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Low Carbon Australia certifies water recycling plant

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 MAY 2012  |  NEWS
Low Carbon Australia has certified as carbon neutral Western Water 's Class A Recycled Water Plant in Melton, north-west of Melbourne. The Melton plant's biogas cogeneration facility uses methane emissions generated from the water recycling process ...

NAB partners to launch Victorian microfinance retail hubs

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2012  |  NEWS
NAB, Good Shepherd Microfinance and the Victorian state government have launched an AU$7.8m retail project to provide access to microfinance products, financial counselling and other services to financially excluded people in Victoria. Good Shepherd ...

bankmecu, Foresters Community Finance partner on loan scheme

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2012  |  NEWS
bankmecu and Foresters Community Finance, in conjunction with the Victorian government, have entered into a partnership by which the bank will provide loans to help community based organisations buy their own property. The agreement formalises an existing ...

LGS audit finds ASX has higher carbon, lower ESG risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 MAY 2012  |  NEWS
Local Government Super (LGS) has conducted a carbon and ESG audit of its equity portfolios and found that while domestic Australian equities are more carbon intensive, they have a lower ESG risk than international peers. Bill Hartnett The audits show ...

Low Carbon Australia to provide financing to foundries

RACHEL ALEMBAKIS  |  FRIDAY, 27 APR 2012  |  NEWS
Low Carbon Australia has developed a financing program tailored to foundry manufacturers seeking to invest in energy-efficient upgrades to equipment and processes. Low Carbon Australia is working with the Australian Foundry Institute (AFI) to inform ...

QIC selects Molpus Woodlands Group for timber mandate

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 APR 2012  |  NEWS
QIC has selected the US-based Molpus Woodlands Group as an investment partner, with the timberland specialist purchasing approximately 42,000 acres of timberland on QIC's behalf. James Dick, QIC head of alternative investments The AU$63.5bn institutional ...

Sustainable workforce a material corporate issue

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2012  |  NEWS
As companies and organisations look to manage their material sustainability factors, the issue of a sustainably managed and motivated workforce is coming to the forefront. While occupational health and safety issues are routinely managed and reported ...

LCA-financed retrofitted office building sells for $12.25m

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2012  |  NEWS
A commercial property in Brisbane that underwent an energy efficient retrofit financed by Low Carbon Australia has been sold for AU$12.25m, representing a 17% internal rate of return (IRR). O'Connell's OBM House, an office building at 26 Wharf Street ...

Industry welcomes CEFC expert review

RACHEL ALEMBAKIS  |  WEDNESDAY, 18 APR 2012  |  NEWS
Investors, banks and industry bodies welcomed the report on the structure of the Clean Energy Finance Corporation (CEFC), saying that the expert review panel's conclusions reflected a pragmatic view of the CEFC's role in facilitating private investment ...

CSA warns on timing of undirected proxy vote legislation

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 APR 2012  |  NEWS
Chartered Secretaries of Australia (CSA) is not confident that the government will be able to pass legislation that will clarify the right of a company chair to vote undirected proxies on a remuneration report resolution. Under current law, company ...