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CEFC study advocates demand management for electricity use

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 JUL 2013  |  NEWS
Demand management - a cooperative approach to saving energy - could save billions of dollars from electricity bills in Australia, according to a study commissioned by the Clean Energy Finance Corporation (CEFC). CEFC CEO Oliver Yates The study, Investing ...

Christian Super invests in microinsurance

RACHEL ALEMBAKIS  |  FRIDAY, 19 JUL 2013  |  NEWS
Christian Super has made an allocation to microinsurance by investing in LeapFrog Investments. Simba Marekera, policy analyst, Christian Super The AU$720 million superannuation fund made the allocation in early July, said Peter Murphy, Christian Super ...

PRI working group calls for sustainable palm oil commitments

RACHEL ALEMBAKIS  |  FRIDAY, 19 JUL 2013  |  NEWS
A coalition of signatories to the Principles for Responsible Investment (PRI) - including Australian superannuation funds - have called on palm oil companies to comply with the Roundtable on Sustainable Palm Oil (RSPO) Principles and Criteria. The signatories ...

ETS proposal put auctions, carbon hedging on tighter agenda

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 JUL 2013  |  NEWS
Prime Minister Kevin Rudd has announced a proposal to bring forward the start of the floating emissions trading scheme (ETS) to 1 July 2014. The proposal would end the fixed price on carbon a year early and catalyse liable entities to organise their ...

CEFC in active discussions with project proponents

RACHEL ALEMBAKIS  |  WEDNESDAY, 17 JUL 2013  |  NEWS
The Clean Energy Finance Corporation (CEFC) is in "active discussions" with over 50 project proponents, according to CEO Oliver Yates. CEFC CEO Oliver Yates The CEFC officially began investing in 1 July, but Yates previously told The Sustainability ...

LGS joins Investor Statement on Bangladesh

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUL 2013  |  NEWS
Local Government Super (LGS) has signed the Investor Statement on Bangladesh, joining more than 190 shareholders and investors which are calling on brands and retailers to implement the core labour standard of the International Labor Organisation (ILO). ...

RIAA: Responsible Investment portfolios continue to grow

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUL 2013  |  NEWS
Responsible investment portfolios in Australia managed AU$152 billion or 16% of total assets under management last year, and core responsible investment funds are outperforming the benchmark of mainstream funds, according to the Responsible Investment ...

Impax Asset Management makes case for fossil fuel divestment

RACHEL ALEMBAKIS  |  FRIDAY, 12 JUL 2013  |  NEWS
Eliminating the fossil fuel sector from a global benchmark index can yield a small positive return effect with low tracking error, according to analysis by Impax Asset Management. Impax created model equity portfolios structured around fossil fuel divestment ...

ACCA: Rio+20 corporate sustainability commitments "too weak"

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 JUL 2013  |  NEWS
The corporate sustainability commitments outlined in the Rio+20 2012 outcome document are too weak and represent a missed opportunity to catalyse corporate action, according to a new report from the Association of Chartered Certified Accountants (ACCA). ...

Greenfleet registers two Carbon Farming Initiative projects

RACHEL ALEMBAKIS  |  WEDNESDAY, 10 JUL 2013  |  NEWS
Greenfleet, a reforestation not-for-profit, has had two of its reforestation projects registered under the Carbon Farming Initiative (CFI). Greenfleet used the CFI's Sequestration: Quantifying Carbon Sequestration by Permanent Environmental Plantings ...