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Local Government Super wins property sustainability award

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 OCT 2012  |  NEWS
Local Government Super (LGS) has been given an award by the Australian Property Institute (API) for the sustainability features of one of its Sydney properties. LGS office property, 120 Sussex St Sydney API gave LGS the Environmental Award for the Carnegie ...

ACCSR: Governance and transparency material issues

RACHEL ALEMBAKIS  |  FRIDAY, 19 OCT 2012  |  NEWS
... are lessons for organisations in other industries as well, said Leeora Black, ACCSR managing director. "I think the very high focus of stakeholders on issues of transparency and governance is a wake-up call for organisations that are already reporting ...

Study: GRI can boost public sector reporting efficiency

RACHEL ALEMBAKIS  |  FRIDAY, 19 OCT 2012  |  NEWS
The Global Reporting Initiative (GRI) guidelines can contribute to reducing reporting costs and improving reporting efficiency in Australia's public sector, according to research commissioned by GRI's Focal Point Australia. An analysis of six different ...

Omega: governance measurements reduce bond portfolio risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 OCT 2012  |  NEWS
Analysing a country's willingness to repay bond debt as a governance measure is a useful metric for improving a bond portfolio's risk profile, according to research from fixed income manager Omega Global Investors. Mathew McCrum, director, investments ...

SEFA: developing sustainable loan portfolio

RACHEL ALEMBAKIS  |  FRIDAY, 12 OCT 2012  |  NEWS
Social Enterprise Finance Australia (SEFA), an AU$20m fund lending to social enterprises, is working to build a sustainable loan portfolio while also working to contribute to the development of the social financing sector in Australia, fund officials ...

New Forests issues second sustainability report

RACHEL ALEMBAKIS  |  FRIDAY, 12 OCT 2012  |  NEWS
Forestry and environmental markets fund manager New Forests reported a successful capital raising of a fund focusing on plantation assets in the Asia Pacific Region and progress on UN PRI commitments in its second sustainability report. New Forests ...

Low Carbon Australia finances second Wagga Wagga project

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 OCT 2012  |  NEWS
... drop by 23%. "Councils are responsible for street lighting, recreation and cultural centres and waste facilities that can be high energy users and carbon emitters," said Meg McDonald, Low Carbon Australia CEO. "Upgrading with cleaner technology and equipment ...

Cruelty Free Super celebrates second birthday

RACHEL ALEMBAKIS  |  FRIDAY, 5 OCT 2012  |  NEWS
High conviction ethical superannuation fund Cruelty Free Super has passed the two year mark, amassing more than 300 members and AU$5m in assets under management. The fund is aiming for AU$10m in assets under management and plans to contribute to the ...

ACSI reiterates support for NewsCorp board overhaul

RACHEL ALEMBAKIS  |  FRIDAY, 5 OCT 2012  |  NEWS
The Australian Council of Superannuation Investors (ACSI) is recommending that its membership support shareholder resolutions to calling for an independent chair and non-affiliated board members at NewsCorp. Ann Byrne "ACSI recognises that some change ...

Southern Cross Renewable Energy Fund funds Brisbane Metals

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 SEP 2012  |  NEWS
... will use the AU$1.5m and a further AU$2.5m investment from USA-based New Ventures Partners LLC (NVP) to commercialise its high -performance anti-reflective coatings, which will be applied to solar panels to make them more efficient and cost effective ...