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Learning from Europe's example in social investment

RACHEL ALEMBAKIS  |  FRIDAY, 8 AUG 2014  |  NEWS
The growth of social impact investment and the development of new models for social enterprises are leading to a "new social contract" between citizens, the state and the private sector, according to Filippo Addarii, director of international strategy ...

Australian Forestry Standard releases supply chain standard

RACHEL ALEMBAKIS  |  FRIDAY, 8 AUG 2014  |  NEWS
The Australian Forest Certification Scheme (AFSC)'s chain of custody standard has been revised to meet international best practice as timber products move through the supply chain, according to the Australian Forestry Standard (AFS). The AFS is a not-for-profit ...

CDSB consultation finds broad support for framework

RACHEL ALEMBAKIS  |  FRIDAY, 8 AUG 2014  |  NEWS
There is broad support for an expanded reporting framework proposed by the Climate Disclosure Standards Board (CDSB), but stakeholders are calling for more clarification on alignment. Earlier this year, CDSB released a draft version of an expanded reporting ...

Net Balance: sustainability assurance increase in ASX200

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 AUG 2014  |  NEWS
A total of 43 ASX200 companies assured their sustainability data in 2013, according to research from Net Balance that also finds an emerging trend of companies assuring human rights disclosures in addition to environmental data. This is Net Balance's ...

ARENA announces $100 million support for Moree Solar Farm

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 AUG 2014  |  NEWS
The Australian Renewable Energy Agency (ARENA) has committed AU$101.7 million of support to the Moree Solar Farm, a large scale solar plant that will shortly begin construction. Renewable energy company Fotowatio Renewable Ventures (FRV) is set to begin ...

UCA Funds Management adds Transfield Services to exclusions

RACHEL ALEMBAKIS  |  FRIDAY, 1 AUG 2014  |  NEWS
UCA Funds Management is adding Transfield Services to its exclusion list because of human rights concerns stemming from Transfields' contract to provide services at the Australian Department of Immigration and Border Protection offshore processing centres ...

Forest protection CFI project issued 160,000 carbon credits

RACHEL ALEMBAKIS  |  FRIDAY, 1 AUG 2014  |  NEWS
The Clean Energy Regulator has issued more than 160,000 carbon credits to a carbon farming project in western New South Wales covering an 8,500-hectare section of native forest. Josh Harris, Climate Friendly The Sunset Ranch Native Forest Protection ...

AGL installs first solar panels at Nyngan solar plant

RACHEL ALEMBAKIS  |  FRIDAY, 1 AUG 2014  |  NEWS
AGL has installed the first solar panel modules at its large-scale solar plant in Nyngan, New South Wales. AGL has installed the first solar panels at the Nyngan Solar Plant. L-R Ray Donald, Bogan Shire mayor; Ivor Frischknecht, ARENA CEO; Kevin Humphries ...

Ethinvest model portfolios continue to outperform

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 JUL 2014  |  NEWS
Proprietary model ASX50 and ASX100 portfolios developed by investment advisory firm Ethinvest outperformed mainstream indices by wide margins over the past one and two year periods, according to the firm. Trevor Thomas, Ethinvest managing director Ethinvest's ...

PRI to target water risk in agricultural supply chains

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 JUL 2014  |  NEWS
Principles for Responsible Investment (PRI) has opened a new initiative and will focus on engaging with 54 companies around the world that have water risk exposure in their agricultural supply chain. Fiona Reynolds, UN PRI managing director The agriculture ...