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AMP Capital, Goodman join GRESB

RACHEL ALEMBAKIS  |  FRIDAY, 7 FEB 2014  |  NEWS
AMP Capital and Goodman have joined the Global Real Estate Sustainability Benchmark (GRESB). AMP Capital, which is one of the largest real estate fund managers in Asia-Pacific, has assets under management of US$20 billion and "believes that consideration ...

Supply chain, G4, social value to top sustainability agenda

RACHEL ALEMBAKIS  |  FRIDAY, 31 JAN 2014  |  NEWS
When it comes to sustainability issues in 2014, corporate Australia is likely to focus on the transition to the Global Reporting Initiative's G4 guidelines, defining and reducing environmental and social risks in the supply chain and defining the social ...

Addis, Blackburn-Wright open impact investment firm

RACHEL ALEMBAKIS  |  FRIDAY, 31 JAN 2014  |  NEWS
... board of an international initiative - the International Impact Investing Taskforce, while Addis will also convene the Global Learning Exchange - as a way of contributing to the public development of the impact investment and social enterprise domains. ...

CDP: progress stalling on supply chain emissions reductions

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 JAN 2014  |  NEWS
... information. This constitutes a rise of more than a fifth since last year. The 2,868 companies produce around 14% of 2013's global industrial emissions, and the 64 CDP supply chain members behind the request to this supply chain represent a combined ...

Interest spurs new developments in social enterprise funding

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2014  |  NEWS
... licensing of debt finance, it's pretty tight and you can argue that maybe one of the reasons why Australia survived the global financial crisis is that the regulations are pretty robust. The regulatory framework was not designed to facilitate innovation ...

Westpac number one on global sustainability list

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2014  |  NEWS
Westpac has topped the list of the "Global 100 Most Sustainable Corporations in the World". The Global 100 is an annual list published by Corporate Knights, an independent media and investment research company based in Toronto. The announcement was ...

CDP: investment in carbon reduction yields positive return

RACHEL ALEMBAKIS  |  FRIDAY, 17 JAN 2014  |  NEWS
... emissions intensity: 560 metric tonnes CO2e per million USD in total assets on the balance sheet - more than 10 times the global median of 53 tonnes per million USD; and 89% of total emissions reported to CDP in 2013 (6.4 of 7.2 billion metric tonnes ...

Global banks launch voluntary Green Bond Principles

RACHEL ALEMBAKIS  |  FRIDAY, 17 JAN 2014  |  NEWS
Thirteen global investment banks have endorsed the Green Bond Principles - a set of voluntary guidelines on the development and issuance of green bonds. Marilyn Ceci, managing director, JPMorgan Chase corporate investment bank Bank of America Merrill ...

ANREV real estate investors outperform global GRESB

RACHEL ALEMBAKIS  |  FRIDAY, 10 JAN 2014  |  NEWS
Members of the Asian Association for Investors in Non-listed Real Estate Vehicles (ANREV) outperformed the global sample in the Global Real Estate Sustainability Benchmark (GRESB) in the areas of management and policy, but need to improve their implementation ...

Climate Bonds Standard tackles low-carbon transport

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 JAN 2014  |  NEWS
... said. "As much as US$700 billion is spent annually subsidizing motor fuels, while hundreds of billions more in public and global aid funds subsidize the growing use of cars." The Climate Bond Standard cited International Energy Agency (IEA) data saying ...