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Cities increasing uptake of renewable energy: CDP

RACHEL ALEMBAKIS  |  FRIDAY, 18 SEP 2015  |  NEWS
Sydney, Adelaide and Canberra are among a group of global cities to set renewable energy targets, but overall, Latin American and European cities are the least reliant on fossil fuels for electricity, according to a new study by CDP and AECOM. According ...

Australia falls in EY renewable energy index

RACHEL ALEMBAKIS  |  FRIDAY, 18 SEP 2015  |  NEWS
Australia has tumbled out of the top ten in EY's Renewable Energy Country Attractiveness Index (RECAI), due to policy changes that has slowed momentum in the market. Australia has fallen from 10 th to 13 th in the most recent RECAI. "Australia's government ...

Westpac, Stockland named DJSI industry leaders

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 SEP 2015  |  NEWS
The Dow Jones Sustainability Indices (DJSI) has named Westpac Banking Group and Stockland as industry group leaders in the 2015 indices review. DJSI has also added BHP Billiton as one of the three largest addition to the indices by market capitalisation. ...

CEFC commits $250m to large scale solar

RACHEL ALEMBAKIS  |  FRIDAY, 11 SEP 2015  |  NEWS
The Clean Energy Finance Corporation (CEFC) will commit AU$250 million to construction of large-scale solar finance and up to AU$60 million to environmentally friendly social and affordable housing projects. Ted Dow, CEFC CIO CEFC's AU$250 million will ...

CEFC finances Ayers Rock Resort solar project

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 SEP 2015  |  NEWS
The Clean Energy Finance Corporation (CEFC) is financing the installation of 1.8MW of solar PV at the Ayers Rock Resort. Oliver Yates, Clean Energy Finance Corporation (CEFC) CEO CEFC has committed AU$4.7 million in finance to renewable energy company ...

Investors launch GRESB Infrastructure

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 SEP 2015  |  NEWS
A group of institutional infrastructure investors have launched GRESB Infrastructure, a global sustainability benchmark for infrastructure assets. Investors including AIMCo, APG, ATP, Aviva Investors, CalPERS, Mirova, Ontario Teachers' Pension Plan ...

Victorian government expands EUA legislation statewide

RACHEL ALEMBAKIS  |  FRIDAY, 4 SEP 2015  |  NEWS
The state parliament of Victoria has passed legislation offering environmental upgrade agreements (EUAs) across the state. Scott Bocskay, CEO of the Sustainable Melbourne Fund Once the bill becomes law, local governments in Victoria can offer businesses ...

Average CEO pay increased in 2014: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 4 SEP 2015  |  NEWS
Australia's 10 highest-paid chief executives collected AU$171.4 million in cash and equity earnings, according to the Australian Council of Superannuation Investor's annual CEO Pay study. Louise Davidson, ACSI CEO Based on statutory reporting, the top ...

Australia/NZ property companies, funds outperform: GRESB

RACHEL ALEMBAKIS  |  FRIDAY, 4 SEP 2015  |  NEWS
Once again, Australia and New Zealand property companies and funds topped the list of the Global Real Estate Benchmark (GRESB). According to the 2015 report, Australia and New Zealand continue to "significantly outperform" other regions with an average ...

Future Super, Thomson Reuters launch new indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 SEP 2015  |  NEWS
Future Super and Thomson Reuters have launched two indices - the Thomson Reuters/Future Super Australia Fossil Free Index and Thomson Reuters/Future Super Australia Sustainable Leaders Index. Simon Sheikh, managing director, Future Super The indices ...