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Addis, Blackburn-Wright open impact investment firm

RACHEL ALEMBAKIS  |  FRIDAY, 31 JAN 2014  |  NEWS
Sandy Blackburn-Wright, former head of social innovation for Westpac, and Rosemary Addis, former social innovation strategist at the Australian Department of Education Employment and Workplace Relations (DEEWR), have launched a company that will consult ...

AGL commences construction on Nyngan Solar Plant

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 JAN 2014  |  NEWS
AGL Energy has begun construction on the AU$300 million Nyngan Solar Plant. Construction on the Nyngan Solar Plant will take approximately 18 months to complete, and the plant is expected to be fully operational by June 2015. It will deliver 103 megawatts ...

CDP: progress stalling on supply chain emissions reductions

RACHEL ALEMBAKIS  |  WEDNESDAY, 29 JAN 2014  |  NEWS
The progress to reduce carbon emissions within supply chains is stalling, even as more companies are recognising climate risk in their supply chains, according to research from CDP and Accenture. In Collaborative Action on Climate Risk, the supply chain ...

Interest spurs new developments in social enterprise funding

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2014  |  NEWS
The increased interest in using debt and equity instruments to fund social enterprises in Australia is leading financiers, investors and government bodies to consider various vehicles for financing businesses from within the community, including a category ...

Push continues for Australia to adopt mining payment regime

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2014  |  NEWS
Canada has gone one step closer to establishing a payment disclosure standard for its listed mining companies, with civil society groups in Australia increasing the focus on seeing a similar regime introduced here. Last week, a multi-stakeholder Resource ...

Westpac number one on global sustainability list

RACHEL ALEMBAKIS  |  FRIDAY, 24 JAN 2014  |  NEWS
Westpac has topped the list of the "Global 100 Most Sustainable Corporations in the World". The Global 100 is an annual list published by Corporate Knights, an independent media and investment research company based in Toronto. The announcement was ...

NSW leasehold approved for Carbon Farming Initiative

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 JAN 2014  |  NEWS
An 8,500-hectare section of native forest in western New South Wales has been deemed eligible under the Carbon Farming Initiative (CFI) by the federal government. Josh Harris, Climate Friendly The Sunset Ranch Native Forest Protection Project is the ...

Pangolin Associates hires Sam Phua

RACHEL ALEMBAKIS  |  WEDNESDAY, 22 JAN 2014  |  NEWS
Energy and carbon management firm Pangolin Associates has hired Sam Phua to its Brisbane office. Iain Smale, Pangolin Associates Phua is a registered greenhouse and energy auditor and brings energy and carbon services experience, as well as the Airport ...

IIRC, SASB to collaborate on compatability of frameworks

RACHEL ALEMBAKIS  |  FRIDAY, 17 JAN 2014  |  NEWS
The Sustainability Accounting Standards Board (SASB) and the International Integrated Reporting Council (IIRC) will work together to achieve complementarity and compatibility in their respective frameworks. Paul Druckman, IIRC CEO Jean Rogers, SASB ...

Global banks launch voluntary Green Bond Principles

RACHEL ALEMBAKIS  |  FRIDAY, 17 JAN 2014  |  NEWS
Thirteen global investment banks have endorsed the Green Bond Principles - a set of voluntary guidelines on the development and issuance of green bonds. Marilyn Ceci, managing director, JPMorgan Chase corporate investment bank Bank of America Merrill ...