy Efficient ...

Universities "fail" on climate risk mitigation: AODP

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 JAN 2015  |  NEWS
Note: updated with comment from John Connor, The Climate Institute. Universities in Australia and around the world are doing little to mitigate exposure to climate change's financial risk, or failing to state their mitigation strategies at all, according ...

Looking ahead to sustainability trends in 2015

RACHEL ALEMBAKIS  |  FRIDAY, 23 JAN 2015  |  NEWS
With 2015 well and truly under-way, experts tell The Sustainability Report that this year, companies' sustainability considerations will be influenced by regulatory and reporting changes, while supply chain management and human rights issues will rise ...