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CDP: ASX200 companies set short term goals for C02 reduction

RACHEL ALEMBAKIS  |  FRIDAY, 6 DEC 2013  |  NEWS
Only four ASX200 companies have set long-term carbon reduction targets, while most ASX200 companies focus on setting short-term targets for carbon emission reduction, according to the CDP Australia and New Zealand Climate Change Report 2013. "There's ...

NZ Super Fund invests in wind turbine developer

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 DEC 2013  |  NEWS
The New Zealand Superannuation Fund has invested US$55 million in a US company that develops wind turbines. US-based Ogin Inc. uses aerospace technology to develop a smaller, high-performance wind turbine, the fund said. It is a privately held company. ...

IGCC: insto investors would park capital if CEFC repealed

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2013  |  NEWS
... Corporation (CEFC) will cause institutional investors to step back from deals in low-carbon investments in Australia, the Investor Group on Climate Change (IGCC) told a Senate inquiry into the repeal of the Clean Energy Future legislation. "The business ...

RIAA: majority of Australians would choose responsible super

RACHEL ALEMBAKIS  |  FRIDAY, 29 NOV 2013  |  NEWS
A majority of Australians would rather invest in a responsible superannuation fund than a superannuation fund which only considers maximising financial returns, according to a national poll organised by the Responsible Investment Association Australasia ...

AMP Capital identifies ESG risks to Australian retailers

RACHEL ALEMBAKIS  |  FRIDAY, 22 NOV 2013  |  NEWS
... disclose the information they have gathered, or they don't have the systems to measure their OHS performance. "As an investor, you're getting used to companies talking about health and safety in their briefings and annual reports," he said. "There were ...

CDP: companies unaware of deforestation supply chain risks

RACHEL ALEMBAKIS  |  FRIDAY, 22 NOV 2013  |  NEWS
Companies around the world are unaware of deforestation risks in agricultural commodities because of lack of traceability in global supply chains, certification challenges and regulatory uncertainty, according to CDP data. Launching the CDP Global Forests ...

WBCSD named supporter of Natural Capital Declaration

RACHEL ALEMBAKIS  |  FRIDAY, 22 NOV 2013  |  NEWS
The World Business Council for Sustainable Development (WBCSD) has been named an official supporter of the Natural Capital Declaration (NCD). NCD is a global initiative that affirms the importance of natural capital in maintaining a sustainable global ...

GRI makes appointments to Stakeholder Council

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 NOV 2013  |  NEWS
... Chemicals Magadi, Nilesh Moodley, group sustainability manager, Liberty Group, Roberto Pedote, vice president of finance, investor relations and legal affairs, Natura Cosmeticos, Karsten Schroeder, head of sustainability measurement and reporting, econsense ...

RIAA to engage NZ investors on climate change, investment

RACHEL ALEMBAKIS  |  FRIDAY, 8 NOV 2013  |  NEWS
... Speakers at the briefing include Dr Russel Norman, co-leader of the Green Party in New Zealand, Nathan Fabian of the Investor Group on Climate Change and Julian Poulter of the Asset Owners Disclosure Project, RIAA said. Other topics include corporate ...

IGCC welcomes CCA draft report on emissions targets

RACHEL ALEMBAKIS  |  WEDNESDAY, 6 NOV 2013  |  NEWS
The Investor Group on Climate Change (IGCC) welcomes the "pragmatic assessment" of the Climate Change Authority (CCA) draft report, but says it raises questions of how Australia will achieve higher emissions reductions. In its draft report into caps ...