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AMP hires Ross Andrews as ESG research associate

RACHEL ALEMBAKIS  |  FRIDAY, 4 MAY 2012  |  NEWS
AMP Capital has hired Ross Andrews as ESG research associate in line with its strategy to expand its proprietary Environmental Sustainable Governance (ESG) research more broadly across investment strategies. Ross Andrews, AMP Capital Andrews will assist ...

LGS audit finds ASX has higher carbon, lower ESG risk

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 MAY 2012  |  NEWS
Local Government Super (LGS) has conducted a carbon and ESG audit of its equity portfolios and found that while domestic Australian equities are more carbon intensive, they have a lower ESG risk than international peers. Bill Hartnett The audits show ...

ASIC details AFS licence process for carbon credit trade

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 MAY 2012  |  NEWS
The Australian Securities and Investments Commission (ASIC) has published the details of how to register for the licensing process for those intending to provide financial services in carbon units under the federal pricing regime. ASIC will accept registration ...

Centre for Social Responsibility in Mining names director

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 MAY 2012  |  NEWS
Saleem Ali has been appointed director to the Centre for Social Responsibility in Mining (CSRM), which is part of the Sustainable Minerals Institute (SMI) at the University of Queensland. Ali will join the University of Queensland as CSRM's new leader ...

Low Carbon Australia to provide financing to foundries

RACHEL ALEMBAKIS  |  FRIDAY, 27 APR 2012  |  NEWS
Low Carbon Australia has developed a financing program tailored to foundry manufacturers seeking to invest in energy-efficient upgrades to equipment and processes. Low Carbon Australia is working with the Australian Foundry Institute (AFI) to inform ...

Carbon Farming Initiative grants for biochar research

RACHEL ALEMBAKIS  |  FRIDAY, 27 APR 2012  |  NEWS
The Department of Agriculture, Fisheries and Forestry (DAFF) has awarded AU$2m in funding to five research projects that will investigate how farmers can participate in the Carbon Farming Initiative (CFI) by using biochar to reduce carbon emissions. ...

La Trobe University wins sustainability reporting award

RACHEL ALEMBAKIS  |  FRIDAY, 27 APR 2012  |  NEWS
La Trobe University won best first time report in the CR Reporting Awards (CRRA) for its 2010 sustainability report. Sydney-based consultancy Banarra was first runner up in the Best SME report category, while Amcor was also a runner up for the Best ...

QIC selects Molpus Woodlands Group for timber mandate

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 APR 2012  |  NEWS
QIC has selected the US-based Molpus Woodlands Group as an investment partner, with the timberland specialist purchasing approximately 42,000 acres of timberland on QIC's behalf. James Dick, QIC head of alternative investments The AU$63.5bn institutional ...

UKSIF endorses Natural Capital Declaration

RACHEL ALEMBAKIS  |  WEDNESDAY, 25 APR 2012  |  NEWS
The UK Sustainable Investment and Finance Association (UKSIF) has joined National Australia Bank and other institutions in endorsing the Natural Capital Declaration, a financial sector declaration to address the use of natural capital by businesses. ...

Sustainable workforce a material corporate issue

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2012  |  NEWS
As companies and organisations look to manage their material sustainability factors, the issue of a sustainably managed and motivated workforce is coming to the forefront. While occupational health and safety issues are routinely managed and reported ...