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GRI, UN Global Compact renew partnership

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 MAY 2013  |  NEWS
The UN Global Compact and the Global Reporting Initiative (GRI) have renewed their partnership. The two organisations have a long-standing collaboration that has resulted in the Global Compact's 10 principles in the areas of human rights, labour, the ...

Global Reporting Initiative launches new G4 guidelines

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAY 2013  |  NEWS
The Global Reporting Initiative (GRI) has published the newest version of its sustainability reporting guidelines, G4, at its annual global conference. G4 is a significantly revised document and places stronger emphasis on materiality and will encourage ...

National Sustainability Council issues macro-theme report

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAY 2013  |  NEWS
... changes such as the aging population, the need to plan for growing cities and changes to traditional work/family roles, global population growth and the growth of the middle class in Asia and the concomitant pressures on energy, water and food system ...

Transition to sustainable palm oil needs "significant work"

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAY 2013  |  NEWS
... the overall consumption of palm oil - Australia imports around 110,000 tonnes of palm oil, which is approximately 0.2% of global consumption, according to the report authored by the Net Balance Foundation. "The report highlights the commitment by many ...

CFSGAM to create global responsible investment committee

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAY 2013  |  NEWS
Colonial First State Global Asset Management (CFSGAM) will this year create a global responsible investment committee (GRIC) and an ESG risks committee to assess ESG risk exposures across asset classes. GRIC will be chaired by CEO Mark Lazberger, CFSGAM ...

Geodynamics announces successful test of geothermal energy

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAY 2013  |  NEWS
Geodynamics has announced that they have successfully generated electricity from geothermal 'hot rocks' technology at a pilot plant in South Australia. Geodynamics' 1MWe Habanero Pilot Plant, South Australia (photo courtesy of Geodynamics) Geodynamics' ...

Australian exposed to carbon bubble through coal resources

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 MAY 2013  |  NEWS
Australian coal exports are 11% of the global coal market, but represent 25% of a precautionary global carbon budget for coal, exposing investors in coal resourcesto potentially rapid devaluation and stranded assets, according to a report by The Climate ...

NGOs, institutional investors seeking engagement pathways

RACHEL ALEMBAKIS  |  FRIDAY, 26 APR 2013  |  NEWS
... investment return terms of engaging on issues that are considered as risks to long term investors such as the impacts of global warming." See Also: Christian Super engaging with companies on African assets

Publish What You Pay reexamining extractive companies

RACHEL ALEMBAKIS  |  FRIDAY, 26 APR 2013  |  NEWS
... data. What we are saying is that this is obviously becoming a major criteria. With the EU and the US rules, 65% of the global market of extractives will be covered. We're now saying it's a competitive disadvantage not to provide that data that's comparative. ...

Australian boards struggling with climate change adaptation

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 APR 2013  |  NEWS
... while climate change science predicts a future in which there are more extreme weather events and brought on by warmer global temperatures and that there is increasing awareness that, as a result of recent extreme events such as bushfires and flooding ...