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Local Government Super names Joanna Davison director

RACHEL ALEMBAKIS  |  FRIDAY, 1 NOV 2013  |  NEWS
... acting chief executive Fund Executives Association Ltd (FEAL).Davison was previously regional managing director for Australia and New Zealand at CFS Global Asset Management (CFS GAM). During this time she was integral in CFS GAM's positioning as a leading ...

City of Melbourne looks to commercial solar installation

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 OCT 2013  |  NEWS
Ed. note: This article has been updated with information from Cr Arron Wood The City of Melbourne and the Sustainable Melbourne Fund are reaching out to advise non-residential commercial building owners of financing options for cost-effective solar ...

Investors ask companies for information on fossil fuel exposures

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 OCT 2013  |  NEWS
Australian investors have joined a group of 70 global investors calling on the world's top oil and gas, coal and electric power companies to assess the financial risks of climate change to their business. The Carbon Asset Risk (CAR) initiative, coordinated ...

CBA questioned over carbon emissions calculations

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
The Commonwealth Bank of Australia has reported that it has achieved and exceeded its target to reduce carbon emissions by the end of the 2012/2013 financial year, but it included in its calculations of its reductions a re-allocation of 3,500 tonnes ...

DLA Piper: climate change legal risk in property development

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
... firm DLA Piper. Mark Baker-Jones, special counsel at DLA Piper "There are changes occurring in legislation throughout Australia that are resulting in organisations having to directly or indirectly take into account climate change when making decisions ...

ARENA announces launch of wave-to-electricity unit

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
The world's first wave-energy-to-electricity unit has been launched in Port MacDonnell, South Australia, the Australian Renewable Energy Agency (ARENA) has announced. ARENA provided funding to Oceanlinx, which designed and constructed the one megawatt ...

Willingness to pay affects BlackRock sovereign debt scores

RACHEL ALEMBAKIS  |  FRIDAY, 25 OCT 2013  |  NEWS
... Joko Widodo in next year's presidential election. Norway, Singapore, Switzerland, Sweden, Finland, Germany, Taiwan, Australia, Canada and New Zealand were the in the top 10 quintile for performance against sovereign risk, according to BlackRock. India ...

Companies face uncertainty from timing of carbon tax repeal

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2013  |  NEWS
Companies that are currently liable under the carbon pricing mechanism (CPM) face uncertainty over their compliance and potential pricing arrangements if the government's proposed legislation to repeal the price on carbon is not passed by July 2014. ...

Ethinvest rallies support for BHP Billiton board candidate

RACHEL ALEMBAKIS  |  FRIDAY, 18 OCT 2013  |  NEWS
Ethinvest is supporting a campaign to have climate advocate Ian Dunlop appointed to the BHP Board at its November AGM. Trevor Thomas, Ethinvest managing director Ethinvest, an investment advisory firm founded on ethical investment principles, is supporting ...

Northern Trust: investor call for ESG data in private equity

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 OCT 2013  |  NEWS
... Finlayson, senior vice president, product manager, asset servicing strategic initiatives at Northern Trust. Finlayson is in Australia to meet with clients and potential asset servicing clients and spoke with The Sustainability Report on the increased ...