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Emerald Wrap launches, joins UNPRI

RACHEL ALEMBAKIS  |  WEDNESDAY, 28 MAR 2012  |  NEWS
The Emerald Wrap, a dedicated responsible investment, superannuation and pension platform, has added RaboDirect, a division of Rabobank Australia, as a second term deposit provider to Bendigo and Adelaide Bank, and will become a signatory to the UN ...

New South Wales announces first social benefit bond

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAR 2012  |  NEWS
... new and let's try it out. We'll be seeking a nice broad sweep of people who are participating, and getting feedback on investor information." The government also selected UnitingCare Burnside to issue a second bond to provide services to children aged ...

Voluntary sustainability disclosures carry legal weight

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAR 2012  |  NEWS
Companies making voluntary disclosures of environmental, social and governance (ESG) issues must ensure that any statements can be backed up by data and they must be aware that disclosures to reporting frameworks such as the Carbon Disclosure Project ...

Corporate sustainability a vehicle for value creation

RACHEL ALEMBAKIS  |  FRIDAY, 23 MAR 2012  |  NEWS
Corporate sustainability should be about strategic value creation, rather than just a statement of values, and the integrated reporting framework could assist companies in seeing environmental, social and governance (ESG) as central to strategy, according ...

Q&A with James Gifford, executive director of the UNPRI

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2012  |  NEWS
James Gifford is the executive director of the UNPRI. He is currently in Australia and met with The Sustainability Report to talk about PRI's progress, its future plans, the challenges to implementing responsible investment (RI,) and how PRI can assist ...

Clean Energy Council sees CEFC as catalyst to unlock capital

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2012  |  NEWS
... of debt suitable for renewable energy infrastructure projects, smaller scale renewable energy projects, institutional investor allocations to clean energy/technology fund managers, competitively priced long term debt finance for energy efficiency and ...

UNPRI writes letter to UNGC leaders and laggards

RACHEL ALEMBAKIS  |  FRIDAY, 16 MAR 2012  |  NEWS
A coalition of investors from 12 countries, including Statewide Super and New Zealand Superannuation Fund, have contacted 118 UN Global Compact (UNGC) companies on the issue of increased reporting on environmental, social and governance activities. ...

CEFC moves to Sydney as industry prepares for its launch

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAR 2012  |  NEWS
As the federal government announced that the Clean Energy Finance Corporation (CEFC) will be located in Sydney, financial and investment institutions look to the CEFC's form and function as much as its location. The AU$10bn CEFC is expected to commence ...

GRI launches format to tag sustainability data in reports

RACHEL ALEMBAKIS  |  FRIDAY, 9 MAR 2012  |  NEWS
The Global Reporting Initiative (GRI) have released a new format for tagging data in sustainability reports that will make it easier for users to find and analyse information. GRI's new XBRL (eXtensible Business Reporting Language) taxonomy is an open-source ...

Publish What You Pay campaigns for payments transparency

RACHEL ALEMBAKIS  |  WEDNESDAY, 7 MAR 2012  |  NEWS
Publish What You Pay (PWYP) Australia, a multi-party organisation made up of human rights, aid, faith-based and environmental organisations, is pressing for regulatory changes that will cause oil, gas and mining companies to disclose payments made to ...