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Australia enters the era of carbon as a commodity

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2011  |  NEWS
The Clean Energy Future legislation has passed into law, and now that the infrastructure and timeline to creating a market-based mechanism for pricing carbon emissions is reality, so begins the era of carbon as a commodity. Liable companies will need ...

LGS uses trigeneration technology for property retrofit

RACHEL ALEMBAKIS  |  FRIDAY, 11 NOV 2011  |  NEWS
... 40,000 former local government employees. It has approximately AU$3.1bn invested in responsible investment strategies across asset classes including Australian shares, international shares, property, and the absolute return and private equity. See Also ...

Carbon tax passes Senate, pricing concerns remain

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 NOV 2011  |  NEWS
... responsibilities under the carbon pricing regime are understood, and also recommended developing systems for compliance, determining asset valuations and fully costed impairment tests among other steps.

Governance, environmental issues for AGM season

RACHEL ALEMBAKIS  |  FRIDAY, 28 OCT 2011  |  NEWS
With the arrival of the annual general meeting (AGM) season, governance experts and sustainability researchers say that some issues at play this year will include executive remuneration and the processes around capital raisings, plus resolutions on ...

AWE reports lower GHG emissions, underlying loss for 2011FY

RACHEL ALEMBAKIS  |  WEDNESDAY, 26 OCT 2011  |  NEWS
... AU$117.6m," AWE said in its annual report. "This reported loss included a number of significant oneâ€'off factors, primarily asset impairments and the derecognition of tax losses. After adjustments for these one-off factors, the company recorded ...

IGCC working group to engage with green finance banks

RACHEL ALEMBAKIS  |  FRIDAY, 21 OCT 2011  |  NEWS
The Investors Group on Climate Change (IGCC)'s new Low-Carbon Finance Working Group will play a stakeholder role with "green" financing institutions both domestically and overseas, consulting with the institutions being established by governments to ...

Investor groups call for climate change policy action

RACHEL ALEMBAKIS  |  FRIDAY, 21 OCT 2011  |  NEWS
Three leading investor groups on climate change, including the Investor Group on Climate Change Australia/New Zealand (IGCC), have called for policy action to stimulate private sector investment into climate change solutions that can create jobs and ...

ACSI reiterates no vote for News Corp board

RACHEL ALEMBAKIS  |  FRIDAY, 21 OCT 2011  |  NEWS
The Australian Council of Superannuation Investors (ACSI) has advised Australian superannuation funds to vote against members of the News Corp Board at the company's annual general meeting in Los Angeles on Friday. "News Corp board should comprise a ...

Community finance draws eye of institutional investors

RACHEL ALEMBAKIS  |  WEDNESDAY, 19 OCT 2011  |  NEWS
... have been mitigated through our analysis." The costs associated with Foresters' funds management were higher than other asset classes, because they consist of activities that go to supporting the social enterprises in addition to management fees of 1.4%. ...

Business, investors get certainty as carbon package passes

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 OCT 2011  |  NEWS
... footprint of their portfolios and carbon liability will become a portfolio exposure to manage along with exposure to different asset classes or sectors. Investors' expectations for reporting timelines and assurance from companies will increase, as will ...