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Pollinate Energy sells 10,000th solar light

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 SEP 2015  |  NEWS
Pollinate Energy, a social enterprise that provides affordable solar lighting to people in India's urban slums, has sold its 10,000th solar light. Pollinate Energy has sold its 10,000th solar light unit. (Photo courtesy Pollinate Energy) The 10,000th ...

CEFC finances Ayers Rock Resort solar project

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 SEP 2015  |  NEWS
The Clean Energy Finance Corporation (CEFC) is financing the installation of 1.8MW of solar PV at the Ayers Rock Resort. Oliver Yates, Clean Energy Finance Corporation (CEFC) CEO CEFC has committed AU$4.7 million in finance to renewable energy company ...

Investors launch GRESB Infrastructure

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 SEP 2015  |  NEWS
A group of institutional infrastructure investors have launched GRESB Infrastructure, a global sustainability benchmark for infrastructure assets. Investors including AIMCo, APG, ATP, Aviva Investors, CalPERS, Mirova, Ontario Teachers' Pension Plan ...

Victorian government expands EUA legislation statewide

RACHEL ALEMBAKIS  |  FRIDAY, 4 SEP 2015  |  NEWS
The state parliament of Victoria has passed legislation offering environmental upgrade agreements (EUAs) across the state. Scott Bocskay, CEO of the Sustainable Melbourne Fund Once the bill becomes law, local governments in Victoria can offer businesses ...

Average CEO pay increased in 2014: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 4 SEP 2015  |  NEWS
Australia's 10 highest-paid chief executives collected AU$171.4 million in cash and equity earnings, according to the Australian Council of Superannuation Investor's annual CEO Pay study. Louise Davidson, ACSI CEO Based on statutory reporting, the top ...

Australia/NZ property companies, funds outperform: GRESB

RACHEL ALEMBAKIS  |  FRIDAY, 4 SEP 2015  |  NEWS
Once again, Australia and New Zealand property companies and funds topped the list of the Global Real Estate Benchmark (GRESB). According to the 2015 report, Australia and New Zealand continue to "significantly outperform" other regions with an average ...

Future Super, Thomson Reuters launch new indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 SEP 2015  |  NEWS
Future Super and Thomson Reuters have launched two indices - the Thomson Reuters/Future Super Australia Fossil Free Index and Thomson Reuters/Future Super Australia Sustainable Leaders Index. Simon Sheikh, managing director, Future Super The indices ...

GRI, federal government, announce Pacific partnership

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 SEP 2015  |  NEWS
The Global Reporting Initiative (GRI) and the Australian Department of Foreign Affairs and Trade (DFAT) have announced a new partnership to increase corporate transparency in the Indo-Pacific region. DFAT has provided AU$1 million in funding for the ...

Human rights considerations part of trustee board obligations

RACHEL ALEMBAKIS  |  FRIDAY, 28 AUG 2015  |  NEWS
When industry superannuation fund HESTA announced that it had divested from its holdings in Transfield Services, it cited social governance concerns that, in their view, represented an unacceptable risk to members' future retirement savings for the ...

Demand for ethical products strong: Ethical Advisers' Co-Op

RACHEL ALEMBAKIS  |  FRIDAY, 28 AUG 2015  |  NEWS
Fund managers and financial advisers are working to meet increased retail demand for responsible investment products, but gaps remain in asset classes. James Baird of JustInvest, board member, Ethical Advisers Co-op Investors are searching for options ...