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Australian property funds top GRESB list

RACHEL ALEMBAKIS  |  FRIDAY, 2 SEP 2011  |  NEWS
A Global Real Estate Sustainability Benchmark (GRESB) survey of environmental and social performance at 340 of the world's largest property companies has found that the companies on average have reduced their energy consumption in 2010 by almost 3% ...

Local Government Super properties awarded 6 NABERS stars

RACHEL ALEMBAKIS  |  FRIDAY, 2 SEP 2011  |  NEWS
The New South Wales (NSW) based Local Government Super (LGS) has seen nine of its 11 directly owned buildings upgraded from five NABERS stars to six stars, the maximum score for environmental performance of commercial buildings. One of LGS's properties ...

Carbon Farming Initiative offers landholders revenue opportunities

RACHEL ALEMBAKIS  |  WEDNESDAY, 31 AUG 2011  |  NEWS
The Carbon Farming Initiative (CFI) will provide opportunities for landholders to generate tradeable carbon credits from carbon abatement and sequestration activities. But while landholders across Australian industrial sectors potentially stand to offset ...

Disclosing sustainability risks, engaging stakeholders vital to corporate interests

RACHEL ALEMBAKIS  |  FRIDAY, 26 AUG 2011  |  NEWS
Although the growing acceptance of reporting frameworks such as the Global Reporting Initiative (GRI) is spurring strategic thinking about disclosing and managing sustainability risks, companies and other organizations need to do more, including setting ...

Mirvac Group net profit up 30%, increased energy savings

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 AUG 2011  |  NEWS
Mirvac Group reported operating net profit after tax had increased 30.2% to AU$358.5m for the 2010/2011 financial year, with statutory net profit down by 22.3% to AU$182.3m and operating earnings per stapled security up 13.7% to 10.5 cents, in line ...

Paper guides investors to ESG investment integration

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 AUG 2011  |  NEWS
Institutional investors can integrate environmental, social and governance (ESG) factors into their investment approaches in a number of structured fashions, including tilting towards or against ESG factors, taking an active ownership approach, targeted ...

R. M. Williams Agricultural Holdings to fund NT property conservation with carbon rights

RACHEL ALEMBAKIS  |  FRIDAY, 19 AUG 2011  |  NEWS
R. M. Williams Agricultural Holdings (RMWAH) has purchased a AU$13m pastoral property in the Northern Territory with the goal of funding the restoration and conservation of land through the sale of carbon rights and bio-diversity values. Bacon Range ...

GPT moves into refurbished, greener headquarters

RACHEL ALEMBAKIS  |  FRIDAY, 19 AUG 2011  |  NEWS
The GPT Group (GPT) is aiming to have its newly refurbished headquarters in the MLC Centre in Sydney recognised with a 6 Star Green rating within an existing building that has not undergone a major refurbishment. Photo credit: The GPT Group In setting ...

AGL wins three awards for sustainability reporting

RACHEL ALEMBAKIS  |  FRIDAY, 19 AUG 2011  |  NEWS
AGL has won three awards at the Australian Association of Chartered Certified Accountants (ACCA) Reporting Awards - the top prize of Best Sustainability Report as well as Best Sustainability Reporting of an ASX 50 Company and Best Sustainability Reporting ...

Carbon price will capture mines' fugitive emissions

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 AUG 2011  |  NEWS
The Australian government's carbon pricing plan will tax mines for "fugitive" gas emissions - emissions of trapped methane that are released during the extraction process, according to a briefing from the International Council on Mining and Metals (ICMM). ...