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PVStop International designs off switch to shut down PV solar panels in fire

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAY 2019  |  NEWS
An Australian company has designed an off switch that will shut down rooftop PV solar panels from supplying electricity in the event of a building fire, with the intention of improving safety outcomes in fire situations. PVStop International has developed ...

Business has role to play in protecting human rights: Gillian Triggs

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAY 2019  |  NEWS
Australia lags Western democracies in its domestic implementation of international human rights commitments, and business plays an important role in the protection of human rights, according to Gillian Triggs, former president of the Australian Human ...

CEFC invests $30m in Woolworths Group green bond

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAY 2019  |  NEWS
The Clean Energy Finance Corporation (CEFC) has invested $30 million in the Woolworths Group green bond, the first certified green bond issued by an Australian retailer. The $400 million green bond will help fund the Woolworths 2020 sustainability strategy. ...

CFSGAM to divest from tobacco products across portfolio

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAY 2019  |  NEWS
Colonial First State Global Asset Management (CFSGAM)/First State Investments is now excluding manufacturers of cigarettes and tobacco products from its portfolios. "There is no shortage of credible evidence of the wide-reaching harm caused by the tobacco ...

First State Super signs Australian Asset Owner Stewardship Code

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAY 2019  |  NEWS
First State Super has become a signatory to the Australian Asset Owner Stewardship Code. Louise Davidson, ACSI CEO The Code was developed by the Australian Council of Superannuation Investors (ACSI) and "provides principles and guidance to promote higher ...

Rise of automation to drive emergence of "super jobs": Deloitte

RACHEL ALEMBAKIS  |  THURSDAY, 18 APR 2019  |  NEWS
The rise of automation in recent years is driving the vast majority of Australian businesses to hire people with different skills, with the use of robotics and artificial intelligence set to increase or increase significantly over the next three years ...

Australian government awards $1.23m to Impact Investment Exchange

RACHEL ALEMBAKIS  |  THURSDAY, 18 APR 2019  |  NEWS
The Australian government's Department of Foreign Affairs and Trade (DFAT) has awarded AU$1.23 million to Impact Investment Exchange (IIX) - a global organization driving impact investing - to develop the ecosystem for gender lens investing in Asia. ...

Climate risk necessitates short and long term stress testing: Mercer

RACHEL ALEMBAKIS  |  FRIDAY, 12 APR 2019  |  NEWS
Investing in climate solutions can bring a low carbon transition premium for institutional investors, increasing the urgency for investors to gauge short term as well as long-term impacts of climate change according to new research from Mercer. Helga ...

Baptist World Aid Australia rates fashion companies on human rights

RACHEL ALEMBAKIS  |  FRIDAY, 12 APR 2019  |  NEWS
More than two thirds of apparel companies around the world can demonstrate tracing all final stage suppliers for human rights and environmental exposures, but only 18?% have traced input suppliers and 8% have traced all material suppliers, according ...

Global responsible investment assets top US$30 trillion: GSIA

RACHEL ALEMBAKIS  |  FRIDAY, 12 APR 2019  |  NEWS
Global responsible investment assets reached US$30.7 trillion at as of the beginning of 2018, a 34% increase over 2016, according to the Global Sustainable Investment Alliance (GSIA). Simon O'Connor, RIAA CEO GSIA has released its Global Sustainable ...