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Australia in top ten for GRI sustainability reporting

RACHEL ALEMBAKIS  |  WEDNESDAY, 16 MAY 2012  |  NEWS
Australia is one of the top ten countries for sustainability reporting using the Global Reporting Initiative (GRI) framework, according to a statistical analysis of the GRI Sustainability Disclosure database. Australia had 4% of the total number of ...

Skills shortage in oil and gas sector a material ESG risk

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAY 2012  |  NEWS
Oil and gas companies are exposed to skills shortages in their workforce, and that exposure and companies' strategic responses pose risks to health and safety, to the environment, and to capital expenditure projects for exploration and production, according ...

Climate change realities necessitate superannuation response

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAY 2012  |  NEWS
The scientific consensus around the potential impacts of climate change and the affirmative policy moves of governments around the world to mitigate their impacts means that Australia's renewable energy target and carbon pricing regime is not an outlier ...

Superannuation funds increasingly act, invest sustainably

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAY 2012  |  NEWS
While 80% of superannuation funds have told research firm SuperRatings that they believe they have a responsibility to operate sustainably, only 20-30% of those respondents measure and report energy, waste and water usage regularly. In their annual ...

Greg Bourne appointed acting chair of ARENA

RACHEL ALEMBAKIS  |  FRIDAY, 11 MAY 2012  |  NEWS
Greg Bourne has been appointed acting chair of the Australian Renewable Energy Agency (ARENA) board by Minister for Resources and Energy Martin Ferguson. Resources Minister Martin Ferguson ARENA, which commences in July 2012, will be an independent ...

SAP: sustainability for innovation as well as cost reduction

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 MAY 2012  |  NEWS
SAP, the business management software provider, has integrated sustainability metrics into its corporate strategy for both internal cost reductions and as a source of corporate innovation, using a stakeholder body of executives and customers to gather ...

Low Carbon Australia certifies water recycling plant

RACHEL ALEMBAKIS  |  WEDNESDAY, 9 MAY 2012  |  NEWS
Low Carbon Australia has certified as carbon neutral Western Water 's Class A Recycled Water Plant in Melton, north-west of Melbourne. The Melton plant's biogas cogeneration facility uses methane emissions generated from the water recycling process ...

NAB partners to launch Victorian microfinance retail hubs

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2012  |  NEWS
NAB, Good Shepherd Microfinance and the Victorian state government have launched an AU$7.8m retail project to provide access to microfinance products, financial counselling and other services to financially excluded people in Victoria. Good Shepherd ...

GBST, CAER to offer quantitative ESG data tool

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2012  |  NEWS
Global financial services technology provider GBST and corporate ESG research firm CAER - Corporate Analysis. Enhanced Responsibility are partnering on a quantitative ESG risk management tool aimed at superannuation funds and fund managers. The product ...

bankmecu, Foresters Community Finance partner on loan scheme

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2012  |  NEWS
bankmecu and Foresters Community Finance, in conjunction with the Victorian government, have entered into a partnership by which the bank will provide loans to help community based organisations buy their own property. The agreement formalises an existing ...