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City of Sydney, Low Carbon Australia sign agreement

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 MAR 2012  |  NEWS
The City of Sydney and Low Carbon Australia have signed an agreement to encourage investment in low-carbon technologies by businesses, owners' corporations of apartment buildings and government. Under the terms of a memorandum of understanding (MOU) ...

Q&A with James Gifford, executive director of the UNPRI

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2012  |  NEWS
James Gifford is the executive director of the UNPRI. He is currently in Australia and met with The Sustainability Report to talk about PRI's progress, its future plans, the challenges to implementing responsible investment (RI,) and how PRI can assist ...

UNPRI writes letter to UNGC leaders and laggards

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2012  |  NEWS
A coalition of investors from 12 countries, including Statewide Super and New Zealand Superannuation Fund, have contacted 118 UN Global Compact (UNGC) companies on the issue of increased reporting on environmental, social and governance activities. ...

GPT Group reports 2011 reductions in waste, energy and water

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 MAR 2012  |  NEWS
GPT Group reported reductions in energy and water consumption as well as reductions in staff turnover and employee injuries, against a backdrop of realised operating income of AU$438.8m and net profit after tax of AU$246.2m, down from AU$707.3m in 2010. ...

Government grants $1.9m for geothermal exploration study

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 MAR 2012  |  NEWS
National ICT Australia (NICTA) has received an AU$1.9m government grant towards a project to provide enhanced data for targeted geothermal exploration. NICTA's two-year AU$5m project will use its capabilities in machine learning in conjunction with ...

CEFC moves to Sydney as industry prepares for its launch

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAR 2012  |  NEWS
... in" of private funding, rather than a "crowding out" of capital, said Emma Herd, executive director, emissions and environment at Westpac. "There are a couple of key areas where the CEFC can play a valuable role," Herd said. "It can play a valuable role ...

Publish What You Pay campaigns for payments transparency

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 MAR 2012  |  NEWS
Publish What You Pay (PWYP) Australia, a multi-party organisation made up of human rights, aid, faith-based and environmental organisations, is pressing for regulatory changes that will cause oil, gas and mining companies to disclose payments made to ...

Working group to develop Sharia-compliant green securities

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 MAR 2012  |  NEWS
The Climate Bonds Initiative, the Clean Energy Business Council of the Middle East and North Africa and The Gulf Bond and Sukuk Association have formed a working group to develop best practices and promote the issuance of "green" sukuks, Sharia-compliant ...

Fourth Carbon Farming Initiative methodology approved

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAR 2012  |  NEWS
... and sequestration offset projects and increase carbon abatement in line with the protection of Australia's natural environment. Following the CFI's official launch last December, clients are asking for advice and information about issues including methodologies ...

KPMG: agribusiness needs national food policy framework

RACHEL ALEMBAKIS  |  FRIDAY, 2 MAR 2012  |  NEWS
The fragmentation of the agribusiness sector both contributes to and is hampered by the lack of a national food policy framework, which is necessary to promote innovation and differentiation and to ensure the long-term social, environmental and economic ...