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ACSI release governance guidelines

RACHEL ALEMBAKIS  |  FRIDAY, 12 AUG 2011  |  NEWS
The Australian Council of Superannuation Investors (ACSI) has released the fifth edition of its governance guidelines ' A Guide for Superannuation Trustees to monitor listed Australian companies'. The guide, which is updated every second year, includes ...

Carbon price package could yield greater than expected reductions

RACHEL ALEMBAKIS  |  FRIDAY, 12 AUG 2011  |  NEWS
The government's carbon price package could help Australia achieve a greater than expected reduction in greenhouse gas emission by 2020 if successfully implemented, according to research from ClimateWorks Australia. ClimateWorks Australia's analysis ...

ACCIONA to develop NSW wind farm

RACHEL ALEMBAKIS  |  FRIDAY, 12 AUG 2011  |  NEWS
ACCIONA, the world's largest independent, non-utility, renewable energy developer and owner, will develop a AU$147m wind farm in New South Wales. The Gunning Wind farm will generate 46.5MW. It is ACCIONA's 278th in the world and will deliver enough ...

Sensis certified carbon neutral

RACHEL ALEMBAKIS  |  FRIDAY, 12 AUG 2011  |  NEWS
Sensis, producer of the Yellow Pages and White Pages directories, has been certified as carbon neutral for its print and online directories under the Australian Government's National Carbon Offset Standard (NCOS). The certification recognises Sensis' ...

Forthcoming GRESB report to benchmark RE environmental, social performance

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2011  |  NEWS
In September, the Global Real Estate Sustainability Benchmark (GRESB) will release its second survey assessing the environmental and social performance of public and private real estate investments. GRESB will be used by institutional investors to engage ...

FSC, ACSI release ESG reporting guide for ASX companies

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2011  |  NEWS
The Financial Services Council (FSC) and the Australian Council of Superannuation Investors (ACSI) have launched their ESG Reporting Guide for Australian Companies, a framework for assisting companies in identifying and reporting their ESG risks. FSC ...

Assistance will "significantly reduce" effects of carbon tax on industry

RACHEL ALEMBAKIS  |  WEDNESDAY, 3 AUG 2011  |  NEWS
Companies that fall under the government's proposed carbon pricing scheme will most likely see the negative effects on costs and earnings "significantly reduced" by the planned assistance package, according to research from MSCI. Emissions Intensive ...

Draft carbon tax legislation "faithful", but tricky in details

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUL 2011  |  NEWS
The government has released the draft legislation necessary to implement its carbon tax regime. The Clean Energy Legislative Package is seen as a "faithful" implementation of the policy articulated on 10 July by Prime Minister Julia Gillard. But one ...

Low Carbon Australia certify Melbourne print company

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUL 2011  |  NEWS
Low Carbon Australia has certified Melbourne-based printing company Mystique as carbon neutral. Mystique achieved the carbon neutral rating by reducing its production greenhouse gas emissions and choosing to offest all remaining emissions association ...

Carbon tax regime to affect liability for joint ventures

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 JUL 2011  |  NEWS
The government's proposed carbon tax regime will affect the way liability for carbon emissions is distributed between joint venture participants, according to an analysis by attorneys at Allens Arthur Robinson. Grant Anderson The carbon tax will cover ...