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Clean Energy Council: keep Renewable Energy Target

RACHEL ALEMBAKIS  |  FRIDAY, 14 SEP 2012  |  NEWS
The Clean Energy Council (CEC) has called upon the federal government to retain the 20% Renewable Energy Target (RET) to ensure investment-grade stability and drive job creation in the renewable energy industry. The Climate Change Authority is reviewing ...

Local Government Super recognised at Green Globe Awards

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 SEP 2012  |  NEWS
Local Government Super (LGS) has been awarded with the 2012 Climate Change Leadership Award and the Energy Award at the New South Wales government's 2012 Green Globe Awards. LGS CEO Peter Lambert LGS was recognised for its sustainable and responsible ...

Omega Global Investors hires investment research analyst

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 SEP 2012  |  NEWS
Fund manager Omega Global Investors has hired Andrew Cleeland as investment research analyst. Andrew Cleeland Cleeland comes to Omega from Austock, where he was a quantitative analyst for five years. He specialises in quantitative research and analysis ...

Citi: "Carbon bubble" represents 1-2% of ASX200 value

RACHEL ALEMBAKIS  |  FRIDAY, 7 SEP 2012  |  NEWS
If use of coal for power generation declines dramatically over the next 10-15 years, only 1 - 2% of the ASX200 value appears potentially at risk, according to analysis by Citi. Elaine Prior Approximately 3% of the ASX200 value relates to thermal coal ...

CFI up and running, albeit more slowly than expected

RACHEL ALEMBAKIS  |  FRIDAY, 7 SEP 2012  |  NEWS
The process to gain accreditation for Australian carbon credit unit (ACCU) methodologies under the Carbon Farming Initiative (CFI) is functioning in such a way to yield legally robust and proscriptive processes, according to a partner at law firm Norton ...

Australian property continues to lead GRESB performers

RACHEL ALEMBAKIS  |  FRIDAY, 7 SEP 2012  |  NEWS
Australian property companies and funds outperform regional peers in implementing sustainability strategies into their portfolios, according to the third Global Real Estate Sustainability Benchmark (GRESB). The 42 listed and private company and fund ...

UNPRI signatories name corporate ESG engagement issues

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 SEP 2012  |  NEWS
United Nations Principles for Responsible Investment (PRI) signatories say that executive remuneration, climate change and supply chain labour standards are "priority areas of engagement" with invested companies in the next year. These areas of engagement ...

Solaris Investment Management augments distribution

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 SEP 2012  |  NEWS
Solaris Investment Management has hired Neale Goldston-Morris as investment specialist, representing the fund manager to the institutional investment market. Goldston-Morris comes to Solaris from Macquarie Securities, where he was director, head of ...

Low Carbon Australia and Quantum Power offer biogas services

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2012  |  NEWS
Low Carbon Australia will work with Quantum Power, a biogas-based renewable energy company, to assist farming, abattoir and food processing industries to create energy from waste. The alliance between Low Carbon Australia and Quantum Power will bundle ...

ASIC affirms October deadline for carbon trading AFS licence

RACHEL ALEMBAKIS  |  FRIDAY, 31 AUG 2012  |  NEWS
Institutions that intend to provide financial services in carbon units under the federal pricing regime have until the end of October to apply to the Australian Securities and Investments Commission (ASIC) for an Australian financial services (AFS) ...