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Swan: carbon price vital for first-rate, first-world economy

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 JUN 2011  |  NEWS
Putting a price on carbon emissions is the only way to drive investment in cleaner energy innovation, and failing to do so would condemn Australia to becoming "an old-world, high-polluting technological backwater," Treasurer Wayne Swan said in a speech ...

Investor Profile: Australian Ethical Investment

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2011  |  NEWS
James Thier is a a founding director of Australian Ethical Investment, a fund manager with AU$650m in assets under management that has specialised in ethical and sustainable investment since its 1986 inception. In addition to specialist funds, Australian ...

Majority of ASX100 report on ESG issues

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2011  |  NEWS
A majority of ASX100 companies now report on ESG issues, with an increased focus on material issues and increased acceptance of sustainability risks such as human capital management, according to an analyst at Macquarie Bank. Analyst Aimee Kaye singled ...

Virgin Australia certified carbon neutral

RACHEL ALEMBAKIS  |  FRIDAY, 3 JUN 2011  |  NEWS
Virgin Australia has been given carbon neutral certification by Low Carbon Australia. The publicly listed airline formerly known as Virgin Blue received government approval through the National Carbon Offset Standard (NCOS). The carbon neutral initiative ...

Australia well placed to implement ETS

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 JUN 2011  |  NEWS
The Financial Services Institute of Australasia (Finsia) has reported that Australia has the legal, regulatory and capital markets expertise to implement a carbon emissions pricing mechanism and transition to a lower carbon economy. "The imposition ...

Environmental services company declared carbon neutral

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 JUN 2011  |  NEWS
An Mea, a Perth-based environmental services company, has been recognized by Low Carbon Australia for achieving carbon neutrality. An Mea is the first environmental services company to achieve this under the Carbon Neutral Program run by Low Carbon ...

Goodman Group announces DIISR building development win

RACHEL ALEMBAKIS  |  FRIDAY, 27 MAY 2011  |  NEWS
Goodman Group will develop a four-star Green star and five-star NABERS rating mixed laboratory and office space development for the Australian government's Department of Innovation, Industry, Science and Research (DIISR) in North Ryde, NSW. The building ...

ANZ publishes interim corporate responsibility report

RACHEL ALEMBAKIS  |  FRIDAY, 20 MAY 2011  |  NEWS
ANZ has released an interim corporate responsibility report for the financial year, highlighting progress in training staff for screening clients based on sensitive sector policies and reviewing investment portfolios against UNPRI guidelines, but also ...

Renewable energy could meet up to 80% of global supply by 2050: IPCC

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 MAY 2011  |  NEWS
Nearly 80% of the world's energy supply could be met by renewables by 2050, if supported by public policies, according to a report from over 120 researchers working with the Intergovernmental Panel on Climate Change (IPCC). Additionally, increasing ...

KPMG: sustainability strategies driven by cost reduction, environment

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2011  |  NEWS
More than 60% of companies surveyed in a global KPMG report say they have a strategy for corporate sustainability, with cost reduction a key rationale and a primary focus on the environmental side, particularly on resource and energy efficiency. According ...