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NZ Super Fund sells partial forestry stake to iwi collective

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 MAR 2014  |  NEWS
New Zealand Superannuation Fund has sold a 2.5% stake in New Zealand's largest forestry business to six iwi organisations. The six iwi representative organisations - Ngati Rangitihi, Ngati Whakaue Assets and Te Arawa River Iwi Limited Partnership, Ngati ...

UCA Funds Management sets exclusions in fossil fuel policy

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 FEB 2014  |  NEWS
UCA Funds Management has developed a fossil fuel policy that rules out future investments in thermal coal, unconventional oil such as shale and deep water drilling and in companies that extract gas through fracking. Michael Walsh, UCA Funds Management ...

AustralianSuper equities less carbon-intense than benchmarks

RACHEL ALEMBAKIS  |  FRIDAY, 21 FEB 2014  |  NEWS
AustralianSuper's domestic and international equities holdings are less carbon intensive than relative benchmarks, according to a carbon assessment of its total equities portfolios. AustralianSuper commissioned Trucost to undertake the carbon intensity ...

RepuTex: DAP could achieve more reductions than CPM

RACHEL ALEMBAKIS  |  FRIDAY, 21 FEB 2014  |  NEWS
... for the DAP's emissions reductions potential are based on a calculation of absolute emissions baselines set as being the high point of emissions based on five years of emissions data, Grossman said. "[The absolute emission baseline] is taking a fairly ...

IGCC joins world peers in voicing fugitive methane concerns

RACHEL ALEMBAKIS  |  FRIDAY, 21 FEB 2014  |  NEWS
... year. The groups specifically note methane as a worry, given "its short-term potency as a greenhouse gas," and the fact that high rates of methane leakage reduce the climate change benefits of using natural gas. "Because of the expected growth in the ...

CDSB expands natural capital in new reporting framework

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 FEB 2014  |  NEWS
( Ed. note: This article is updated throughout with comment from Lois Cuthrie, CDSB executive director) The Climate Disclosure Standards Board (CDSB) has expanded its reporting framework to include more information on natural capital calculations - ...

CleanTek Market platform to connect companies, investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 FEB 2014  |  NEWS
... is designed to serve a variety of users, from start-up to established companies, and investors across the spectrum, from high net worth individuals to institutional investors. Salisbury said the portal is unique globally. "What we're finding at the moment ...

AGL commences construction on Nyngan Solar Plant

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 JAN 2014  |  NEWS
... AU$2 million to Brisbane Materials through an initiative to drive efficient and affordable renewable energy solutions. "The high-performance anti-reflective coating technology produced by Brisbane Materials is expected to provide a low cost, commercially ...

Interest spurs new developments in social enterprise funding

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2014  |  NEWS
... does not have to be amended to permit the creation of community bonds, Rodgers said. "The language in the legislation is high level and broad enough," he said. "Effectively, you can ask people to give you money for whatever purpose at all - that's why ...

Westpac number one on global sustainability list

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2014  |  NEWS
Westpac has topped the list of the "Global 100 Most Sustainable Corporations in the World". The Global 100 is an annual list published by Corporate Knights, an independent media and investment research company based in Toronto. The announcement was ...