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Australia ranked fourth on global renewable energy list

RACHEL ALEMBAKIS  |  FRIDAY, 31 MAY 2013  |  NEWS
Australia is the fourth most attractive country for investment in renewable energy projects, according to Ernst & Young's Renewable Energy Country Attractiveness Index (RECAI). Global annual clean energy investment hit US$269 billion in 2012, a five-fold ...

EITI conference advocates for moving beyond transparency

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 MAY 2013  |  NEWS
Transparent disclosure of payments made by extractive companies to the countries they operate is not an end goal, should be conflated with broader definitions of good governance, and needs to be communicated more effectively to a broader range of stakeholders. ...

Australia to consider country-level payment disclosures

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAY 2013  |  NEWS
The Australian government will consider whether mining companies should be made to disclose the payments they make on a country-by-country basis after evaluating the results of the Australian pilot of the Extractive Industries Transparency Initiative ...

CSA calls for "safe harbour" to encourage IR disclosures

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 MAY 2013  |  NEWS
Chartered Secretaries Australia (CSA) has called for a safe harbour provision to allow company directors to make forward-looking statements such those outlined in the Integrated Reporting (IR) framework. Judith Fox, director, policy, Chartered Secretaries ...

Graham Dooley new president of Australian Water Association

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 MAY 2013  |  NEWS
Graham Dooley, chairman of Blue Sky Water Partners, has been appointed president of the Australian Water Association (AWA), the Australian water industry body. Dooley has been involved with the AWA since 1983, serving as federal secretary, president ...

Reconciliation Australia receives $14.4m in budget funding

RACHEL ALEMBAKIS  |  FRIDAY, 17 MAY 2013  |  NEWS
Reconciliation Australia will receive AU$14.4 million over the next four years as part of the government's 2013-2014 budget. Reconciliation Australia announced the government funding will be used to continue the organisation's work in engaging the public ...

SEFA makes second loan, funds affordable housing purchase

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 MAY 2013  |  NEWS
Social Enterprise Finance Australia (SEFA) has made its second loan, to fund the purchase of housing units in a retirement home park in Tasmania. The loan is towards the construction and installation of four, two-bedroom prefabricated units for the ...

Ethinvest model portfolios outperform wider ASX indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 15 MAY 2013  |  NEWS
Proprietary model ASX50 and ASX100 portfolios developed by investment advisory firm Ethinvest has outperformed mainstream accumulation indices by wide margins, Ethinvest said. Trevor Thomas, Ethinvest managing director The Ethinvest ASX50 Screened Index ...

ESG risks impact transport sector earnings, share price

RACHEL ALEMBAKIS  |  FRIDAY, 10 MAY 2013  |  NEWS
Although ESG research on the transport sector has focused more on environmental factors, AMP Capital Investors says social and governance risks also impact on short-term earnings and share price. Mans Carlsson-Sweeny There are three key risks to the ...

Energy audit implementation yields cost savings

RACHEL ALEMBAKIS  |  WEDNESDAY, 8 MAY 2013  |  NEWS
Companies are reducing their energy costs with audits that unlock a combination of solutions including upgrades, process improvements and examining energy demands, according to Pangolin Associates. Pangolin Associates conducts energy audits as part ...