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Australia to pilot Extractive Industries Transparency Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2011  |  NEWS
The Australian government has agreed to undertake a pilot of the Extractive Industries Transparency Initiative (EITI), with Foreign Minister Kevin Rudd and Resources Minister Martin Ferguson announcing that the government will provide AU$12.7m to support ...

Stockland increases green star ratings, reduces water use

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 NOV 2011  |  NEWS
Stockland, the diversified property group, has reported reducing water use across its office portfolio by 11% and its retail portfolio by 10%, commenced installing LED lights at its Stockland Nowra development and reported a 64% decrease in injury frequency ...

IGCC working group to engage with green finance banks

RACHEL ALEMBAKIS  |  FRIDAY, 21 OCT 2011  |  NEWS
The Investors Group on Climate Change (IGCC)'s new Low-Carbon Finance Working Group will play a stakeholder role with "green" financing institutions both domestically and overseas, consulting with the institutions being established by governments to ...

Environmental Upgrade Agreement for Melbourne property

RACHEL ALEMBAKIS  |  FRIDAY, 21 OCT 2011  |  NEWS
The City of Melbourne has signed its first-ever Environmental Upgrade Agreement (EUA) to fund a AU$400,000 retrofit of a building that will result in a reduction of approximately 170 tonnes of carbon emissions per year. The EUA was signed between the ...

Investor groups call for climate change policy action

RACHEL ALEMBAKIS  |  FRIDAY, 21 OCT 2011  |  NEWS
Three leading investor groups on climate change, including the Investor Group on Climate Change Australia/New Zealand (IGCC), have called for policy action to stimulate private sector investment into climate change solutions that can create jobs and ...

Number of women on boards climbs slowly, ACSI finds

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 OCT 2011  |  NEWS
The number of women directors in the ASX100 continued to climb slowly in 2010, accounting for 26% of new non-executive directors and 12.2% of all directors, up from 11.1% in 2009, according to research by the Australian Council of Superannuation Investors ...

Jillian Broadbent to chair Clean Energy Finance Corp panel

RACHEL ALEMBAKIS  |  FRIDAY, 14 OCT 2011  |  NEWS
The Gillard government has created an expert review panel to advise on the design of the AU$10bn Clean Energy Finance Corporation (CEFC), which is expected to commence operations from 2013-2014. Jillian Broadbent, a board member of the Reserve Bank ...

Business, investors get certainty as carbon package passes

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 OCT 2011  |  NEWS
The passage of the government's Clean Energy Future Legislation by the lower house of Parliament on Wednesday means businesses and investors have certainty around the carbon pricing regime and can plan accordingly for launch on 1 July 2012. Grant Anderson ...

ASX500 companies increase number of women on boards

RACHEL ALEMBAKIS  |  FRIDAY, 7 OCT 2011  |  NEWS
An analysis of ASX500 companies shows that there are 235 women holding 307 directorship positions, and 233 companies have at least one woman on board. The research note authored by the Reibey Institute noted that women hold 9.5% of ASX500 board positions ...

Miners, stakeholders agree to actions in Upper Hunter Valley

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 OCT 2011  |  NEWS
Miners and community stakeholders in the Upper Hunter Valley of New South Wales have agreed to a list of actions to address the impacts of coal mining on a range of issues from mine rehabilitation to water assessments, long term health impacts to local ...