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The search for better social metrics to value affordable housing

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2016  |  NEWS
There is a multistakeholder push to develop metrics to more accurately measure the social impacts of affordable housing developments, with investors, intermediaries and housing providers all seeking more reliable standards to assess social as well as ...

ACCR highlights lack of transparency in political donations

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2016  |  NEWS
The Australasian Centre for Corporate Responsibility (ACCR) is planning to lodge resolutions this annual general meeting (AGM) season to push companies for better disclosure of their direct and indirect political donations. ACCR has released a report ...

ARENA funds Southern Oil Refining biofuel lab pilot

RACHEL ALEMBAKIS  |  FRIDAY, 24 JUN 2016  |  NEWS
The Australian Renewable Energy Agency (ARENA) is providing AU$2.4 million in funding for Southern Oil Refining to develop and build a biocrude and biofuel laboratory in Queensland. The laboratory project, which will be based in Yarwun near Gladstone ...

Companies obliged to consider climate change: Minter Ellison

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUN 2016  |  NEWS
Australian corporate boards must have regard to the complex risks and potential opportunities of climate change in their governance and disclosure to minimise scrutiny from regulators and potential litigation, according to Minter Ellison. Sarah Barker ...

Women comprise 42% of 2016 ASX200 board appointments: AICD

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUN 2016  |  NEWS
More than 40% of directors appointed to ASX200 boards thus far in 2016 are women, increasing the overall percentage of women serving as directors on ASX200 companies to 23.6%, according to research from the Australian Institute of Company Directors ...

Local Councils "missing out" on clean energy solutions: CEFC

RACHEL ALEMBAKIS  |  FRIDAY, 17 JUN 2016  |  NEWS
Australian councils are "missing out" on lower cost, clean energy solutions and should consider how to improve their infrastructure for better energy performance, according to the Clean Energy Finance Corporation. The CEFC has published a new market ...

Sustainable Melbourne Fund receives ARENA grant

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 JUN 2016  |  NEWS
The Australian Renewable Energy Agency (ARENA) has provided AU$425,000 in grant funding to Sustainable Melbourne Fund to assist councils in Victoria to set up environmental upgrade agreements (EUAs). Scott Bocskay, CEO of the Sustainable Melbourne Fund ...

Disconnects holding back gender diversity: EY report

RACHEL ALEMBAKIS  |  FRIDAY, 10 JUN 2016  |  NEWS
Although gender diversity is a governance issue for corporate boards globally, only 13% of executives from companies around the world expect a significant increase in the number of women in leadership roles in the next five years, according to a new ...

Dimensional Fund Advisors launches Global Sustainability Trust

RACHEL ALEMBAKIS  |  FRIDAY, 10 JUN 2016  |  NEWS
Dimensional Fund Advisors has launched the Global Sustainability Trust in Australia and New Zealand which combines environmental, social and governance (ESG) considerations with the firm's core equity selection methodology. Dimensional Fund Advisors ...

MEP Werke GmbH, Strasser Capital join Climate Bonds Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 10 JUN 2016  |  NEWS
German solar power systems provider MEP Werke GmbH and its sponsor and private equity investor Strasser Capital GmbH, are joining the partner program of Climate Bonds Initiative (CBI). MEP Werke said that joining the partner program is the first step ...