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Will sustainability survive the end of the boom?

JOSH DOWSE  |  FRIDAY, 7 DEC 2012  |  NEWS
Editor's Note: The Sustainability Report is pleased to present this column from Josh Dowse. Josh is principal of Dowse CSP, a sustainability/ESG advisory firm, has worked on ESG, sustainability and communication issues with McKinsey & Company and Macquarie ...

Companies with carbon targets see higher reductions

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 DEC 2012  |  NEWS
Companies that set absolute carbon emissions reductions targets are achieving reductions double the rate of those without targets, with 10% higher profitability, according to the Carbon Disclosure Project (CDP) Carbon Action 2012 request. CDP Carbon ...

Minerals Council of Australia implementing water accounting

RACHEL ALEMBAKIS  |  FRIDAY, 30 NOV 2012  |  NEWS
The Minerals Council of Australia (MCA) has designed and is implementing a water accounting framework to provide a means for companies to analyse their water use and management in a way that is tailored to the minerals industry. Developed in conjunction ...

Woolworths poker machine vote fails, but push to continue

RACHEL ALEMBAKIS  |  FRIDAY, 23 NOV 2012  |  NEWS
... institutional shareholders that this kind of activity can be done. It has also raised a lot of awareness on this issue - most investor wouldn't have known about the links between gambling and Woolworths before GetUp took this path." This is a lesson ...

Investor groups call for new climate change policy responses

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 NOV 2012  |  NEWS
A coalition of organisations including the Investor Group on Climate Change (IGCC) have called upon the governments of the world's largest economies to engage in a new dialogue on climate change policy ahead of the international climate negotiations ...

Boards increasing engagement on remuneration reports

RACHEL ALEMBAKIS  |  FRIDAY, 16 NOV 2012  |  NEWS
... incentives and long-term incentives to performance hurdles. However, Wilson noted that while engagement with investors and investor groups like Regnan is on the increase, actual changes to remuneration packages and boards have not yet come through. "Freezing ...

PRI publishes hedge fund responsible investment paper

RACHEL ALEMBAKIS  |  FRIDAY, 16 NOV 2012  |  NEWS
... number of hedge fund manager signatories. However, there is currently no clear consensus on what being a responsible investor in hedge funds actually entails," said Rob Lake, director of responsible investment at PRI in a statement. "During the financial ...

Hermes Fund Managers launch quant ESG equity strategy

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 NOV 2012  |  NEWS
Hermes Fund Managers has created a global quantitative environmental, social and governance (ESG) strategy and has announced that Local Government Super (LGS) has awarded a AU$90m mandate for the strategy. The strategy combines Hermes' existing quantitative ...

Fewer ASX companies see carbon price as a business risk

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2012  |  NEWS
... 2011. "The highlight was the drop in the number of companies who identify carbon of a risk," Nathan Fabian, CEO of the Investor Group on Climate Change (IGCC) told The Sustainability Report during CarbonExpo in Melbourne this week. "That had been trending ...

Capturing the upside potential of Australia's carbon market

RACHEL ALEMBAKIS  |  FRIDAY, 9 NOV 2012  |  NEWS
While the Australian carbon market is still inhibited by political uncertainties, businesses are beginning to plan for a longer term future where buying and selling carbon units and permits is a part of their strategy. Nick Armstrong, CEO COzero "Last ...