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Low Carbon Australia financing for local council upgrades

RACHEL ALEMBAKIS  |  WEDNESDAY, 11 JUL 2012  |  NEWS
Buildings in Cardinia Shire in Victoria and Great Lakes Council in New South Wales will undergo energy efficiency overhauls via part funding from Low Carbon Australia. Cardina Shire's health and recreation facility has received AU$225,913 in Low Carbon ...

Most Asia Pacific private equity investors monitor ESG

RACHEL ALEMBAKIS  |  FRIDAY, 6 JUL 2012  |  NEWS
... contrast to 70% of European investors and 27% of North American investors, according to Coller Capital, a private equity fund that invest in the secondary market. Jon Freeman "Speaking anecdotally, ESG is something investors have bumped up the list," ...

Solomon Islands implement EITI payment disclosure standard

RACHEL ALEMBAKIS  |  FRIDAY, 6 JUL 2012  |  NEWS
The Solomon Islands will implement the global Extractive Industries Transparency Initiative Standard (EITI), meaning the government will disclose payments from its extractives sector. The Solomon Islands has established Solomon Islands Extractive Industries ...

Using water accounting to measure, manage financial risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 4 JUL 2012  |  NEWS
The development of an Australian water accounting standard means that companies will be able to provide disclosure about water rights and obligations in a financially meaningful fashion, at a time when Australian companies are coming under scrutiny ...

ARENA board members, CEO named

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUN 2012  |  NEWS
Jane Sargison, Betsy Donaghey, Judith Smith and Mark Twidell have been appointed as inaugural board members of the Australian Renewable Energy Agency (ARENA), and Ivor Frischknecht has been named ARENA's first chief executive officer. Resources Minister ...

MSCI launches ESG portfolio analytics tool

RACHEL ALEMBAKIS  |  FRIDAY, 29 JUN 2012  |  NEWS
MSCI has launched MSCI ESG Portfolio Analytics, a reporting tool to help fund managers and institutional investors assess the ESG characteristics and risk profile of an equity portfolio. MSCI ESG Portfolio Analytics reports include portfolio and index ...

Australian Ethical management survive general meeting vote

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JUN 2012  |  NEWS
... efficient." Vernon and Smith said the company's ethical mission and engagement would not be changed. The company's Climate Advocacy Fund, an indexed fund explicitly designed to permit increased engagement around climate change issues, will continue its ...

Farmers, land managers examine Carbon Farming Initiative

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUN 2012  |  NEWS
... soil carbon methodology up and running, the government has committed AU$250m over six years to the CFI [Non-Kyoto Carbon Fund]," Kiely said. "That's about AU$40m a year to buy ACCUs. My understanding from talking to the brokers and others is that there ...

Women make gains on corporate boards

RACHEL ALEMBAKIS  |  FRIDAY, 22 JUN 2012  |  NEWS
... 21.2% of directorships are held by women, up from 18.4% in 2011. Women also comprise 21.8% of directorships on superannuation fund trustee boards, an increase from 20.4% in 2011. Corporate superannuation fund increased their representation of women on ...

EUAs finance $4.9m in Melbourne environmental retrofits

RACHEL ALEMBAKIS  |  WEDNESDAY, 20 JUN 2012  |  NEWS
... retrofit programs and are projected to save 5350 tonnes of CO2-e emissions per year, according to the Sustainable Melbourne Fund. In the approximately 12 months since the Sustainable Melbourne Fund has provided the administration of environmental upgrade ...